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Articlenormalfi.substack.comNormal1d ago

Normal becomes multi-asset

Normal Finance adds support for Bitcoin, Ethereum, Solana, and XLM to its non-custodial wallet, launching July 7. The multi-asset expansion uses Turnkey-powered biometric passkeys to replace traditional seed phrases, making self-custody accessible without sacrificing security. A savings product earning ~8% APY on USDC remains foundational.

WalletsAsset ManagementFinancial Inclusion
Lumen Loop's take

Normal Finance expands from single-asset savings to multi-asset custody on July 7, adding support for Bitcoin, Ethereum, Solana, and XLM alongside its core USDC savings product (earning ~8% APY). The protocol is non-custodial: users hold their own keys with no company control or fund freezing. The innovation is security without friction: Turnkey-powered biometric passkeys (Face ID) replace the seed phrases that have historically kept normal people out of self-custody. Pricing is transparent: free wallet creation, no KYC, 0.5% swap fees, and yield-sharing (company never touches principal). Multi-asset support is step one; yield generation across all assets is the stated direction.

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DeFi

Normal Finance is a multi-chain synthetic asset protocol that enables investors to gain exposure to various assets, asset indexe…

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