COTI, a well-known blockchain payment entity, has officially partnered with MyEtherWallet (MEW), a free, non-custodial, and open-source wallet. This collaboration aims to enhance privacy for users of MyEtherWallet and its multi-chain wallet, Enkrypt. The main goal of this partnership is to incorporate cutting-edge on-chain privacy features to improve confidential transfers for a wide range of users. The collaboration is expected to build consumer trust, drive innovative decentralized wallet initiatives, and strengthen security frameworks.
Did you know? COTI and MyEtherWallet have joined forces to provide privacy features to @myetherwallet and @enkrypt users. Together, they aim to set a new standard for secure, confidential transactions in Web3.
MEW currently boasts 3 million active users and the company’s multi-chain… pic.twitter.com/oVgoKj4OYD— COTI Foundation (@COTInetwork) November 23, 2025
COTI-MEW Partnership Leading the Way in Web3 Privacy Innovation
The partnership with COTI is working towards integrating a privacy layer in MyEtherWallet (MEW) and the multi-chain Enkrypt wallet. This technology offers lightweight and ultra-fast encryption for confidential on-chain transfers without compromising performance. With MEW’s 3 million active users and Enkrypt’s 200,000 users, this partnership is expected to have a significant impact.
In addition, following the Mainnet launch of COTI earlier in 2025, MEW became the first major crypto wallet to fully adopt this technology. Shahaf Bar-Geffen, the CEO of COTI, emphasized that this partnership marks a pivotal moment in advancing consumer-centric financial privacy. The collaboration aims to empower users and enhance blockchain transparency.
Meanwhile, MyEtherWallet, a reputable wallet focusing on data protection, continues to follow a non-custodial approach. As one of the most trusted and earliest Ethereum wallets, it is known for user-friendly design and reliability. The upcoming privacy enhancements will further solidify its position as a leader in decentralized wallet innovation. Both platforms are also working on developing a unique UI/UX design standard to support privacy features.
Collaborative Effort Reflects Increasing Demand for Privacy and Secure Transactions
According to COTI, with the rapid adoption of blockchain technology, there is a growing need for privacy-focused tools. The partnership between MEW and COTI aims to address consumer concerns, particularly regarding the visibility of wallet activity on Etherscan and other block explorers. By demonstrating that transparency and privacy can coexist, this collaboration introduces a strong, distinctive narrative in Web3, promoting consumer empowerment, blockchain innovation, and secure transactions.
