Tuyo, the self-custodial crypto wallet, is making significant strides in the digital finance landscape, with its founder Jorge Izquierdo recently lauded for his vision and the "incredible product" he has built. The platform, which launched its Tuyo Card globally, aims to simplify cryptocurrency interactions and establish itself as a universal money account for stablecoins. This development follows a positive social media reaction from industry figures like Evan Stites-Clayton, who remarked, "Wow. Epic video from the Tuyo founder Jorge as well explaining his personal story and what made him want to build this incredible product."
Founded by Jorge Izquierdo, a co-founder of the decentralized autonomous organization (DAO) platform Aragon, Tuyo was publicly revealed in May 2024. The wallet's core mission is to abstract away the complexities of interacting with various blockchain networks, offering users a streamlined experience for buying, selling, and holding cryptocurrencies. Izquierdo articulated this approach, stating: > "The idea is to build a great 'walled garden' in which even if users are in custody of their crypto, they won't experience many of the complexities."
Tuyo leverages advancements like account abstraction and faster decentralized exchanges on Layer 2 networks to achieve its user-friendly design. This technological integration allows for a seamless experience, combining transaction approvals into single steps and operating across multiple blockchains such as Ethereum, Optimism, Arbitrum, and Base without exposing users to unnecessary technical details. Izquierdo noted that > "It's only now that all the pieces finally come together to be able to offer a great experience akin to a centralized exchange that can be used by hundreds of millions in which everything but the on/offramp can happen onchain."
The recent global launch of the Tuyo Card further solidifies the company's ambition to integrate crypto into daily life, enabling users to spend their digital assets for everyday purchases. Tuyo has set an ambitious target for its future, projecting that by 2030, "three billion people will live on stablecoins," and they will utilize Tuyo as their universal money account. Izquierdo himself has been actively using the Tuyo Card, remarking, "I've personally been using Tuyo exclusively for the past 2 months: groceries, travel, and daily expenses. It just works, and it honestly still feels magical every time."
Izquierdo's journey to Tuyo follows his departure from Aragon in January 2021 due to disagreements over governance decisions, a personal narrative that reportedly fuels his drive to create a truly self-sovereign and user-centric financial tool. With its headquarters now established in Miami, Tuyo is positioned to expand its offerings, with plans to introduce more DeFi applications and network support in the near future.