Velo plans Orbit Plus wallet upgrade with multi-wallet support and referrals

The update will add enhanced account security, a referral program and multiple wallet management as Velo pushes broader user engagement and a more streamlined self-custodial wallet experience.

Summary

Velo said it is preparing an upgrade for its self-custodial wallet, Orbit Plus, centered on stronger account protection, multiple wallet management and a referral program. The company said the additions are part of the next phase of its development roadmap and are designed to improve convenience, simplify how users handle digital assets across different accounts and support wider community engagement. Multi-wallet support could let users oversee several crypto wallets through one interface, reducing friction from switching between applications or repeated authentication, while the referral feature is intended to help expand user acquisition and reward active participants.

Terms & Concepts
  • self-custodial wallet: Wallet where users control private keys
  • multi-wallet management: Handling several wallets in one interface
  • referral program: User incentive system for inviting others