Yoroi Wallet Evolves Into SecondFi as Cardano Users Get Self-Custody Finance Platform

Yoroi Wallet is evolving into SecondFi, a self-custodial neofinance platform developed within the EMURGO ecosystem and introduced at Money20/20 Bangkok. Existing Yoroi users are expected to access the new experience through an app update, with wallets, stake pool delegations and DRep delegations remaining unchanged.

SecondFi Rebrands Yoroi Beyond a Cardano Wallet

Yoroi has operated as one of Cardano’s most widely used light wallets, giving users access to asset management, transactions, staking and participation in the Cardano ecosystem. SecondFi expands that product position by moving the wallet experience toward a broader finance application.

According to EMURGO’s announcement, users do not need to migrate funds, create a new wallet or change their existing Cardano delegations. The transition is handled through the app update process, while existing wallet access and delegation settings remain in place.

The update also separates the consumer product from Yoroi’s ongoing role in Cardano governance. EMURGO has stated that Yoroi will continue to exist as a DRep brand, while SecondFi becomes the user-facing finance platform built from the wallet’s existing infrastructure.

Multichain Support, Swaps and Card Payments Expand the Product Scope

SecondFi adds multichain support beyond Cardano and is positioned to include access to assets across networks such as Ethereum, Solana, BNB Chain, Base, Avalanche, Tron and additional chains. The product combines self-custody with functions that include sending, spending, staking, swapping and saving digital assets.

The platform is also introducing SecondFi Card, a Visa card for users in supported countries. Wirex said its infrastructure will power the card, allowing SecondFi cardholders to spend at merchants where Visa is accepted while funds remain in the user’s wallet until the moment of transaction.

SecondFi’s roadmap includes additional blockchain networks, stablecoin yield features, real-world asset exposure and more financial tools. The project’s website also positions the platform around an existing user base of more than one million users, linking the new product rollout to Yoroi’s established distribution rather than a standalone launch.

Cardano Wallet Infrastructure Moves Toward Consumer Finance

The SecondFi rollout comes as Cardano wallet infrastructure is increasingly connected with staking, governance, DeFi access and broader user-facing financial services. Yoroi already served as a main entry point for many Cardano users, while SecondFi adds features intended to make the same wallet relationship useful across more financial activities.

For Cardano, the operational change is that an established wallet product is being extended into a platform that combines self-custody, multichain access, swaps, staking and card-based spending. For existing Yoroi users, the transition keeps current wallets and delegations intact while adding a broader product layer through the updated application.

SecondFi will be introduced in phases, with future features depending on product rollout, network integrations and regional support. The immediate shift is that Yoroi’s wallet base is being used as the foundation for a wider self-custodial finance platform rather than remaining limited to standard wallet functionality.