Xcapit, the first wallet identified as a ‘digital public good’ by the Digital Public Good Alliance



Years ago, revolutionizing the traditional financial system seemed like a difficult goal to achieve; however, today it is a reality through wallets that use decentralized finance investment products (known as DeFi).

The objective of these decentralized digital wallets or purses is to carry out receiving and sending operations through the blockchain so that people can have absolute control and transparency of their capital.

This is how DeFi come to bring a whole set of financial products and services within the reach of anyone and allow a new paradigm of well-being.

It is in this framework that more and more crypto projects receive recognition as a “digital public good” as recently achieved by the Latin American startup Xcapit , the wallet within the DeFi ecosystem -and part of the UNICEF Venture Fund cohort- which has been reviewed by the Digital Public Goods Alliance ( DPGA ) and is now the first decentralized wallet recognized as a digital public good in line with the Digital Public Goods Standard.

But what is the reason behind it? The Digital Public Goods Standard is a set of specifications and guidelines designed to maximize consensus on whether something fits the definition of digital public goods set out by the UN Secretary-General in the 2020 digital cooperation projection.

Being recognized as a digital public good increases the visibility, support and prominence of open projects that have the potential to address global challenges.

To become a digital public good, projects and innovations must comply with the DPGA Standard to ensure that they truly encapsulate open source principles. The goal of the DPGA and its registry is to promote digital public goods to create a more equitable world.

Xcapit seeks that personal finances contribute to general well-being and not the other way around. The objective is to create a lasting social and economic impact, focused on education as one of the main contributing factors to reduce access barriers to financial freedom. This is possible because cryptocurrencies are a step in the democratization of finance and the best way to do it is through secure wallet alternatives that allow you to invest in them.

More specifically, this registry certifies that Xcapit, the self-custodial, open source and decentralized wallet, collaborates with the following sustainable development goals established by the UN:

1. End of poverty

2. Zero Hunger

4. Quality education

5. Gender equality

10. Reduced inequality

In this regard, it is important that a wallet be decentralized and self-custodial, so that everyone is the holder of the private key that gives access to the funds; as well as open source, so that the public can see, modify and distribute the code in the way that it deems most convenient.

A good wallet option is one that incorporates Web3 to transform fiat money into crypto, use DeFi protocols and obtain returns above what is achieved with traditional finance.

“Our goal is to increase financial accessibility and inclusion to reduce inequality and ensure that no one is left behind, especially in developing countries and vulnerable populations. Our objective is Latin America, in which a large population is not banked and where remittances have become slow, expensive and, sometimes, with the risk of fraud for those who are not banked”, affirms José Trajtenberg with pride of obtaining this recognition. , CEO of the start up of Argentine origin that is spreading to more countries in Latin America. “With our wallet, the user is completely anonymous and can have control of their own money without distinction of gender, sex, disability, race, ethnicity, origin, religion, economic situation or any other”, he adds.



The Digital Public Goods Alliance is a multi-stakeholder initiative endorsed by the United Nations Secretary-General, working to accelerate the achievement of the Sustainable Development Goals in low- and middle-income countries by facilitating the discovery, development , use and investment in digital public goods.


The Argentine startup Xcapit was founded in 2018 with the mission of democratizing finance in Latin America and emerging economies by providing access to DeFi (decentralized finance) in a simple way. Invested by Unicef ​​in 2021, it develops products that promote the culture of savings and investment, with the aim of revolutionizing the way we interact with money. It has been selected by the Startup Network as one of the Latin American startups with the greatest potential to become a unicorn.

The team has built an open source, self-custodial wallet that allows you to invest easily and safely, automatically, and with very low risk in stable currencies such as USDT, and in others such as BTC, ETH, without the need to be banked.

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