Phantom Wallet has introduced a version that now supports Bitcoin as well as Ordinals and BRC-20 tokens.
In a blog post, the Phantom team said the new integrations are currently supported in beta mode for a select number of trusted apps such as Magic Eden and UniSat, suggesting that users will need to manually enable BTC support in their wallets in order to access the new features.
“And regardless of whether you’re a Solana or Ethereum maxi or a multichain enjoooor, there’s no denying that we wouldn’t be here without it.”
The Phantom Team
Phantom launched in 2021 and initially offered services primarily on Solana. The wallet provider claims to have over two million users.
With a focus on multi-chain functionality, the wallet allows users to convert both coins and non-fungible tokens across different blockchain networks. Additionally, users can also select their preferred address type and choose between Taproot and Segwit forks.
Phantom has evolved into a self-governing multi-chain wallet with support for the Ethereum and Polygon ecosystems and now plans to delve deeper into the Bitcoin network. For example, the developers plan to add more features in the future, including Ledger wallet support and customizable gas fees. However, the developers did not give a specific time frame for these updates.
In January 2022, Phantom closed a $109 million Series B funding round led by Paradigm, increasing its valuation to $1.2 billion. Other investors include Jump Capital, Andreessen Horowitz (a16z), Solana and Variant.
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