Bitcoin and Ordinals now supported by Solana's Phantom wallet

2023-12-21 07:39:23

Phantom wallet has unveiled 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 to a select number of trusted apps like Magic Eden and UniSat, suggesting users have to manually activate BTC support in their wallets to access the new features.

“And regardless if you’re a Solana or Ethereum maxi, or a multichain enjoyooor, there’s no denying that we wouldn’t be here without it.”

The Phantom team

Launched in 2021, Phantom initially offered services mainly on Solana. The wallet provider claims to have over two million users.

With a focus on multi-chain functionality, the wallet empowers users to convert both coins and non-fungible tokens across ious blockchain networks. Furthermore, users can also select their preferred address type, choosing between Taproot and Segwit forks.

Having evolved into a multi-chain self-custodial wallet with support for the Ethereum and Polygon ecos, Phantom now plans to dive deeper into the Bitcoin network. For example, the developers plan to add more features in the future, including the Ledger wallet support and customizable gas fees. However, the developers did not provide a specific timeframe for these updates.

In January 2022, Phantom completed a $109 million series B funding round led by Paradigm, bringing its value to $1.2 billion. Other investors include Jump Capital, Andreessen Horowitz (a16z), Solana, and iant.

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