Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3

Phantom adds support for Bitcoin, Ordinals and BRC-20 tokens

The BlockThe Block2023/12/20 20:44
By:The Block

Quick Take Phantom, originally a Solana wallet created by Ethereum developers, announced users can now trade and transfer bitcoin, Ordinals, and BRC-20 tokens.

Phantom's march toward adding support for a variety of chains took another step as it announced that users can now trade and transfer bitcoin, Ordinals and BRC-20 tokens.

The wallet's new optionality is "currently in beta so it’s 100% opt-in," Phantom said in a post to X . "Without Bitcoin BTC +3.51% , there’d be no Solana, Ethereum, or web3. And for that, we’re forever grateful for Bitcoin and thrilled to launch it (in ₿eta) on Phantom," it also said.

Phantom, known for being a Solana wallet, took its first steps toward becoming multichain when it added support for the Ethereum and Polygon blockchains. "We believe that the future of digital asset management lies in cross-chain interoperability," Brandon Millman, co-founder and CEO of Phantom, said at the time.

Phantom's quick rise

After launching in 2021, Phantom quickly became a popular wallet, and, as of about a year ago, had more than 3 million active users. Ethereum developers are credited with creating the wallet, which has a browser extension for accessing decentralized finance applications.

Phantom raised $109 million in Series B financing in early 2022 in a round led by Paradigm with participation a16z, Variant, Solana Ventures and Jump Crypto.


0

Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

You may also like

Michael Heinrich: AI seems destined to become central to everyday digital applications and services

Cointime2024/06/03 00:10

Bitcoin Miner Balance Drops Below 1.81 Million BTC

Cointime2024/06/03 00:10

Bitcoin rises 210%, Satoshi Nakamoto may become the world's richest man

Cointime2024/06/03 00:10

The total amount of funding in the crypto market in May was $1.019 billion

Cointime2024/06/03 00:10

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
9359.81%
ROI
Total profit $47735.04
WhaleGo_YouTube
WhaleGo_YouTube
insight500/500
1269.4%
ROI
Total profit $3685.87

Bot copy trading

More
BGUSER-FFF8CNJ4
BGUSER-FFF8CNJ4
insight8/150
$7892.34
Total profit
Total subscriber profits $210.93
TopTrader85
TopTrader85
insight150/150
$13284.03
Total profit
Total subscriber profits $137.16