Phantom’s march towards including support for quite a lot of chains took one other step because it introduced that customers can now commerce and switch bitcoin, Ordinals and BRC-20 tokens.
The pockets’s new optionality is “at the moment in beta so it’s 100% opt-in,” Phantom mentioned in a post to X. “With out Bitcoin BTC
+2.36%
, there’d be no Solana, Ethereum, or web3. And for that, we’re endlessly grateful for Bitcoin and thrilled to launch it (in ₿eta) on Phantom,” it additionally mentioned.
Phantom, identified for being a Solana pockets, took its first steps towards turning into multichain when it added support for the Ethereum and Polygon blockchains. “We consider that the way forward for digital asset administration lies in cross-chain interoperability,” Brandon Millman, co-founder and CEO of Phantom, mentioned on the time.
Phantom’s fast rise
After launching in 2021, Phantom rapidly turned a preferred pockets, and, as of a couple of yr in the past, had greater than 3 million energetic customers. Ethereum builders are credited with creating the pockets, which has a browser extension for accessing decentralized finance purposes.
Phantom raised $109 million in Collection B financing in early 2022 in a spherical led by Paradigm with participation a16z, Variant, Solana Ventures and Leap Crypto.
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About Creator
RT Watson is a senior reporter at The Block who covers a wide selection of matters together with U.S.-based firms, blockchain gaming and NFTs. Previously coated leisure at The Wall Avenue Journal, the place he wrote about Disney, Netflix, Warner Bros. and the creator financial system whereas focusing totally on technological disruption throughout media. Earlier to that he coated company, financial and political information in Brazil whereas at Bloomberg. RT has interviewed a various solid of characters together with CEOs, media moguls, prime influencers, politicians, blue-collar employees, drug traffickers and convicted criminals. Holds a grasp’s diploma in Digital Sociology.