Phantom, a non-custodial crypto wallet better known as the Solana wallet, has now added support for Bitcoin and recent innovations on the Bitcoin network – Ordinals and BRC-20 tokens.
Users are now able to buy, sell, store, and trade Bitcoin (BTC) through their Phantom wallet account alongside SOL, ETH, and other assets. It also allows importing existing Bitcoin wallets while enabling support for Bitcoin Ordinals as well as BRC-20 tokens.
With the addition of support for Bitcoin, Phantom has taken another major step towards becoming a multichain crypto wallet, as it already added support for Ethereum and Polygon in April. The Bitcoin functionality is currently in the beta phase of the wallet.
“Without Bitcoin, there’d be no Solana, Ethereum, or web3,” it said in the announcement, adding, “For that, we’re forever grateful for Bitcoin and thrilled to launch it (in ₿eta) on Phantom.”
Phantom was launched in 2021, and within a year, it had more than 3 million users. The wallet raised $109 million in financing in January 2022 from leading crypto-focused venture investors including Paradigm, a16z, Jump Crypto, Solana Ventures, and others.
