Ethereum and Polygon Support Now Added to Phantom Wallet

Ethereum and Polygon Support Now Added to Phantom Wallet
  • The company claims that a simple self-custodial wallet is vital.
  • Phantom and Polygon collaborated closely to provide a premium wallet experience.

Earlier today, Phantom, one of the most widely used cold storage wallets for Solana-based decentralized applications and NFTs, announced that it will be expanding to include Ethereum and Polygon. Phantom is available for PC, iOS, and Android.

When compared to centralized exchanges and firms that manage sensitive user data. The company claims that a simple self-custodial wallet is vital. In a statement, Phantom’s CEO and co-founder Brandon Millman expressed his company’s eagerness to make the Phantom experience available to the entire Web3 community.

Unique Premium Wallet Experience

The business claims that its goal is to solve major issues with usability and security in the digital collectibles industry. By unifying access to the three main blockchain ecosystems in one place. Developers, users, and collectors of Solana can already interact with decentralized finance (DeFi) protocols and non-fungible tokens using the Phantom wallet.

Ryan Wyatt, CEO of Polygon Studios stated:

“The Polygon ecosystem has been growing exponentially, and we are excited about bringing more people into the Web3 ecosystem. Working with Phantom will allow us to deliver a feature-rich wallet that’s ready for mainstream consumers to use when interacting with apps powered by Polygon.”

Phantom claims that it and Polygon collaborated closely to provide a premium wallet experience. Which has resulted in the addition of more than 3 million active users. The company’s goal is to increase crypto adoption. By providing a user-friendly wallet that can store and display assets from any blockchain. A private multi-chain beta is set to start in the coming weeks. And a public release is expected later this year, the business said.

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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.