Blockchain
Phantom self-custodial wallet today announced that concurrent support for Ethereum and Polygon networks is live on its mobile app and browser wallets, broadening users’ access to dApps across the Web3 landscape, including Magic Eden, Uniswap, Aave, blur and OpenSea.
The popular Solana wallet first announced support for rival blockchains Ethereum and Polygon in November, aiming to provide the ability to interact with the three largest digital collectible blockchains in one place.
The company says the new features will simplify the management of multiple accounts and assets across blockchains, eliminating the need to switch between wallets and adding the ability to import existing MetaMask, Solana and EVM wallets.
Originally launched in March 2021, Phantom launched its iOS wallet in January 2022 after raising $109 million in funding. This was followed by the launch of an Android version of the Phantom wallet in April last year.
Phantom Solana Wallet adds support for Ethereum and Polygon
1/ Phantom multichain is rolling out today!
Now you can use @ethereum, @0xPolygon and @solana without switching wallets.
With support for multiple secret recovery phrases, it’s easy to import all your wallets in seconds.
Compatible everywhere with a MetaMask button. pic.twitter.com/wbvwmZ1ZlJ
— Phantom (@phantom) May 1, 2023
The Phantom wallet has more than 100,000 users on board since the support beta for Ethereum and Polygon last fall, the company says.
Aside from broadening its user base with these additions, Phantom has also ramped up its security measures in the face of an increase in phishing and scam attacks against NFT holders, including Kevin Rose and Seth Green. In January, Phantom said it had scanned more than 85 million transactions and blocked more than 18,000 wallet-depleting transactions.
Future plans, Phantom said, are to introduce direct NFT sales and develop a bridge to enable the transfer of assets between the Solana and Ethereum networks.
“We believe the future of digital asset management lies in cross-chain interoperability,” Brandon Millman, co-founder and CEO of Phantom, said in a statement. “We are committed to providing our users with the tools and resources they need to easily navigate and transact across different blockchain networks.”
