Crypto wallet Phantom has announced that it will be expanding its support to include Ethereum and Polygon blockchains. The wallet’s 3 million users will now be able to transfer assets between blockchains and interact with dApps and NFT marketplaces like Uniswap, Aave, Blur, and OpenSea.
Phantom’s new capabilities come more than a year after the wallet’s $1.2 billion valuation on a $109 million funding round led by Paradigm, Solana, and other investors. The multichain integration was originally slated for the first quarter of 2023, but the company pushed the launch date forward.
Phantom’s expansion to include other blockchains could reflect a growing trend towards multichain solutions. While most crypto wallets focus on providing services for single-layer blockchains, Phantom’s move highlights the potential for multichain integration in the future.
In addition to its multichain support, Phantom is also introducing advanced safety features, such as spam filtering, transaction simulations, and warnings for malicious websites. Brandon Millman, CEO and co-founder of Phantom, emphasized the wallet’s commitment to user safety and customer support, stating that the team is available 24/7 to assist users in the event of a phishing attack.
Overall, Phantom’s multichain support and safety features could offer a valuable solution for users seeking a versatile and secure crypto wallet.
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