Cryptocurrency exchange Bitso launches Web3 wallet

2024-05-14 13:52:04

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ChainCatcher news, cryptocurrency exchange Bitso has announced the launch of a Web3 wallet. This Web3 wallet utilizes MPC technology to facilitate users' self-custody processes and supports Ethereum, Polygon, Arbitrum, Base, and Optimism networks. The wallet will feature embedded functionality that allows for exchanges between over 2000 existing tokens on these protocols.

Bitso co-founder and CEO Daniel Vogel stated that Bitso is observing the developments of global exchanges like Coinbase, which have launched their own networks to enhance user experience. Although Vogel did not confirm that Bitso intends to enter this market, he emphasized that his company "is doing well from a user experience perspective" and that using these tools "can make the process more fun and easier."

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