Phantom Wallet Expands Multichain Support with Sui Integration - Blockchain.News

Phantom Wallet Expands Multichain Support with Sui Integration

Iris Coleman Dec 05, 2024 14:15

Phantom Wallet announces integration with Sui, enhancing its multichain capabilities and offering Sui users a secure wallet solution. This move marks a significant milestone for the Sui ecosystem.

Phantom Wallet Expands Multichain Support with Sui Integration

Phantom Wallet, a leading non-custodial multichain cryptocurrency wallet, has announced the integration of Sui, marking a significant milestone in the wallet's expansion strategy. According to the Sui Foundation, this integration brings Sui onto a platform that already supports prominent blockchains such as Solana, Bitcoin, and Ethereum.

Enhancing Multichain Capabilities

With seven million monthly active users, Phantom Wallet stands as the most widely used onchain wallet in the industry. The addition of Sui is expected to enhance interoperability and showcase the wallet's commitment to a multichain future. Users can access features like staking, in-app token swaps, NFT storage, and Ledger hardware wallet integration, which have already facilitated over 560 million onchain transactions this year.

Strategic Integration for Sui

The integration is particularly strategic for Sui, a Layer 1 blockchain, as it gains entry into a wallet ecosystem known for its selective support. Jameel Khalfan, Global Head of Ecosystem at the Sui Foundation, highlighted the significance of this development, stating that it offers the Sui community access to a first-class wallet experience with a host of desired features.

"The integration of Phantom Wallet with Sui represents a giant leap for the Sui ecosystem," Khalfan commented. "Phantom Wallet is selective about which chains it supports, and we are proud to now be included among this notable group."

Available Across Multiple Platforms

For Sui users, this integration means access to a reliable and secure wallet solution available as a browser extension for Chrome, Firefox, Edge, and Brave, as well as a mobile app for iOS and Android. This broad availability underscores Phantom's commitment to providing a seamless user experience across various platforms.

A Commitment to High-Performance Blockchain

Brandon Millman, CEO of Phantom, expressed enthusiasm for the collaboration with Sui, noting, "We're excited to bring Sui support to millions of Phantom users. Sui's thoughtful approach to scalability and developer-focused solutions aligns with our commitment to high-performant blockchains. We look forward to building together and supporting its growth."

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