25 Jun

Phantom, a well-known crypto wallet for the Solana ecosystem, is making a move towards a future that supports multiple blockchains. In a recent announcement, Phantom revealed it's adding support for Bitcoin (BTC), alongside a unique NFT minting event on the Bitcoin blockchain itself.

This Ordinal mint event kicks off on June 27th and runs until July 1st. During this time, Phantom users will be able to mint NFTs directly onto the Bitcoin blockchain using the familiar Phantom interface. This is a significant development, as it opens doors for users to manage both Solana assets and Bitcoin-based NFTs within a single wallet.

Phantom's embrace of Bitcoin and Ordinals suggests a broader vision. By incorporating the leading cryptocurrency and the emerging trend of NFT minting on Bitcoin, Phantom positions itself as a potential one-stop shop for crypto users managing assets across different blockchains. This move aligns perfectly with the rise of multichain applications and decentralized finance (DeFi) that transcend individual blockchains. 

June 2024, Cryptoniteuae

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