Bravea privacy-focused web browser with over 60 million users, has deployed an update to its desktop version (1.63) that introduces support for Native SegWit Bitcoin wallets in its built-in Brave Wallet. Additionally, Brave Wallet now allows users to send and receive from all Bitcoin address types, including Legacy, Nested SegWit, Native SegWit, and Taproot, ensuring compatibility with third-party wallets.
#Bitcoin is now available in Brave Wallet on desktop!
Just make sure you're using the latest version of Brave (v1.63) and you'll see the option in the “Accounts” section of Brave Wallet.
Details are in today's blog post 👉 pic.twitter.com/3blrfIKSlV
– Brave Software (@brave) February 27, 2024
The move comes amid growing institutional adoption of Bitcoin, particularly following the recent approval of several Bitcoin ETFs in the United States. Bitcoin, which continues to establish itself as a resilient asset class, is expanding its use cases beyond peer-to-peer payments to encompass store-of-value functions and serve as a foundation for innovation in areas such as NFTs and DeFi, Brave said in the announcement.
“Our goal with Brave Wallet is to offer the most secure and privacy-friendly software wallet for everyday use,” said James Mudgett, vice president of Web3 Products at Brave. “As the Bitcoin ecosystem grows with new applications and services, Brave Wallet will be there to prioritize security and privacy, to help protect user assets.”
Looking ahead, Brave says it plans to introduce more privacy-enhancing features within Brave Wallet. Additionally, the company intends to allow users to store BRC-20 tokens and ordinals in Brave Wallet, with these features expected to be available on all desktop and mobile versions of the browser later this year.