MetaMask adds native Bitcoin support, accelerating its multi-chain strategy
This update enables users to interact directly with the Bitcoin network from within MetaMask itself, according to a company announcement released on Monday.
Primarily known as an Ethereum wallet, MetaMask is developed by Consensys and is widely used in the cryptocurrency industry. With this adjustment, the platform will support operating multiple blockchain ecosystems within a single interface.
Bitcoin functionality directly integrated into the wallet
This new integration allows users to purchase Bitcoin directly within the app using fiat currency, and to send and receive Bitcoin through standard on-chain transactions.
MetaMask has also introduced a cross-chain asset swap feature, allowing users to swap Bitcoin for EVM-based tokens directly within the wallet. In addition, swaps between Bitcoin and Solana-based assets are also supported.
To encourage users to use Bitcoin, MetaMask stated that users who swap with Bitcoin will receive MetaMask reward points.
Initial technical support and subsequent upgrades
MetaMask's initial support for Bitcoin includes native SegWit addresses. The company stated that it plans to add compatibility for Taproot addresses in future updates.
This expansion to Bitcoin builds on previous work for non-EVM networks. MetaMask had previously launched Snap plugins to extend wallet support to networks beyond Ethereum.
Through Snap, users have already been able to access Bitcoin Layer 2 networks, including BOB. The new native Bitcoin support goes beyond plugins, achieving a deeper level of integration.
Part of a larger wave of feature releases
Notably, the launch of Bitcoin comes at a busy time for MetaMask product development. Recent updates include the launch of a Polymarket access point and the mUSD stablecoin.
The wallet has also added in-app perpetual trading powered by Hyperliquid. Together, these features reflect MetaMask's commitment to enabling users to do more within the app.
Meanwhile, MetaMask recently released a physical MetaMask card. The card operates on the Linea network, an Ethereum Layer 2 developed by Consensys.
MetaMask first outlined its multi-chain roadmap earlier this year, with native Solana support as the first step. At that time, the team stated plans to integrate Bitcoin in the third quarter.
Although the final version was released in the fourth quarter, this launch fulfills the previous commitment and further advances MetaMask's broader multi-chain goals.
What happens next?
This update also comes as Consensys prepares for a potential IPO. Founded in 2014, the company is working to enhance the market impact of its flagship products.
MetaMask has also reported progress on its upcoming MASK. In October, the wallet teased one of its largest on-chain reward programs to date, including over $30 million in rewards related to the Linea network.
Consensys CEO Joseph Lubin has confirmed that development of MASK is underway, but the company has not yet announced a specific launch date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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