On September 20th, Phantom announced the launch of an embedded wallet at the Solana Breakpoint conference today, aimed at helping developers simplify the new user onboarding process.

The embedded wallet reportedly requires no seed phrase, allowing users to create secure self-custodial accounts with just an email address and a four-digit PIN. The wallet is fully functional, including features like swapping, viewing balances, and monitoring transactions.

BlockBeats previously reported that Phantom acquired Bitski, an NFT platform backed by a16z, in late May. As part of the deal, Phantom will bring "embedded wallet" functionality to Solana to streamline processes, marking Phantom's first acquisition.