Phantom Announces Embedded Wallet to Simplify Onboarding for Developers
Phantom Launches Embedded Wallet at Solana Breakpoint, Simplifying User Onboarding
Solana Breakpoint, September 20 – Phantom announced the launch of its embedded wallet at today's Solana Breakpoint conference, aiming to simplify the onboarding process for new users.
The embedded wallet, reportedly, requires no seed phrase. Users can create a secure, self-custodial account with just an email address and a four-digit PIN. The wallet is fully functional, offering features such as swapping, viewing balances, and tracking transactions.
This news follows Phantom's acquisition of NFT platform Bitski in late May, backed by a16z. As part of the deal, Phantom brought its "embedded wallet" functionality to Solana to simplify the process. This marks Phantom's first acquisition.