TLDR
- Bitget Wallet has launched the industry’s first MPC wallet solution supporting the TON mainnet
- This launch aligns with the rise of Telegram mini-apps
- The MPC solution now supports TON and Solana mainnets, in addition to Bitcoin and various EVM blockchains
- Bitget Wallet plans to expand MPC wallet capabilities to all heterogeneous chains
Bitget Wallet has announced the launch of the first Multi-Party Computation (MPC) wallet solution supporting the TON mainnet. This development comes at a crucial time, aligning with the increasing popularity of Telegram mini-apps and potentially opening the door for millions of Web2 users to enter the Web3 space.
Bitget Wallet, a leading Web3 wallet solution in the TON ecosystem, has expanded its MPC solution to include support for both TON and Solana mainnets.
This addition complements its existing coverage of Bitcoin and various Ethereum Virtual Machine (EVM) blockchains.
The company has ambitious plans to further extend its MPC wallet capabilities to encompass all heterogeneous chains, demonstrating its commitment to enhancing product features and technology while balancing security and user experience.
The significance of this launch is underscored by the current landscape of MPC wallets, which primarily focus on EVM blockchains. However, as the crypto industry evolves, there’s a growing need for user-friendly wallet solutions that can support EVM heterogeneous chains like Solana and TON, particularly to facilitate mass adoption of cryptocurrencies.
TON, backed by Telegram with its impressive user base of nearly 1 billion active users, presents a unique opportunity to bridge the gap between Web2 and Web3. Recognizing this potential, Bitget Wallet has positioned itself at the forefront of this transition by launching the first MPC wallet solution compatible with the TON mainnet.
Alvin Kan, COO of Bitget Wallet, emphasized the company’s mission: “Bitget Wallet is dedicated to building crucial infrastructure, introducing groundbreaking products, and driving the mass adoption of crypto. As the leading wallet on the TON ecosystem, we aim to provide an unmatched entry point into Web3 for Web2 users.”
The MPC technology employed by Bitget Wallet offers a user-friendly approach to wallet creation and management.
Users can create and import wallets using familiar methods such as email, Google, or Apple ID, eliminating the need for complex authentication details like mnemonic phrases or private keys.
This approach significantly lowers the barrier to entry for Web2 users venturing into the crypto space.
To further support its mission of driving mass adoption, Bitget Wallet has announced the launch of TONNECT 2024, described as the biggest online event of the year dedicated to the TON ecosystem. This event aims to showcase innovative ways for users to interact with TON DApps and protocols, further breaking down the barriers between Web2 and Web3.
Bitget Wallet’s comprehensive range of features extends beyond just wallet functionality. With over 20 million users worldwide, it offers asset management, intelligent market data, swap trading, a launchpad for new projects, NFT support, and a token earning center.
The wallet currently supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies.
