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Uphold adding Bitcoin support to its new Vault wallet

The BlockThe Block2024/04/09 15:10
By:The Block

Quick Take Uphold’s new self-custody wallet Vault, which initially supported XRP token, is adding support for Bitcoin.

After launching a self-custody wallet at the end of last year, Uphold is now adding Bitcoin BTC -3.71% support, the company said in a statement.

"Many of us are familiar with the challenges users face in managing their bitcoin keys and
wallets,” said Uphold CEO Simon McLoughlin in a press statement. “As bitcoin ownership expands, the need for enhanced security combined with trading convenience becomes ever-more apparent."

When Uphold announced the new wallet , Vault, it initially supported the XRP +0.061% token. At the time of the launch, the company said it was first offering the wallet in beta, with a full rollout slated for sometime during the early part of this year.

Launched in 2015, Uphold serves over 10 million customers in more than 140 countries, according to the company.


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