Brave Integrates Bitcoin Support for Its 60 Million Users

Brave, the privacy-centric web browser, has rolled out an update (version 1.63) for its desktop users, introducing support for Native SegWit Bitcoin wallets within its integrated Brave Wallet. This update enables Brave users to send and receive from all types of Bitcoin addresses, including Legacy, Nested SegWit, Native SegWit, and Taproot, ensuring compatibility with third-party wallets.

This move comes amidst increasing institutional adoption of Bitcoin, particularly following the recent approval of several Bitcoin ETFs in the United States. Bitcoin, which continues to establish itself as a resilient asset class, is expanding its utility beyond peer-to-peer payments to encompass savings functions and serve as a foundation for innovations in areas such as NFTs and DeFi.

Looking ahead, Brave has announced plans to introduce additional features to enhance privacy within Brave Wallet. Furthermore, the company intends to offer users the ability to store BRC-20 and Ordinals tokens in Brave Wallet, with these features expected to be available across all desktop and mobile versions of the browser later this year.