Brave Browser Launches Built-In Crypto Wallet – CoinDesk

Included in a Tuesday update, the native wallet deepens Brave’s foray into crypto self-custody after years of relegating that to third-party wallet extensions like MetaMask. CoinDesk tested a beta version of the wallet on Sunday night.

Brave Wallet allows for token purchases through Wyre, tracks portfolio performance, swaps a wide range of tokens and stores non-fungible tokens (NFT). It is self-custody, meaning wallet users hold their private keys. It supports all Ethereum Virtual Machine-compatible tokens, Brave said.

Adding a native wallet is an obvious play for crypto-conscious Brave Software, Inc., which says it has 42 million monthly active users. The browser markets itself to crypto users and companies – the homepage links to four exchanges – and its signature BAT token rewards program splits a fraction of digital advertising revenue with users.

Hosting a trade function opens new revenue streams for Brave. It plans to take 0.875% of all token swaps initiated through the…

Read Full Story: https://www.coindesk.com/business/2021/11/16/brave-browser-launches-built-in-crypto-wallet/

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