After launching a self-custody wallet at the end of last year, Uphold is now adding Bitcoin BTC
-2.41%
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
-1.16%
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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RT Watson is a senior reporter at The Block who covers a wide array of topics including U.S.-based companies, blockchain gaming and NFTs. Formerly covered entertainment at The Wall Street Journal, where he wrote about Disney, Netflix, Warner Bros. and the creator economy while focusing primarily on technological disruption across media. Previous to that he covered corporate, economic and political news in Brazil while at Bloomberg. RT has interviewed a diverse cast of characters including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers and convicted criminals. Holds a master’s degree in Digital Sociology.