Brave Browser Launches Built-In Crypto Wallet

The crypto-centric browser company is angling to capture some of MetaMask’s market share.

AccessTimeIconNov 16, 2021 at 4:59 p.m. UTC
Updated May 11, 2023 at 7:09 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Brave browser now has a built-in crypto wallet.

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.

  • Privacy Bowser Brave Launching Built-In Crypto Wallet
    Privacy Bowser Brave Launching Built-In Crypto Wallet
  • Privacy Browser Brave Integrates .Crypto Blockchain Domains
    Privacy Browser Brave Integrates .Crypto Blockchain Domains
  • Brave Is Creating a Privacy-Focused Google Competitor
    Brave Is Creating a Privacy-Focused Google Competitor
  • Brave ‘Bug’ Leaks Users’ Dark Web Browsing Data
    Brave ‘Bug’ Leaks Users’ Dark Web Browsing Data
  • 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 wallet interface, matching MetaMask’s swap fee, a spokesperson told CoinDesk.

    An open-source offshoot of Google’s Chromium, Brave is treating its new wallet with the same “open web” zeal. A press release said Brave Wallet carries an open MPL license. Effectively, that means developers can view the wallet’s source code and iterate on it.

    Open-sourcing places Brave Wallet at odds with a soon-to-be competitor: the Solana ecosystem’s Phantom wallet. That top project – it services the vast majority of Solana network coins – keeps its code under wraps. Brave plans to add Solana support in early 2022.

    Until then, the wallet is limiting itself to Ethereum layer 2 companion systems and EVM-compatible chains like Binance Smart Chain, Avalanche and others.


    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Danny Nelson

    Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.