Web3 Wallet Bitski Releases New Mobile Wallet and Browser Extension

The company’s goal is to onboard more people to Web3 and NFTs with new user-friendly experiences that also prioritize security.

AccessTimeIconFeb 22, 2023 at 1:00 p.m. UTC
Updated Feb 22, 2023 at 3:54 p.m. UTC
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Leading Web3 wallet Bitski is rolling out an iOS-compatible mobile application and browser extension to help onboard users to Web3 and non-fungible token (NFT) custody, the company told CoinDesk Wednesday.

The two interfaces showcase features to help facilitate an efficient user experience, while prioritizing safety and security. The update includes nine upgraded features including a wallet activity feed, self-custody support and a decentralized application (dapp) browser.

The aim was to provide people with a friendly experience that also speaks to more experienced NFT collectors and creators with tools like NFT floor price alerts and the ability to see all your NFTs and tokens in your wallet.

Donnie Dinch, CEO and founder of Bitski, told CoinDesk he hopes the latest updates to its wallet will help onboard users to Web3 through its advanced, yet digestible, user interface.

“The reason we're excited about NFTs is less about the technology behind it per se and more about the user experiences and enabling this idea of digital ownership,” said Dinch. “This kind of touches all of the features that we've shipped, which is really to do these things in a human readable way in a way that allows people to have a safe experience navigating Web3.”

One area of focus for Bitski was to focus on removing barriers to Web3 wallets and self-custody such as complicated seed phrases or the need to be able to decipher on-chain data. The activity feed is something Dinch is “super excited about” and was developed so that non-crypto natives can see on-chain transactions in a digestible, clear manner that's intuitive.

While Bitski currently supports Ethereum and sidechain Polygon, Dinch told CoinDesk that the wallet will likely support additional Ethereum Virtual Machine (EVM) compatible chains in the future.

Bitski gained popularity in November 2019 when the application raised $1.8 million in a seed round led by the Winklevoss twins, crypto exchange Coinbase and investment fund Galaxy Digital. In the wake of the NFT hype in May 2021, the company raised $19 million in Series A from rapper Jay-Z and crypto venture capital firm Andreessen Horowitz (a16z).

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Cam Thompson

Cam Thompson was a news reporter at CoinDesk.


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