EddieJayonCrypto

 24 Jun 25

tl;dr

Cardano co-founder Charles Hoskinson confirmed that Bitcoin is now officially supported on the Lace Wallet. Originally launched in 2023, Lace began multi-chain support in April with version 1.22, allowing beta testers to manage BTC on a test network. With version 1.24, Bitcoin support went live afte...

Cardano co-founder Charles Hoskinson has confirmed that Bitcoin is now officially supported on the Lace Wallet following the release of version 1.24 and a successful audit. The Lace Wallet, initially launched in 2023, began its multi-chain support journey in April with the 1.22 release, which allowed beta users to manage Bitcoin on a testnet.

With the recent update to version 1.24, full Bitcoin support is live for all users, marking a significant milestone for the wallet. Future updates are set to expand the wallet’s capabilities further, including the addition of XRP token support. Alongside token support enhancements, the wallet now also features delegation and on-chain voting, enhancing governance and user engagement features within the ecosystem.

This multi-chain approach by Lace reflects a growing trend in the cryptocurrency space to integrate diverse assets and functionalities into single, user-friendly wallets. As Bitcoin and XRP support rolls out, investors and users can expect a more versatile and secure experience, rooted in Cardano’s innovative technology.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 27 Jun 25
 27 Jun 25
 27 Jun 25