Phantom Acquires Bitski, Brings Embedded Wallets to Solana

Embedded Wallets for Mass Adoption

Phantom aims to simplify the onboarding process for new users by eliminating the need to manage complex seed phrases and lower barriers to entry into the crypto market by allowing users to sign up and log in using only their email addresses, Apple, Google, or X accounts without compromising security.

Brandon Millman, CEO of Phantom, celebrated the acquisition saying, “By bringing the Bitski team to Phantom, we’re not just adding technological expertise, we’re aligning with a team that shares a common vision that users should be able to sign into web3 apps as easily as any web2 app.”

Raj Gokal, Co-founder of Solana, expressed his excitement and commented, “This move is going to make it so much easier for people to onboard to dApps and navigate the Solana ecosystem. Phantom is doing great work to simplify things and improve the overall user experience, and we couldn’t be happier to support their efforts.”

Donnie Dinch, Co-founder and CEO at Bitski, also shared via Bitski’s official website, “This is a big step towards a future where ownership is a standard part of the internet. We’re thrilled to continue our mission of making ownership accessible to everyone.”

Phantom is further seeking collaboration from developers on the Solana blockchain to advance embedded wallets and onboarding solutions. Developers interested in partnerships can reach out to Phantom to help grow the ecosystem.