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Portal Launches Cross-Chain Gaming Hub, Wallet

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HomeUncategorizedNewsUniswap Labs Launches Wallet Extension for 11 Blockchains

Uniswap Labs Launches Wallet Extension for 11 Blockchains

Uniswap Labs launches its wallet browser extension on Google Chrome after a six-month wait, with over 793,000 users on the waitlist.

Users of the Uniswap wallet can now access the storage solution on a Google-powered browser, a feature that is similar to other self-custodial tools such as MetaMask.

After a delay of over six months, Uniswap Labs has granted public access to its wallet browser extension on Google Chrome. The waitlist was populated by more than 793,000 users after the tool was initially introduced in February.

Users can conduct on-chain activities, such as token transfers, through the wallet browser extension on 11 supported networks, according to Uniswap Labs, the organization responsible for Ethereum’s largest decentralized exchange (DEX).

The company’s current wallet offerings include Arbitrum, Avalanche, Base, Blast, BNB Chain, Celo, Ethereum, Optimism, Polygon, Zora Network, and ZKsync. It is unclear whether the company will expand its wallet support to other blockchains.

Currently, the DEX constructor and wallet provider are operating two solutions that are in high demand among users.

Uniswap’s DEX is the premier decentralized trading venue, with a daily trading volume of $2.4 billion and a total value of $5.6 billion. Additionally, the crypto storage option has nearly one million users.

This year, wallet providers are introducing new features and offerings as blockchain technology and cryptocurrencies continue to dominate the global spotlight.

Coinbase introduced a unified platform on July 11 to simplify on-chain investment by administering Coinbase Wallets and on-chain portfolios.

Block, founded by Jack Dorsey, also collaborated with MoonPay, a payment company, to facilitate Bitcoin (BTC) purchases through popular payment methods.

MetaMask has implemented Blockaid security to enhance threat prevention and has introduced direct validator staking, which enables users to operate their Ethereum validator nodes and receive rewards.

The developments indicate a growing competition among wallet providers to develop the most effective features in order to attract the next billion web3 users and spearhead the movement toward mass adoption.