The Cardano light wallet Lace has integrated the Bitcoin blockchain in its latest push for multichain expansion. The non-custodial wallet said it plans to add more networks in the near future to bring value to its users. As revealed in its announcement, the Cardano wallet said this move will also help it bring crypto users all they need under one platform.
The Lace Wallet and Bitcoin Integration
Lace Wallet described the Bitcoin blockchain as the Foundation of the crypto industry. However, it highlighted that BTC’s Decentralized Finance (DeFi) ecosystem is still in its early stages.
Alongside the growing Bitcoin Layer 2 solutions, Lace sees its multichain shift as a good move from which to benefit. The wallet said its users can manage Bitcoin on its platform. In addition, it highlighted that users will be exposed to emerging innovations on the Bitcoin network.
According to Cardano founder Charles Hoskinson, Bitcoin became an easy choice for the wallet to integrate. He noted that t
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