Brave Launches Integrated Wallet Support

Brave Browser received an update this morning enabling the use of its native wallet, for years the browser routed transactions through third-party wallets such as MetaMask.

Brave Wallet allows for portfolio tracking, token purchases fulfilled through Wyre, NFT storage, and swaps of a variety of tokens. The wallet will be self custody, meaning users hold their private keys.

The Browser currently boasts over 42 million monthly users, making the addition of a wallet a no-brainer for the company. Brave is a browser that rewards users for their traffic, by spitting their ad revenue and paying out the user’s share in BAT, the browser’s native currency.

Most interesting from the announcement is the trade function, its availability will now open up a healthy revenue stream for Brave. It plans to take .0875% of all the swaps initiated on the wallet, matching MetaMak’s swap fee.

An offshoot of the Google Chromium browser, Brave’s open-source nature is the same tactic they’re using to approach the wallet. In the press release, it revealed the wallets open MPL license, meaning that developers can view the wallets code and iterate on it

Solana integration was introduced to Brave last week, with the reveal that SOL's own wallet will be added to the browser sometime in 2022.

Brendan Eich CEO of Brave wrote in the post “With more and more users and creators requiring tools for fast and affordable access to the decentralized Web, this integration will seamlessly pave the way for the next billion crypto users to harness applications and tokens.”