MetaMask Integrates Bitcoin, Redefining Cryptocurrency Wallet Experience

Source: CoinTurk Original Title: MetaMask Integrates Bitcoin, Redefining Cryptocurrency Wallet Experience Original Link: https://en.coin-turk.com/metamask-integrates-bitcoin-redefining-cryptocurrency-wallet-experience/ MetaMask, a prominent Ethereum-based wallet application, has officially introduced support for Bitcoin, significantly broadening its functionality. This update allows users to directly purchase Bitcoin, execute BTC transfers through the network, and swap between EVM-compatible assets and Bitcoin. The update also supports SegWit addresses, with plans to integrate Taproot compatibility soon.

MetaMask Expands Multi-Blockchain Capabilities

Developed by Consensys, a major player in the Ethereum ecosystem, MetaMask has expedited its long-anticipated multi-Blockchain expansion plan. Bitcoin integration was included in its roadmap announced earlier this year, marking the second major step following Solana support. With the new version, users can now purchase BTC directly with fiat currency and use BTC integrated with EVM networks within MetaMask.

Currently, the wallet stands out with features like Polymarket connectivity, mUSD stablecoin integration, and Hyperliquid-powered perpetual futures. Moreover, the physical version of MetaMask Card has launched on the LINEA network, further expanding Consensys’s product chain within its ecosystem.

MetaMask’s team plans to enable advanced features and Layer-2 integrations on Bitcoin, alongside future Taproot address support. Consensys’s previous job postings seeking experience with Bitcoin ecosystem components like Lightning Network, Runes, Ordinals, and Stacks demonstrate the foundation of this vision.

Consensys’ Expanding Ecosystem

MetaMask’s expanding service portfolio aligns with Consensys’s pre-IPO growth strategy. Since its inception in 2014, the company has been rolling out comprehensive updates featuring incentive systems for its user base. Announced in October, the “MASK Rewards” program introduced a $30 million LINEA reward pool, billed as one of Blockchain’s largest reward programs.

Joseph Lubin, Consensys CEO, highlighted the anticipated MASK coin launch as a pivotal element in the company’s decentralized finance strategy. According to recent statements from the company, users conducting BTC swaps through MetaMask have already begun earning MetaMask Rewards points.

These developments signal MetaMask’s rapid evolution from being Ethereum-centric to becoming a multi-Blockchain, universal cryptocurrency bridge. The integration of Bitcoin stands as one of the most critical milestones in this transformation.