Phantom Integrates BNB Chain, Expanding Multichain Support

Phantom, a leading self-custody wallet focused on Solana, has expanded its multichain support to include BNB Chain. This addition brings the total number of supported blockchains to 10.

The integration allows users to hold, send, receive, buy, and swap tokens on BNB Chain, with transaction fees paid in BNB. Users can also enable or disable supported networks through Phantom's settings.

This move gives Phantom users access to BNB Chain assets without requiring a separate wallet application for that network. It places BNB Chain alongside several other ecosystems that Phantom has added as the wallet has developed into a broader multichain platform.

BNB Chain seeks to reach Western audiences, with this integration being a first step towards expanding its presence in these markets. However, no specific figures or targets have been announced for this expansion.