Phantom acquires Bitski to accelerate crypto adoption

We’re acquiring Bitski, a leading provider of embedded wallets.

With this acquisition, the highly-experienced Bitski team will be joining us to bring embedded wallets to Solana, make onboarding easier for users and developers, and unlock new, exciting use cases.

Why Bitski

Founded in 2016 by co-founders Donnie Dinch, Julian Tescher, and Patrick Tescher, Bitski is a leading provider of embedded wallets.

With nearly a decade of experience, the team are pioneers and experts with a proven track record in web3. Since launch, Bitski has built developer-friendly web3 tools and worked with major brands such as Adidas, Major League Soccer (MLS), and WWE—all while being backed by notable investors, such as Andreessen Horowitz and Coinbase Ventures.

So, what does Bitski do? Through its embedded wallet technology and infrastructure, Bitski allows developers to create rich wallet experiences and users to sign-in to apps using their email address or Apple, Google, or X accounts.

As we got to know the company, team, and product better, we knew it was the perfect strategic partner to help us pave the way for mainstream adoption.

"We’re thrilled to welcome Bitski to the Phantom family,” said Brandon Millman, CEO of Phantom. “By bringing the Bitski team to Phantom, we’re not just adding technological expertise, we’re aligning with a team that shares a common vision that users should be able to sign into web3 apps as easily as any web2 app”.

Curated: Helium.city