Following the introduction of a self-custody wallet towards the end of the previous year, Uphold has announced the addition of support for Bitcoin, as stated by the company.
Uphold CEO Simon McLoughlin emphasized the familiar challenges encountered by users in managing their Bitcoin keys and wallets. He further noted the increasing necessity for heightened security coupled with trading convenience as ownership of Bitcoin continues to expand.
Initially, when Uphold unveiled the new wallet, Vault, it exclusively supported the XRP token. The company introduced the wallet in beta mode initially, with plans for a full rollout scheduled for the early part of this year.
Established in 2015, Uphold boasts a user base exceeding 10 million customers across more than 140 countries, according to company data.
