Uphold adding Bitcoin support to its new Vault wallet

Quick Take

  • Uphold’s new self-custody wallet Vault, which initially supported XRP token, is adding support for Bitcoin. 

After launching a self-custody wallet at the end of last year, Uphold is now adding Bitcoin BTC -3.52% support, the company said in a statement.

"Many of us are familiar with the challenges users face in managing their bitcoin keys and
wallets,” said Uphold CEO Simon McLoughlin in a press statement. “As bitcoin ownership expands, the need for enhanced security combined with trading convenience becomes ever-more apparent."

When Uphold announced the new wallet, Vault, it initially supported the XRP +1.86% token. At the time of the launch, the company said it was first offering the wallet in beta, with a full rollout slated for sometime during the early part of this year.

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Launched in 2015, Uphold serves over 10 million customers in more than 140 countries, according to the company.


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