Cardano’s Lace Wallet Integrates Bitcoin, Boosting Multichain Vision

Cardano (ADA) founder Charles Hoskinson announced the integration of Bitcoin (BTC) into the Lace wallet, marking a major milestone for Cardano’s multichain strategy. In a post on X, Hoskinson simply stated, “You can now use Bitcoin with Lace. Welcome home, Bitcoin.”

Developed by IOHK, the Lace wallet’s latest 1.22 update introduces Bitcoin Beta support, allowing users to store and manage BTC directly alongside their ADA assets. This integration, previously unavailable, symbolizes the Lace ecosystem’s expanding role in the broader blockchain space and highlights IOHK’s commitment to blockchain interoperability. Bitcoin is the first non-Cardano asset to be supported, paving the way for future multichain capabilities.

The update builds on the improvements from Lace 1.17.5, released in November 2024, which enhanced syncing speeds and transaction processing. Expectations are high that Lace 1.22 will further streamline user experience across multiple blockchains.

Cardano’s broader ecosystem is also seeing renewed optimism. Hoskinson recently confirmed that Cardano’s original scaling roadmap has been completed, fueling bullish sentiment. At press time, ADA traded at $0.7030, up 0.64% in the last 24 hours, with trading volume surging 67.57% to $28.53 billion.

The integration of Bitcoin into Lace not only strengthens Cardano’s multichain vision but could also drive increased adoption and value for ADA as the blockchain expands its interoperability footprint.