Trust Machines Launches Flagship Wallet, Leather, to Bridge Bitcoin Network and Layer 2 Solutions
Trust Machines, a web3 firm focused on building a Bitcoin ecosystem, has announced the launch of its flagship wallet, Leather. This follows the acquisition and rebranding of Hiro Wallet. The revamped wallet aims to create a bridge between the Bitcoin network and emerging Layer 2 solutions.
Key points:
– Trust Machines CEO, Muneeb Ali, emphasizes the importance of making Bitcoin and Bitcoin Layer 2 solutions simple and intuitive to use in order to expand its user base.
– Leather is a self-custodied, open-source, and audited wallet that allows users to secure and manage Bitcoin, Stacks L2, and other Bitcoin-secured assets.
– The wallet supports various features and mechanisms including Lightning Network, Stacking, and connection to Bitcoin NFT marketplaces and decentralized exchanges.
– Prior to the rebrand, Hiro Wallet had over 375,000 total installations and more than 100,000 monthly active users.
– The acquisition and rebranding of Hiro Wallet as Leather will accelerate efforts to onboard millions of people into Web3 apps powered by Bitcoin and Bitcoin layers.
Closing Thoughts
Trust Machines’ launch of Leather is a significant step towards simplifying the use of Bitcoin and its Layer 2 solutions. By providing a self-custodied and secure wallet that supports various Bitcoin-secured assets and integrates with numerous apps and platforms, Trust Machines aims to drive the global transition to a digital economy based on Bitcoin. With the acquisition of Hiro Wallet and the launch of Leather, Trust Machines is well-positioned to onboard millions of users into the world of Web3 and decentralized finance.
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