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  • Cardano Expands Lace Wallet with Bitcoin Integration
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Cardano Expands Lace Wallet with Bitcoin Integration

Cal Evans 28 April 2025
Cardano ADA holding
  • Cardano has integrated Bitcoin into its Lace wallet, marking a major step toward its multichain vision and boosting blockchain interoperability.
  • This development, along with the completion of Cardano’s original scaling roadmap, has sparked optimism in the ADA market, reflected by a rise in price and trading volume.

In a groundbreaking move for blockchain interoperability, Cardano has officially welcomed Bitcoin integration into its Lace wallet. Announced by Cardano founder Charles Hoskinson on X, the update marks a significant leap toward a multichain future for the Cardano ecosystem.

🚀 Lace 1.22 is here! 🚀

This release is a big one!

₿ Bitcoin Beta Launch – That’s right. Lace is going multichain, starting with Bitcoin. Users in our beta program can now store and manage BTC directly from Lace.

🛠️ DRep Identification: We've corrected an issue where some…

— lace.io (@lace_io) April 28, 2025

“You can now use Bitcoin with Lace. Welcome home, Bitcoin,” Hoskinson shared, signaling a warm embrace of the leading digital currency.

Lace Wallet: Expanding Horizons Beyond Cardano

Developed by IOHK, the Lace wallet has been a critical pillar in Cardano’s infrastructure. With the launch of Lace version 1.22, users can now store and manage Bitcoin (BTC) directly within the wallet. This new Bitcoin Beta support was previously unavailable and represents a major upgrade not only for Lace but for Cardano’s broader multichain aspirations.

Bitcoin is just the first of many planned blockchain integrations, reinforcing Cardano’s vision of enhancing interoperability across the crypto space. Future updates are expected to widen this cross-chain functionality even further.

The last major Lace update in November 2024 (version 1.17.5) improved syncing speeds and transaction data fetching. Similarly, users anticipate smoother experiences and enhanced capabilities with the latest 1.22 release.

ADA Market Sentiment Turns Positive

The timing of this update couldn’t be better for Cardano supporters. Hoskinson recently announced the successful completion of Cardano’s original scaling roadmap—a development that has fueled optimism within the community.

At the time of writing, ADA is trading at $0.7030, reflecting a 0.64% increase over the past 24 hours. Trading volume has surged by 67.57% to reach $28.53 billion, hinting at growing investor interest.

With Bitcoin now part of its ecosystem, Cardano stands poised to not only strengthen its DeFi capabilities but also attract a broader user base. The multichain era for Cardano has officially begun—and it starts with Bitcoin.

DISCLAIMER:
The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

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