Microsoft is reportedly developing a non-custodial Ethereum wallet that will be integrated into its Edge browser, which is based on the chromium platform.
While the company has not disclosed when this feature will be rolled out to the public, the wallet is currently being tested, and Microsoft is collecting feedback from users.
The wallet will allow users to store their digital assets, including coins like ETH and non-fungible tokens (NFTs). Microsoft’s move into the cryptocurrency space demonstrates its interest in exploring blockchain technology.
The company plans to launch a “hot” wallet, which will allow users to have full control over their assets, much like popular wallets such as Coinbase Wallet and MetaMask. The wallet will be embedded in Edge, making it easy to use without installing any extensions.
Microsoft has emphasized that this is a non-custodial wallet, meaning that users will have complete control over their funds and will be responsible for any losses incurred.
The company recently partnered with Ankr to provide solution to businesses that need to access blockchain data through a reliable node hosting service provider.