Cardano developer Input | Output (IO) announced a strategic partnership with Brave Software, the company behind the privacy-first browser Brave and the integrated multi-chain Brave Wallet.
According to the press release, Brave Wallet will integrate Cardano. This will provide users with access to the Cardano blockchain directly from the wallet.
Notably, this direct access will enable specific activities, including engaging in governance, managing native assets, swapping with Cardano native tokens, and other on-chain transactions.
Furthermore, the announcement notes that the integration boosts Brave’s multi-chain capabilities beyond its support for networks like Ethereum and Solana. Per Brendan Eich, CEO and co-founder of Brave and the Basic Attention Token, the move “not only expands multi-chain access, but also enhances security, governance participation, and the overall user experience.”
“Our partnership with IO reflects Brave’s commitment to building a Web3 that maximizes interoperation for user choice, while giving them better tools to engage with decentralized ecosystems,” Eich says.
‘Protecting Privacy, Enabling Active Participation’
The announcement says that the partnership with Brave provides a foundation for “future innovation around engagement” with Cardano’s governance and Midnight, a blockchain developed by Shielded Technologies. The latter is described as an Input | Output spinout focused on confidential smart contracts and data protection.
Meanwhile, at the time of writing, ADA trades at $0.7937. It’s down 5% in a day. Also, it appreciated 20% in a week, 23% in a month, and 81% in a year.
The coin hit its all-time high of $3.09 in September 2021, decreasing by 74% since.
Earlier in May, Bitcoin bridging firm BitcoinOS successfully bridged BTC from the Bitcoin blockchain to Cardano and back again for the first time.
And this latest collaboration with Brave is “a natural fit,” says IO CEO Charles Hoskinson. “By bringing Cardano into Brave Wallet, we are not only expanding functionality for Cardano users in the age of on-chain governance, but also advancing a new standard for how blockchain networks should empower individuals—protecting privacy while enabling active, on-chain participation.”
Furthermore, Basic Attention Token (BAT), Brave’s reward token, now trades at $0.1606. It decreased by 5.4% in a day and by 30% in a month. It increased by 15% in a week and 24% in a month.
Furthermore, BAT reached its all-time high of $1.9 in November 2021, falling 91.5% since.
Brave Wallet is free and available on desktop, Android, and iOS, the team says. It added that Brave currently has over 85 million monthly active users.
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