On January 19, 2024, Ronin announced a significant update to its mobile crypto wallet across iOS and Android platforms, particularly concerning multichain support.
Leading the updates, Ronin now offers seamless accessibility to the Ethereum mainnet, Polygon, and Binance’s BNB Chain. The rollout includes an integrated in-app web browser and refined visual design for greater clarity in token and NFT interactions.
Enhanced Security: Multi-Party Computation
A noteworthy addition is Ronin Wallet’s optional multi-party computation (MPC) security feature. This feature empowers users to divide their wallet login credentials, requiring multiple login fragments instead of a single private key. When combined with social login, MPC can be utilized across multiple Ronin-based games, eliminating the need for separate wallets.
Growing Competition in Gaming Wallets
Ronin’s advancements are amidst a competitive landscape as other gaming wallets, such as Magic Eden, Sequence, and Immutable, gain prominence. Crypto companies continually seek innovative features to attract and retain users.
In December 2023, Pixels, a social farming MMORPG, experienced a surge in activity upon its integration with Ronin. Subsequently, Ronin Wallet introduced support for Binance Pay, enabling users to exchange cryptocurrencies for Axie Infinity tokens.
Notably, this update marks a significant milestone in the evolution of Ronin Wallet, offering users enhanced security and accessibility.