Web3 browser Opera has integrated with Ethereum Layer 2 exchange DeversiFi. The StarkWare-powered Layer 2 scaling solution makes Opera for Android the first mobile browser with an Ethereum Layer 2 wallet.
- The DeversiFi integration brings cheap and near instant transactions within its mobile browser wallet, making swaps 100 times quicker and more cost-effective.
- Opera said that the new solution will enable low-cost DeFi functionality to Opera’s millions of users with no personal data required via DeversiFi’s decentralised exchange.
- This move is a further step in Opera’s strategy to make the use of crypto more mainstream: In 2018, Opera introduced the first browser with a seamless built-in crypto wallet and dApp explorer, later integrating more blockchains including Bitcoin, Celo and others and introducing very easy fiat-to-crypto on-ramps in the browser and bringing crypto capabilities to its desktop and iOS browser.
- Opera announced the beta launch of their Crypto Browser Project in January 2022, a specialised Web3-browsing experience that would soon combine Layer 2 technologies.
- Jorgen Arnesen, Opera’s EVP Mobile, commented: “It’s part of Opera’s DNA to make accessing the web easier. We have been providing extreme data savings, privacy or ad blocking features to our users around the globe. Now it’s time to remove one of the key hurdles associated with the use of web3: exorbitant gas fees and slow network speeds.”
- “Through this integration, the everyday Opera user is able to seamlessly interact with DeFi on a user-friendly interface and experience a completely new way to interact with financial services,” stated DeversiFi co-founder and CEO Will Harborne.
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