Bitso, a leading digital asset platform in Latin America, has unveiled its new Bitso Web3 Wallet, set to be available to users on May 13.

This innovative digital wallet is designed to facilitate interactions with Web3 applications and manage a variety of digital assets, including NFTs. At its inception, the wallet will support five major networks: Ethereum, Polygon, Arbitrum, Base, and Optimism.

CEO Daniel Vogel expressed his enthusiasm for the wallet, stating it marks a significant step towards the future of the industry by broadening user access to various blockchain opportunities. The wallet allows users to hold, exchange tokens, connect with decentralized applications (dApps), and contribute to a decentralized web.

Bitso’s introduction of the Web3 Wallet aligns with its vision of a blockchain-enhanced digital ecosystem, which it believes will grow significantly in value, predicting the global market for Web3 could reach $6.63 billion in 2024 and expand to $177.58 billion by 2033.

Currently, Bitso serves over 8 million individuals and 1,700 institutional clients, with a presence in 35 countries and a workforce of 500.