Definition ∞ A multi-chain wallet is a digital application that manages cryptocurrencies and digital assets across several blockchain networks. This type of wallet provides users with a unified interface to store, send, and receive assets residing on different, independent blockchains. It eliminates the need for separate wallets for each network, thereby simplifying asset management and enhancing interoperability within the broader digital asset landscape. Such wallets are crucial for navigating the increasingly interconnected blockchain ecosystem.
Context ∞ The expansion of the multi-chain ecosystem has elevated the importance of multi-chain wallets, making them a standard feature for many digital asset users. Developers continually work to expand the range of supported networks and improve user experience, including features like cross-chain swaps. The focus remains on enhancing security and seamless interaction across diverse blockchain protocols to accommodate growing user demand.