‘Multichain future is very clear’ — Metamask to support all tokens via Snaps

cointelegraph.com:

Metamask Snaps aims to facilitate a ‘multichain future,’ allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.

Details of the latest in-development addition to Metamask’s growing ecosystem were unpacked at the StarkWare Sessions event in Tel Aviv, Israel, in Feb. 2023. Speaking to Cointelegraph Magazine editor Andrew Fenton, Alex Jupiter, the senior product manager at Metamask Snaps, revealed details about potential blockchain synergies.

The last 18 months have seen the development of Snaps speed up after the success of Metamask Swaps, which brought token swap functionality to the service’s native browser extension. As Jupiter explained, interoperability is becoming increasingly important in the blockchain space:

Snaps aims to create a permissionless ecosystem where developers can extend Metamask in any way they want. Jupiter says the team is trying to create an environment where developers can use various application programming interfaces (APIs) from different blockchains to bring additional options to a user’s core wallet experience.

Related: The blue fox: DeFi’s rise and the birth of Metamask Institutional

MetaMask describes Snaps as a system that allows developers to extend the capabilities of the wallet extension. A snap is a program that runs in an isolated environment that can customize a user’s wallet experience.

The possibilities are extensive, with a snap allowing the addition of new APIs to MetaMask, multi-blockchain protocol support as well as the ability to modify existing MetaMask functionality using external APIs. According to Jupiter, Snaps should be able to integrate with most blockchain protocols:

As Jupiter explains, MetaMask has already created a