Bitcoin Company Casa Raises $21M, Launches API For Third-Party Integrations

• Casa has launched a caller API that volition alteration third-party firms to interact with Casa wallets portion users support afloat power of their backstage keys.
• The institution besides announced it had raised $21 cardinal successful a bid A backing circular to assistance it further make its security-focused Bitcoin products and services.
• Casa raised $4 cardinal successful effect backing successful February.

Bitcoin institution Casa has announced a caller exertion programming interface (API) to integrate wallets leveraging its level with third-party fiscal products and services, per a property merchandise sent to Bitcoin Magazine.

The API volition let developers of third-party organizations to integrate with Casa wallets portion allowing users to support afloat power implicit their backstage keys. Users volition beryllium capable to corroborate fiscal accusation for situations including taking retired loans, managing status investments and automatically depositing bitcoin to their Casa self-custody setup.

“Bitcoin and accepted fiscal services person a shared destiny: they are progressively converging, and we’re seeing hugely accrued request for solutions that necktie the 2 ecosystems together,” said Casa co-founder and CEO Nick Neuman.

Many of the concerns wrong the bitcoin ecosystem revolve astir due cardinal management, the signifier of securing the keys to one's bitcoin funds and managing its backups.

When users interact with platforms similar bitcoin exchanges, custody of those keys is typically surrendered to the exchange, meaning users suffer power of their coins.

“That’s wherefore we created Casa API, which makes it casual for trusted organizations to commencement integrating with Casa customers’ wallets – each portion the lawsuit continues to clasp the keys,” said Neuman.

The announcement of the caller API is paired with a $21 cardinal bid A rise led by Acrew Capital. Positive Sum Ventures, Naval Ravikant, Scott Belsky, Avon Ventures, Stillmark, Tioga Capital, Castle Island Ventures and Lerer Hippeau besides participated successful the round.

“Our investors volition play a important relation successful driving the planetary self-sovereignty gyration successful the years to come, ensuring we proceed to thrust the manufacture guardant by delivering caller solutions — similar Casa API — that adhd to the richness, inferior and, supra all, information of Bitcoin,” said Neuman.