Crypto Wallet BitKeep Raises $15M at $100M Valuation

2 years ago

Brandy covers crypto-related task superior deals for CoinDesk.

Singapore-based crypto wallet BitKeep announced Wednesday the close of a $15 million Series A circular astatine a $100 cardinal post-money valuation. The backing volition assistance BitKeep make a cross-chain decentralized autonomous enactment (DAO) to springiness ecosystem ownership to wallet users.

  • Dragonfly Capital led the circular with information from KuCoin Ventures, A&T Capital, Foresight Ventures, SevenX, Matrixpor, Bixin Capital, Danhua Capital, Peak Capital and YM Capital.

  • In March, BitKeep announced that its multi-chain wallet had reached measurement of 5 cardinal transactions with much than 150,000 regular progressive users. The wallet supports Ethereum, Solana, BNB Chain, and Polkadot, among different blockchains.

  • “With its broad product, Bitkeep’s adjacent measurement is to service a much planetary idiosyncratic basal and is poised to go 1 of the starring Web 3.0 gateways,” said Dragonfly Capital spouse Mia Deng successful the property release.

  • The concern marks the largest stake connected a wallet institution by Dragonfly Capital, a task superior steadfast with astir $3 cardinal successful assets nether management, said Deng. The steadfast antecedently participated successful the $200 cardinal backing circular for MetaMask proprietor ConsenSys.

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Brandy covers crypto-related task superior deals for CoinDesk.

Brandy covers crypto-related task superior deals for CoinDesk.


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