Hexa Wallet Raises $1 Million For Bitcoin Self-Custody Solutions

• Hexa Wallet raised $1 cardinal successful a pre-seed investing circular for improvement of self-custody solutions.
• The wealth raised volition spell towards developers, designers and driving assemblage involvement.
• Bitcoin4India and Summer of Bitcoin partnered with Hexa to thrust assemblage initiatives for Bitcoin acquisition successful India and connected campuses.

Hexa Wallet, a UK based FinTech startup precocious raised $1 cardinal successful a pre-seed concern circular successful which the funds volition beryllium utilized to plan self-custody applications connected Bitcoin.

“Learning from our idiosyncratic feedback, we're good connected our mode to merchandise much apps to marque self-custody the default method to stack sats,” said Anant Tapadia, Founder and CEO of Hexa Wallet.

The squad astatine Hexa intends to usage the funds arsenic a means for uncovering developers, designers and driving assemblage improvement for their Bitcoin-only software. Summer of Bitcoin – an enactment focused connected introducing assemblage students to bitcoin and open-source improvement – and Bitcoin4India, a Indian Bitcoin-only unpaid group, volition spouse with Hexa Wallet to thrust assemblage innovation.

“Our imaginativeness is to marque it casual for Bitcoiners to gully their friends and household distant from the custodial crypto ‘solutions’ to bitcoin,” Tapadia continued. “Eventually starring to a monolithic domino effect. The fundraiser is simply a large validation and enabler of our vision."

The bosom of palmy Bitcoin bundle implementations tends to hinge connected self-custody solutions paired with the quality to reply the call-to-action felt by galore Bitcoiners which demands sovereignty of one’s ain wealth. Hexa Wallet means to harvester assemblage measures with sovereignty successful an effectual mode that allows wide adoption.

"We are committed to bringing Bitcoin to the masses... and the masses to bitcoin," stated Prasad Prabhakaran, Co-Founder and COO of Hexa Wallet.

Among the investing people are Brad Mills – who helped thrust the instauration of This Machine Greens – and Fulgur Ventures, a radical focused connected Bitcoin startups. Bank To The Future, a planetary online investing level with implicit $825 cardinal invested into bitcoin and different cryptocurrency initiatives, and Plan B Ventures, headed by Han Hua who works astatine Google for payments and cryptocurrency solutions, were crowdfunding partners successful this circular of Hexa’s fundraising.