ShapeShift cryptocurrency exchange acquires hardware wallet company KeepKey Both companies released confirmation of the deal today.

ShapeShift cryptocurrency exchange acquires hardware wallet company KeepKey

ShapeShift cryptocurrency exchange has acquired hardware Bitcoin wallet company KeepKey. Both companies posted deal confirmations today.

ShapeShift will continue to use the KeepKey brand for further hardware wallet releases and has no plans to make any personnel changes. KeepKey was originally integrated with ShapeShift using the exchange API. This allowed wallet users to change cryptocurrencies through the exchange right in the wallet..

“This partnership will not only ensure the success of the KeepKey brand and product line in the future, but will also allow the ShapeShift team to embark on an ongoing effort to develop the best technology and security for crypto holders,” says KeepKey CTO Ken Holder..

In March this year, ShapeShift successfully completed its A round of financing, during which it was able to raise $ 10.4 million. The main investor was Earlybird Venture Capital.

At the end of July, KeepKey announced the end of support for the MultiBit bitcoin wallet, which it bought in May 2016..

Similar articles

• Binance is preparing to acquire a stake in a startup Swipe to issue its own payment cards Binance is preparing to close a deal to acquire a majority stake in a cryptocurrency startup Swipe.io, writes The Block. This step will contribute to the implementation of the exchange's plan to issue its own payment cards..

  Binance prepares to acquire stake in Swipe startup to issue its own payment cards Binance prepares to close acquisition of majority...

• Binance Adds Bitcoin Cash and Stellar Margin Trading One of the largest cryptocurrency exchanges, Binance, continues to expand the list of assets available for margin trading on its platform. This Thursday, the company announced that from now on, its clients will be able to trade with the leverage of Bitcoin Cash and Stellar cryptocurrencies..

  Binance Adds Bitcoin Cash and Stellar Margin Trading Capability One of the largest cryptocurrency exchanges, Binance, continues to expand its list...

• SEC Delays Decision On Bitwise Bitcoin ETF The US Securities and Exchange Commission has once again postponed the decision on Bitwise's Bitcoin ETF, CoinDesk writes this Tuesday.

  SEC Delayed Decision On Bitwise Bitcoin ETF The US Securities and Exchange Commission has once again postponed the decision on...