Multichain wallet BitKeep raises $30M at $300M valuation
On Mar. 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment into multi-chain wallet BitKeep at a $300 million valuation. The deal will see Bitget become the controlling shareholder of BitKeep and allow the latter to "access to the exchange's proven technology and security capabilities in the exchange domain, thus helping it improve the stability and security of its services." Gracy Chen, managing director at Bitget, commented:
Meanwhile, Moka Han, chief operating officer at BitKeep, added:
BitKeep is a self-custody wallet popular among users in the Asia-Pacific region, although it also has a substantial global presence. Aside from providing access to decentralized finance protocols and non-fungible tokens, the wallet is known for its ability to process cross-chain swaps of digital assets between different blockchains within the application itself. The firm says BitKeep Wallet has surpassed 8 million users and supports over 250,000 cryptocurrencies across 80 blockchains. Previously in May 2022, BitKeep raised $15 million at a valuation of $100 million, with Dragonfly Capital leading the investment.
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