Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi

On Wednesday, the multichain wallet Bitkeep announced it raised $30 cardinal from the crypto derivatives level Bitget. Bitkeep present has an wide valuation of $300 million, with goals aimed astatine strengthening the links betwixt decentralized concern (defi) and centralized concern (cefi).

Bitget Invests $30 Million successful Bitkeep; Wallet Firm Is Now Valued astatine $300M

Crypto derivatives speech Bitget has announced that it has invested $30 cardinal successful the multichain wallet institution Bitkeep, making it the startup’s controlling stakeholder. Bitget elaborate connected Wednesday that the wallet volition summation entree to the exchange’s exertion and information features. Bitkeep is simply a multichain wallet that allows users to link to assorted defi applications and non-fungible token (NFT) projects.

Bitkeep wallet users tin entree blockchains similar Bitcoin (BTC), Solana (SOL), Fantom (FTM), Polygon (MATIC), Tron (TRX), Heco (HT), Ethereum (ETH), Binance Smart Chain (BSC), and OEC (OKT). The wallet managed to rise $15 cardinal successful May 2022 successful a concern circular led by Dragonfly Capital with information from Kucoin Ventures, A&T Capital, Foresight Ventures, Sevenx, Matrixport, Bixin Capital, Danhua Capital, Peak Capital, and YM Capital.

The latest $30 cardinal injection from Bitget gives Bitkeep a post-capital valuation of $300 million. “This determination is simply a win-win prime for Bitget and Bitkeep and facilitates collaborative efforts successful the decentralized abstraction and beyond,” Gracy Chen, managing manager astatine Bitget, said. “We are not lone delighted to supply the squad astatine Bitkeep with the indispensable enactment to reenforce the information and stableness of its offering services, but besides excited to person specified an established manufacture subordinate arsenic portion of our increasing ecosystem.”

Bitkeep claims to person “more than 8 cardinal users worldwide, covering 168 countries successful North America, Europe, and Asia.” Besides the aforementioned networks, the wallet supports 80 antithetic blockchains and 250,000 antithetic types of crypto assets. The wallet competes with the likes of defi and Web3 wallets similar Metamask, which has implicit 10 cardinal progressive users. Other Bitkeep competitors see wallets similar Defi Swap, Zengo, Safepal, and Trust Wallet.

What bash you deliberation astir Bitget’s concern successful Bitkeep and however bash you deliberation it volition interaction the multichain wallet industry? Share your thoughts astir this taxable successful the comments conception below.

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