BitKeep, a decentralised multi-chain wallet, has secured $30m in investment from crypto copy trading platform Bitget.
Founded in 2018, BitKeep provides uninterrupted and reliable non-custodial wallet, swap and NFT marketplace services to its user base of more than 8 million across 168 countries. The wallet supports 90 mainnet networks such as Bitcoin, Ethereum, BNB Chain, Polygon, and Solana, and over 250,000 types of assets across more than 20,000 dApps.
The partnership with Bitget will give the wallet 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.
By integrating BitKeep’s established 8 million user base, Bitget will receive access to an entirely new audience of potential clients. This is one of Bitget’s crucial moves towards Web3 which foresees linking CeFi and DeFi, transforming the platform from a leading contract exchange to a comprehensive and holistic exchange with its own ecosystem.
According to Bitget, the investment will enable the exchange to extend its range of centralised crypto services into a decentralised ecosystem.
The sister companies will leverage their respective offerings and collaborate on linking CeFi and DeFi. The investment involves the merger of BitKeep Wallet with Bitget’s business domain, significantly bolstering its existing user base and product offering.
BitKeep COO Moka Han said, “The investment deal implies not only financial but also technical support, which will be provided to us by a professional team along with the experience necessary for product growth and market expansion. We are excited about this partnership and the potential it has to provide our users with even more comprehensive digital asset management services.
“We believe that working closely with Bitget will not only drive the growth of our business but also provide us with valuable experience exchange that will benefit our users.”
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global