Miguel Lopez A company called Bitkeep recently revealed that it got an investment of $30 million from a cryptocurrency website named Bitget. Because of this, the value of Bitkeep has now reached over $300 million. The two companies are trying to make digital finance better by making sure there is a strong connection between online services and decentralized websites.
Bitget Invests $30 Million Into Bitkeep
Bitget, an exchange for crypto derivatives, has recently invested $30 million into Bitkeep, which is kind of like a wallet. This investment makes Bitget the major owner of Bitkeep. As a result, Bitkeep’s users now have access to better technology and more secure features that come with the use of Bitget. Additionally, people who use Bitkeep can join different Defi applications and Non-Fungible Token projects.
The Bitkeep wallet allows you to easily access different kinds of blockchains, like Bitcoin, Solana, Fantom, Polygon, Tron, Heco and Ethereum. In May 2022 it managed to get $15 million in funding from a number of big investors, including Dragonfly Capital and Kucoin Ventures.
Bitget recently gave Bitkeep $30 million, valuing it at $300 million. Gracy Chen from Bitget said: “This is a great move for both of our companies and will help us work together in the decentralized world.” They are very excited to have an established player like Bitkeep join their growing network.
Bitkeep is a wallet used by millions of people all around the world, from North America, Europe and Asia. It helps manage over 80 different blockchains and more than 250,000 different types of crypto-assets. It has to compete with wallets like Metamask which has more than 10 million active users. Other competitors of Bitkeep are Defi Swap, Zengo, Safepal and Trust Wallet.
Do you have any thoughts on Bitget’s choices to invest in Bitkeep? What do you think it’ll mean for the multi-chain wallet industry? Share what you think in the comments below.
