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Casa Startup Raises $ 4 Million in Seed Round of Funding


Casa, which helps cryptocurrency investors manage private keys, has raised $ 4 million. The seed round was spearheaded by Avon Ventures, a venture capital fund affiliated with Fidelity Investments.

The round was also attended by Tioga Capital, Cadenza Ventures, Coinbase Venture and Champion Hill Ventures. The startup will spend the funds received on product development and staffing.

“Casa has created a product that combines best-in-class security with an intuitive user interface. Bitcoin owners no longer have to choose between simplicity and security, ”said Sachin Patodia, partner at Avon Ventures, who serves on Casa’s board of directors.

According to the company’s CEO Nick Neumann, users were worried about their safety during the recent bullish rally in Bitcoin and moved assets from exchanges to vaults. The startup helped them with this.

As a reminder, Casa introduced a privacy-focused bitcoin wallet for beginners in June.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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