Wednesday, May 11, 2022


Casa Raises $21M in Collection A Funding

Casa, a Denver, CO-based creator of a secure option to retailer bitcoin, raised $21m in Collection A funding. The spherical…

By Staff , in IRAs , at May 11, 2022


casa

Casa, a Denver, CO-based creator of a secure option to retailer bitcoin, raised $21m in Collection A funding.

The spherical was led by Acrew Capital, with participation from new traders Constructive Sum Ventures, Naval Ravikant, Scott Belsky, and others, and present traders Avon Ventures (who led final 12 months’s seed funding spherical), Stillmark, Tioga Capital, Fort Island Ventures and Lerer Hippeau.

The corporate intends to make use of the funds to develop its core providing, together with customer-requested monetary companies resembling borrowing and lending.

Led by CEO Nick Neuman, Casa builds instruments on the forefront of Bitcoin self-custody, enabling people to take management of their wealth by holding their very own Bitcoin non-public keys in a safe method.

The corporate additionally introduced a brand new public API which can energy a brand new era of Bitcoin-enabled monetary companies by enabling any enterprise to combine multisignature (multisig) wallets inside their monetary services and products. The API unlocks a variety of capabilities, together with confirming monetary data for conditions together with mortgage approval, seamlessly managing retirement investments, and robotically depositing Bitcoin to their Casa account. Launch companions embrace Swan, which can quickly allow automated “Deposit to Casa” performance; Alternative IRA, enabling customers to show their self-directed IRA Bitcoin belongings reside throughout the Alternative dashboard; and Hoseki, which can connect with Casa pockets to offer proof of funds for conventional lenders. 

Every of the brand new companies will probably be protected by Casa’s multisig expertise, which helps customers safeguard their bitcoin keys by guaranteeing that safety is straightforward and usable for all.

FinSMEs

10/05/2022



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