Binance supported the manufacturer of hardware wallets Ngrave

Binance Bitcoin-Birzhi Bitcoin Birgie has announced strategic investments in the NGRAVE hardware manufacturer.

As @cz_binance Said, Self-Custody Is Fundamental Human Right.

This is who We’re Making a Strategic Investment in and Will Beading The upcomping Series a Round of @ngrave_Official, Hardware Wallet and the 1st Complete Solution Solution Self-Custody.https: // t.Co/YSJCHGPOOM

– Binance Labs Fund (@binanclavs) November 21, 2022

Binance Labs will also lead the upcoming investment round of the series A NGRAVE.

“Security remains one of the greatest obstacles to the adoption of cryptocurrencies. Wallets with independent storage are one of the safest ways to store digital assets. With the help of investment in NGRAVE, we strive to continue supporting innovative startups that increase user safety, ”said the head of the venture unit of XY YI.

The co -founder and CEO Ngrave Rubert Merre outlined the main goal of the team – “make the world of cryptocurrencies a safe place for everyone”.

The company founded in 2018 developed a ZERO hardware wallet with a touch screen, a Liquid mobile application and a stainless steel Graphene Backup card.

Earlier, manufacturers of Ledger and Trezor https://gagarin.news/news/in-the-us-the-head-of-the-sec-confirmed-that-bitcoin-is-classified-as-a-commodity/ hardware wallets recorded a significant increase in devices sales against the background of FTX crisis.

Recall that in November CEO Binance Chanpen Zhao called the independent storage of assets “one of the main human rights”.

In September, the Onekey hardware wallet manufacturer attracted $ 20 million from Dragonfly, Ribbit Capital and other investors.

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