- Casa has launched a original API that would possibly perchance enable third-secure collectively companies to enjoy interaction with Casa wallets while customers abet beefy take care of watch over of their non-public keys.
- The firm also announced it had raised $21 million in a series A funding spherical to serve it additional originate its security-focused Bitcoin merchandise and services.
- Casa raised $4 million in seed funding in February.
Bitcoin firm Casa has announced a original utility programming interface (API) to integrate wallets leveraging its platform with third-secure collectively financial merchandise and services, per a press free up sent to Bitcoin Magazine.
The API will enable developers of third-secure collectively organizations to integrate with Casa wallets while allowing customers to abet beefy take care of watch over over their non-public keys. Users will be in a scrape to substantiate financial files for situations including removing loans, managing retirement investments and robotically depositing bitcoin to their Casa self-custody setup.
“Bitcoin and former financial services enjoy a shared future: they’re increasingly converging, and we’re seeing hugely elevated inquire of for solutions that tie the 2 ecosystems collectively,” acknowledged Casa co-founder and CEO Reduce Neuman.
A entire lot of the troubles all around the bitcoin ecosystem revolve around lawful key management, the lisp of securing the keys to 1’s bitcoin funds and managing its backups.
When customers interact with platforms like bitcoin exchanges, custody of these keys is mostly surrendered to the commerce, that technique customers lose take care of watch over of their money.
“That’s why we created Casa API, which makes it easy for trusted organizations to open integrating with Casa prospects’ wallets – all while the patron continues to abet the keys,” acknowledged Neuman.
The announcement of the original API is paired with a $21 million series A enhance led by Acrew Capital. Clear Sum Ventures, Naval Ravikant, Scott Belsky, Avon Ventures, Stillmark, Tioga Capital, Castle Island Ventures and Lerer Hippeau also participated in the spherical.
“Our merchants will play a in actuality significant role in utilizing the realm self-sovereignty revolution in the years to come, guaranteeing we continue to power the commerce forward by delivering original solutions — like Casa API — that add to the richness, utility and, above all, security of Bitcoin,” acknowledged Neuman.
