Israeli crypto wallet start-ups KZen raises $4 million
While it seemed like the wide variety of different wallets to preserve your cryptocurrencies couldn’t move any better, the Israeli start-ups KZen raised $4 million in investment to get but any other one available on the market. The list of investors participating within the spherical includes Benson alright Ventures, Samsung next, and Elron Ventures.
The new pockets app has now not been unveiled to the public but and is poised to launch later this month.
“We wanted for ourselves and for the arena something that did not experience like a pre-AOL revel in, that changed into extraordinarily advanced in phrases of protection and easy to use,” said Ouriel Ohayon, the CEO of the start-up and a former editor of the tech industry booklet TechCrunch. “We desired a solution that brings peace of mind and that did no longer force the person into compromising among convenience and protection that is, regrettably, the contemporary scenario.”
Not like many initiatives inside the crypto area, KZen decided not to move for an ICO and raised money the conventional manner from VC finances. “Thank god, we made the proper choice,” Ohayon remarked.
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