- Casa has introduced a brand new API that can permit third-party corporations to have interaction with Casa wallets whilst customers deal with complete keep watch over in their non-public keys.
- The corporate additionally introduced it had raised $21 million in a chain A investment spherical to assist it additional increase its security-focused Bitcoin services and products.
- Casa raised $four million in seed investment in February.
Bitcoin corporate Casa has introduced a brand new utility programming interface (API) to combine wallets leveraging its platform with third-party monetary services and products, in line with a press unlock despatched to Bitcoin Mag.
The API will permit builders of third-party organizations to combine with Casa wallets whilst permitting customers to deal with complete keep watch over over their non-public keys. Customers will be capable to ascertain monetary knowledge for eventualities together with putting off loans, managing retirement investments and mechanically depositing bitcoin to their Casa self-custody setup.
“Bitcoin and standard monetary products and services have a shared future: they’re an increasing number of converging, and we’re seeing massively greater call for for answers that tie the 2 ecosystems in combination,” stated Casa co-founder and CEO Nick Neuman.
Most of the considerations throughout the bitcoin ecosystem revolve round correct key control, the follow of securing the keys to at least one’s bitcoin budget and managing its backups.
When customers have interaction with platforms like bitcoin exchanges, custody of the ones keys is normally surrendered to the trade, that means customers lose keep watch over in their cash.
“That’s why we created Casa API, which makes it simple for relied on organizations to begin integrating with Casa shoppers’ wallets – all whilst the buyer continues to carry the keys,” stated Neuman.
The announcement of the brand new API is paired with a $21 million collection A carry led by means of Acrew Capital. Certain Sum Ventures, Naval Ravikant, Scott Belsky, Avon Ventures, Stillmark, Tioga Capital, Citadel Island Ventures and Lerer Hippeau additionally participated within the spherical.
“Our traders will play a the most important function in using the worldwide self-sovereignty revolution within the future years, making sure we proceed to force the trade ahead by means of turning in new answers — like Casa API — that upload to the richness, software and, above all, safety of Bitcoin,” stated Neuman.