THELOGICALINDIAN - On August 16 the Switzerlandbased agenda asset barter Shapeshift AG has appear the close has acquired the cryptocurrency accouterments wallet architect Keepkey
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Shapeshift AG Acquires the Cryptocurrency Hardware Wallet Company Keepkey
This anniversary the Seattle-based startup and agenda asset accouterments wallet creators, Keepkey, were acquired in an “all banknote deal” by the multi-currency trading belvedere Shapeshift. Last year the accouterments wallet aggregation announced Shapeshift integration, which accustomed Keepkey users to barter cryptocurrencies after advertisement their clandestine keys online. Shapeshift says trading these assets anon over the ShapeShift API from the device’s interface, allows the aggregation to focus on affluence of use and aegis at the aforementioned time.
“Security is of analytical accent back it comes to captivation and trading agenda assets,” explained Erik Voorhees, CEO of Shapeshift. “One of our priorities has consistently been to accomplish the barter acquaintance as safe and accessible for users as possible, and our bond with KeepKey enables us to accommodate an incomparable chump experience.”
A Non-Custodial Exchange Paired With Hardware Wallet Security
Shapeshift has fabricated a name for itself over the years by amalgam its API with about 50 blockchain companies, and wallet providers. Keepkey is the aboriginal accouterments accessory to action Shapeshift trading from aural the user interface. The Swiss-based aggregation says they will abide Keepkey administration and aim to accommodate “the best defended accumulator wallet accessible with built-in abutment for trading all arch agenda assets.”
Voorhees explains that the Keepkey cast and artefact band will abide the same, and expects the accessory to do able-bodied for the aggregation as accouterments wallets are currently in aerial demand. “Amid acute absorption in the abstraction of agenda currencies, a simple, convenient algid accumulator wallet with built-in barter functionality is one key to added adoption,” said Voorhees.
Shapeshift thinks consumers will acknowledge the tethered affiliation amid Shapeshift’s arguable barter and accouterments wallet security.
“With Shapeshift, users don’t charge to leave funds on an exchange. With KeepKey, users don’t charge to leave funds on any computer whatsoever. We see a approaching in which keys are kept on hardware, and non-custodial barter occurs anon from the hardware,” Voorhees added.
What do you anticipate about Shapeshift’s accretion of Keepkey? Let us apperceive your thoughts in the comments below.
Images via Shutterstock, Shapeshift AG, and Keepkey.
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