Binance continues to expand its notoriety in the cryptocurrency market. She signs her entry into the world of the hardware wallet industry by investing in NGRAVE. This is a strategic investment that will allow Binance to lead the next Series A round of the Belgian company.
NGRAVE: provider of secure solutions
More than just a manufacturer of Belgian hardware wallets, NGRAVE today specializes in self-custody. This company provides a security suite that includes:
- Zero login hardware wallet with touchscreen,
- the encrypted and recoverable stainless steel Graphene key backup tool,
- the Liquid mobile application allowing users to connect in real time to the blockchain.
In the crypto world, NGRAVE positions itself as a blockchain provider. The company today offers digital asset security solutions that are of particular interest to Binance. More concretely, it designs sophisticated portfolio products suitable for both retail users and institutional investors.
Binance in pursuit of maximum security
Eager to reassure its investors, Binance does not skimp on the means to optimize the security of its platform. Its investment in NGRAVE is proof of this.
In investing in NGRAVE, Binance intends to strengthen the security of its assets. But not only ! She also plans to support innovative startups. According to YI He, head of Binance Labs and co-founder of the company, “Self-custodial wallets are one of the most secure methods”.
An opinion confirmed by the Chief Investment Officer of Binance Labs: “Hardware wallets are one of the most secure solutions especially in volatile and turbulent markets. »
After the latest crypto events, investor confidence has dropped significantly, and that is understandable! Today, in fact, security is a guarantee that each crypto company will have to offer in order to attract investors again. Exactly, Binance has found the perfect way to do it! We just have to wait for the next step.
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