Bitcoin Wallet supplier Bradwalllet announced $ 7 million in new funding
Startup - launched in 2014 - Fund raising from a group of investors that includes DAS Capital, East Ventures, Globe Advisor, Liberty City Ventures, Mphin Incorporated, Okewow and Syson Ventures. According to firmly, an anonymous group of angel families and family offices also took part in rounds.
Breadwallet suggested it plans to use funds to expand its business development and marketing team, as well as investing in new functionality for Bitcoin Wallet itself.
Perhaps more significantly, the start-up has announced that it is setting up the new headquarters in Switzerland.
With the move, Breadwallet joined the growing number of cryptocurrency and the beginning of the blockkayen that the so-called "Crypto Valley" has created in their homes.
Adam Tradman, founder and CEO of BWD, said this step:
"Switzerland's digital currency has emerged as a startup activity hotspot, and we are attracted by its leadership in conservative financial law. Its strong reputation for financial secrecy for consumers is ideal for our channel to empower people for Bitcoin benefits."
In the statement, funding participant investors take future cryptocurrency and strike a bullish tone of probability for startup.
"We believe that the digital currency will become increasingly dominant because the industry continues to expand rapidly and badlot remains well to become an influential leader in the place," said Kemura, the founder of DS Capital.
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