Based in Singapore, BitKeep offers a decentralized multi-chain cryptocurrency wallet that enables users to store and transfer tokens from over 50 major chains (such as Ethereum, Polygon, and Solana). The wallet leverages a proprietary data encryption algorithm to securely store the user's assets. BitKeep also offers a marketplace for decentralized applications with over 8,000 dApps and a multi-chain NFT market with an all-platform search capability.
As of May 2022, the platform served over 5 million users from over 160 countries around the globe. It also provided access to over 4,500 crypto assets as of the same date.
Funding and financials
In March 2023, BitKeep received USD 30 million in additional investment from BitGet, a cryptocurrency exchange, at a USD 300 million valuation. This investment made BitGet the controlling stakeholder of the company, enabling the company to merge BitKeep with its business domain while it continues to operate as an independent entity. BitGet will also provide BitKeep access to its technology and security capabilities with plans to add support for ZK-rollup-based layer-2 networks. The deal also sees BitKeep’s current chief product officer, Karry Cheung, stepping in as the company’s new CEO.
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