EDGE
  • home.svg
    Home
  • news.svg
    All updates
  • news.svg
    EDGE Insights
  • list.svg
    Industries
  • db-search.svg
    Company Search
  • company-list.svg
    My Watchlists (Beta)
All Updates

All Updates

icon
Filter
Funding
BitKeep receives USD 30 million in investment from BitGet
Decentralized Finance (DeFi)
Mar 21, 2023
This week:
Funding
Matr Foods raises EUR 20 million in debt funding to build mycelium meat factory
Plant-based Meat
Today
Last week:
M&A
Platform Science to acquire Trimble's global transportation telematics business units
Truck Industry Tech
Yesterday
Funding
Whatfix raises USD 100 million in Series E funding to expand business
EdTech: Corporate Learning
Yesterday
Product updates
Sky Mavis launches cross-game onboarding solution
Web3 Ecosystem
Sep 14, 2024
Funding
Bicara Therapeutics raises USD 315 million in IPO; plans to develop lead candidate ficerafusp alfa
Precision Medicine
Sep 13, 2024
Partnerships
Massive Bio and Foundation Medicine partner to improve cancer clinical trial enrollment
Precision Medicine
Sep 13, 2024
Partnerships
Moffitt Cancer Center partners with AstraZeneca to advance oncology cell therapies
Cell & Gene Therapy
Sep 13, 2024
Product updates
Quandela launches European quantum computer in North America
Quantum Computing
Sep 13, 2024
Partnerships
IonQ achieves high qubit gate fidelity on barium development platform
Quantum Computing
Sep 13, 2024
Partnerships
Massive Bio and Foundation Medicine partner to improve cancer clinical trial enrollment
Clinical Trial Technology
Sep 13, 2024
Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

View industry hub
Mar 21, 2023

BitKeep receives USD 30 million in investment from BitGet

Funding

  • BitKeep, a DeFi wallet, has received USD 30 million in additional investment from BitGet, a cryptocurrency exchange, at a USD 300 million valuation. This round brings the company’s total funding to USD 45 million. 

  • This investment makes 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. 

  • Analyst Quicktake: The DeFi wallet space has seen a recent influx of funding in the last six months with companies such as Cypher , MSafe , and Braavos raising USD 4.3 million , USD 5 million , and USD 10 million , respectively. BitKeep aims to differentiate itself from this competition by enabling users to store and transfer 250,000+ types of assets across 90+ major chains.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.