Cryptocurrency exchange Bitget has become the majority shareholder of the company by investing $30 million in BitKeep, Asia’s largest decentralized cryptocurrency wallet.
In a recent press release by Bitget, cryptocurrency wallet BitKeep $30 million additional investment over $300 million valuation made was included. With this investment majority shareholder Bitget has announced that it will use BitKeep integrated with the exchange to ensure the security and stability of multiple blockchain transactions.
The following statements were included in the press release made by Bitget:
The investment in BitKeep represents a significant move as it will expand our business into the wallet industry and help us offer local storage services.
Moka Han, BitKeep’s chief operating officer, said in a statement on the subject that the investment in question is a comprehensive deal:
The investment agreement provided with Bitget means not only financial but also technical support. As the largest web3 wallet in Asia with approximately 9.5 million users, we are pleased with such a partnership.
Established in 2018 BitKeeplast yearl Dragonfly Ventures in a funding round led by 100 million dollars with valuation 15 million dollars had collected.
CoinGecko According to the data of the last 24 hours, with the effect of the news flow, 11.3%showing a rising Bitget Token (BGB) at the time of writing from $0.426 is being traded.