Winklevoss Capital, Coinbase Back $1.8 Million Round for Bitski Crypto Wallet
A startup making it easier for developers to put crypto wallets in their applications is announcing a seed round from the likes of Galaxy Digital, Winklevoss Capital and Coinbase Ventures.
Bitski thinks its developer platform can help the crypto sector overcome a key hurdle: For most folks, setting up a wallet is a pain. By having one pre-loaded into, say, your favorite video game, Bitski thinks its single-sign-on wallet can move the needle on mainstream adoption.
“We’re using this money to expand the funnel of people that are building on blockchain,” Bitski co-founder and CEO Donnie Dinch said of the $1.81 million in fresh capital. (The startup’s total fundraise is $3.54 million, including a late-2018 pre-seed round, Dinch said.)