Binance continues to expand its prominence in the cryptocurrency market. She marks her entry into the world of the hardware wallet industry by investing in NGRAVE. This is a strategic investment that will allow Binance to lead the Belgian firm’s next Series A round.
NGRAVE: provider of secure solutions
More than just a manufacturer of Belgian hardware wallets, NGRAVE today specializes in self-custody. This company offers a security package that includes:
- Zero login hardware wallet with touchscreen,
- the encrypted and recoverable stainless steel Graphene key backup tool,
- the Liquid mobile application that allows users to connect to the blockchain in real time.
In the crypto world, NGRAVE positions itself as a blockchain provider. The company today offers security solutions for digital assets that are of particular interest to Binance. More concretely, it designs advanced portfolio products suitable for both retail users and institutional investors.
Binance strives for maximum security
Binance wants to reassure its investors and does not skimp on resources to optimize the security of its platform. The investment in NGRAVE is proof of this.
By investing in NGRAVE, Binance aims to strengthen the security of its assets. But not alone! She also plans to support innovative startups. According to YI He, head of Binance Labs and co-founder of the company, “Self-custodial wallets are one of the most secure methods”.
An opinion confirmed by Binance Labs Chief Investment Officer: “Hardware wallets are one of the safest solutions, especially in volatile and turbulent markets. »
After the latest crypto events, investor confidence has plummeted, and understandably so! Nowadays, security is basically a guarantee that every crypto company has to offer to attract investors again. Exactly, Binance has found the perfect way to do it! We just have to wait for the next step.
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My name is Ariela and I am 31 years old. I have been working in the web writing field for 7 years now. I only discovered trading and cryptocurrency a few years ago. But it is a universe that interests me very much. And the topics covered within the platform allow me to learn more. Singer in my spare time, I also cultivate a great passion for music and reading (and animals!