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  • Casa has launched a fresh API which will enable third-party companies to connect to Casa wallets while customers maintain full handle of these private keys.
  • The business furthermore announced it had elevated $21 million in a string A funding circular to help it more develop its security-concentrated Bitcoin services and products.
  • Casa elevated $4 million in seed funding inside February.

Bitcoin business Casa has introduced a fresh application programming user interface (API) to integrate wallets leveraging its system with third-party financial loans and services, per the press release delivered to Bitcoin Magazine.

The API allows developers of third-party institutions to integrate with Casa wallets while enabling users to keep full handle over their personal keys. Users can confirm financial details for circumstances including taking right out loans, managing pension investments and instantly depositing bitcoin with their Casa self-custody set up.

Bitcoin and traditional monetary services have got a shared destiny: they’re more and more converging, and were viewing hugely increased requirement for options that tie both ecosystems collectively, said Casa co-founder and CEO Nick Neuman.

Most of the issues within the bitcoin ecosystem revolve around appropriate key management, the exercise of securing the keys to one’s bitcoin money and managing its backups.

When users connect to systems like bitcoin exchanges, custody of these keys is normally surrendered to the swap, meaning users lose handle of these coins.

Thats why we created Casa API, that makes it easy for trusted institutions to start out integrating with Casa clients wallets all as the customer continues to carry the keys, stated Neuman.

The announcement of the brand new API will be paired with the $21 million series A increase led by Acrew Funds. Beneficial Sum Ventures, Naval Ravikant, Scott Belsky, Avon Ventures, Stillmark, Tioga Funds, Castle Island Ventures and Lerer Hippeau furthermore participated in the circular.

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Our investors will have fun with a crucial role inside driving the worldwide self-sovereignty revolution inside the a long time, ensuring we continue steadily to drive the forward by delivering brand-new solutions such as Casa API that enhance the richness, utility and, most importantly, security of Bitcoin, mentioned Neuman.

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