SBI Crypto Investment, a subsidiary of SBI Holdings, a subsidiary engaged in digital asset related venture investment, found a $ 15 million investment in Switzerland’s venture company Smart Cash (Smart Cash), which is developing card-type cold wallets became.
Smart cash based in Switzerland announced card type cold wallet “Tangem note” in May 2018.
This product can store the Bitcoin of the face value fixed in the card. Because it can carry Bitcoins like bills, the company calls it “smart bill”.
SBI Crypto Investment, which has invested in smart cash this time, is actively investing in Wallet related companies, and in addition to smart cash, Breadwinner AG, which is engaged in development of cryptocurrency wallet application Bread Wallet (BRD) We are investing in.
SBI Holdings Subsidiary Invests in cryptocurrency Wallet “Bread Wallet” Developer – CRYPTO TIMES
The parent company SBI Holdings also invests in CoolBitX which develops CoolWallet of card type wallet as well as Tangem Note.
The world’s first card wallet CoolWallet S features and reputation summary! ! – CRYPTO TIMES
Mr. Kitao, SBI Holdings representative, says, ” Tangem Note will improve the convenience of the block chain service offered by the SBI Group in the future .”
Author: sota 【Coin Desk News】 – Source Post: https://crypto-times.jp/sbi-cryptoinvestments-smart-cash/
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