Shapeshift acquires Keepkey Hardware wallet

Recently, Shapeshift AG announced the acquisition of the company focused on the development of physical wallet of crypto coins, Keepkey.

Through a negotiation with the exchange operator Shapeshift, the creators of hardware wallet for crypto coin storage become part of the company based in Switzerland. It should be noted that in 2016, Keepkey unveiled the integration of Shapeshift, which allowed the adepts of their physical wallets to exchange crypto-currencies without exposing their private keys online. According to the established by Shapeshift, trading their crypto active devices from the interface of Keepkey allows the company to focus on ease of use and security at the same time.

Shapeshift CEO Erik Voorhees stated:

“Security is of vital importance when dealing with digital assets. One of our priorities has always been to make the exchange experience as secure and user-friendly as possible, and this new partnership with Keepkey will enable us to offer unparalleled service. Customers will be able to keep their currencies in the hardware wallet and change them on the same device, without having to visit a website. “

Over the years, Shapeshift has built a reputation for solidity by integrating its platform with nearly 50 specialized Blockchain companies. Keepkey is the first hardware device associated with Shapeshift, and the Swiss-based company says it aims to deliver “the most secure storage wallet, with native support for trading the digital assets that are leading today.”

Voorhees also explained that the Keepkey brand and its product line will remain faithful to its ideology and that it expects the device to do very well because today there is a high demand for physical wallets. The CEO of Shapeshift wanted to add:

“In a time when we see digital coins gaining more adoption, a wallet of friendly hardware and native exchange functionality is ultimately a great alternative to help extend that adoption.”

Shapeshift says consumers will appreciate the alliance between the change platform and the hardware wallet. Ultimately, Voorhees commented:

“Our desire is a future in which private keys are kept only in hardware, one where the exchange is executed through the devices.”

Eduardo Gómez

Eduardo Gómez

Eduardo Gómez is a Venezuelan freelance writer and Information's Technology Professional. He discovered Bitcoin in 2012 and has been drawn to it ever since. He also works as a Customer Support Agent at the San Francisco-based Bitcoin startup Purse.io