The wildly growing Bitcoin Company Xapo gives super security
physical storage place for its customers to keep their Bitcoins. Interestingly,
they are not charging for this service. It’s free. They smartly converted the
decommissioned Swiss military bunker into a super safe vault for their
customers. Actually, its precise location is secret, only accessed by a handful
of Xapo executives.
Having this idea Xapo has raised nearly $ 40 million from
Benchmark, Greylock Partners, Index Ventures, Fortress Investment Group, Ribbit
Capital and Emergence Capital Partners.
The Xapo vault incorporates multiple layers of the most
advanced forms of cryptographic security to secure our bitcoins. The whole
process includes multi-factor authentication and private key segmentation
between others.
By
Srini
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