Crypto custody startup Casa has released a new wallet self-custody wallet for Bitcoin newbies and long-term HODLers.
On June 13 Casa published a blog post stating that the crypto firm that provides a private key management service announced it had created Casa Wallet after an investment from venture capital fund Mantis VC.
🎊 Today, we're exited to announce Casa Wallet! 🎊 A secure, private, and easy self-custody wallet. 💪🔑 Great for first-time Bitcoiners and for securing smaller balances.https://t.co/1kxDJPvteB — Casa (@CasaHODL) June 15, 2020
Designed around privacy, Casa Wallet allows users to not provide any personal information apart from a first name and email.
In addition, unlike some software wallets, Casa said its users do not need to set up an account with a seed phrase, usually a mnemonic phrase needed to regain access to a wallet.
According to Casa, users can create a key to store on their mobile device.
An encrypted backup is then split across Casa and the OS-specific cloud provider, which wallet holders can retrieve with two-factor authentication.
Casa Wallet also features ‘Key Health’, a function that gives users a way to check up on their private keys.
It confirms that the wallet is backed up, and checks users’ signatures are authentic.