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Binance Labs Makes a Strategic Investment in Hardware Wallet Maker NGRAVE to Boost Crypto Self-Custody
21 Nov 2022
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Binance Labs Makes a Strategic Investment in Hardware Wallet Maker NGRAVE to Boost Crypto Self-Custody
Binance Labs has made a strategic investment in hardware wallet maker NGRAVE and will lead its upcoming Series A round. NGRAVE offers the first complete solution for self-custody, consisting of a connectionless and highest security certified (EAL7) hardware wallet, ZERO, and an encrypted and recoverable key backup, GRAPHENE.
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Founded in 2018, NGRAVE is a digital asset security provider offering user-friendly maximum security solutions for blockchain and crypto use cases. Its flagship product — crypto hardware wallet “NGRAVE ZERO” — is the only financial product in the world that features the highest security certification: EAL7. NGRAVE is partnered with the world’s top tier in nano- and chip technology, cryptography and hardware security, and counts among its advisors several blockchain pioneers such as Jean-Jacques Quisquater, famous cryptography professor and second reference of the bitcoin paper.