Bitcoin (BTC) security company Casa helps cryptocurrency investors manage the private keys. Casa users can buy bitcoin directly and store it in the most secure way possible with a choice of different security plans ranging between $120 and $5000 per year.
Casa secures your BTC with three private keys that are all stored on a different device. However, you only need two to be able to send your bitcoin. Should you lose a private key, you will still be able to send your bitcoin to a new set of private keys. With Casa you have none single point of failure, since you have a total of three private keys. You own two private keys, one of which is on a hardware wallet, and Casa only owns one private key.
After BTC also ETH
Casa has indicated that it will start supporting ethereum (ETH) in addition to bitcoin in January. There will also be a brand new app available with an improved one look and feel that will improve the user experience.
Casa has always been seen by many as a so-called ‘bitcoin only’ platform, but the CEO of Casa, Nick Neuman, is not afraid of damage to the image by supporting ETH:
“Ethereum has been our most requested customer request in recent years and am I worried it will hurt our brand or business? No, because we listened to our customers. The vision for Casa is really about being the private key manager for everything that matters in your life. So that’s not just your bitcoin. It’s all your kinds of money.”
Crypto self custody
After the fiasco of FTX is self custody more and more one hot topic within the crypto landscape. The realization that you cannot trust any party seems to be getting through to investors more and more. For example, you could read earlier in the Bitcoin news that the monthly bitcoin outflow on exchanges is a all time high had reached.