LTC Founder Charlie Lee Discloses Investment in BTC Development Firm Casa

Litecoin founder Charlie Lee acknowledged that he is one of the investors in Bitcoin personal key security firm Casa, congratulated it for a new high profile hire.

On Aug. 16, Litecoin (LTC) founder Charlie Lee disclosed in a tweet that he is “an investor in Casa,” a Bitcoin (BTC) personal key security firm. He also noted that he has high hopes for the company:

“I have the same feeling about Casa today as I had about Coinbase when I joined in 2013 as the 3rd hire. Casa is making Bitcoin easy to use and that is extremely important for this space. Looking forward to great things!”

A notable hire

The tweet was posted in response to Casa announcing the hire of a former engineer and product developer at Microsoft and software firm Tableau, as well as a Seattle Bitcoin Meetup organizer Brian Lockhart. The tweet states:

“We are thrilled that we were finally able to convince him to come out of retirement and play in the big leagues at Casa.”

According to Crunchbase, Casa received $2.1 million in funding so far during its seed round in March 2018.

As Cointelegraph reported in June, Casa Node, one of the industry’s popular pre-synced node products, relied on an inbuilt Raspberry Pi, though earlier iteration of the model caused frustration for some users due to its reported slowness.

In July, Facebook reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project.

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Author: Adrian Zmudzinski


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