Crypto custody firm Casa unveiled a new wallet that offers access without a seed phrase and gives users a way to check on their private keys.
New York-based crypto custody startup Casa has released a new wallet for Bitcoin newbies and long-term HODLers.
In a Casa blog post on June 13, 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. A software wallet 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 like Exodus, 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, confirms that the wallet is backed up, and checks users’ signatures are authentic.
Not its first foray into wallets
As Cointelegraph reported in September, Casa released its non-custodial mobile wallet app Sats for both Android and iOS users. Sats can be used without the company’s hardware Bitcoin (BTC) Lightning node.