Finextra – 3/14/14: Xapo, a bitcoin wallet and cold-storage vault start-up established by former Lemon founder Wences Casares, has raised $20 million in Series A funding led by Benchmark, with Fortress Investment Group and Ribbit Capital. Aiming to become the Fort Knox of the Bitcoin world, Xapo keeps bitcoin accounts in total lockdown using multiple layers of proprietary security protocols backed by insurance against losses from Meridien Insurance.
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