Coinbase Joins Forces With Block’s Bitkey Wallet


Coinbase and Bitkey, the self-custody Bitcoin (BTC) wallet built by the Block, Inc., have announced a global partnership that will span six continents and promote self-custody usage.

The platforms will integrate Coinbase Pay to allow users to buy and sell Bitcoin, as well as transfer their holdings to their Bitkey self-custody wallet, which includes a mobile app, hardware device, and set of recovery tools.

The collaboration is designed to make it easier for customers to buy, store, and manage their BTC. Lindsey Grossman, Business Lead at Bitkey, said: “At Bitkey, we’re building a self-custody bitcoin wallet designed to empower the next 100 million people to truly own and manage their Bitcoin – safely and easily.”

To kick off the partnership, Bitkey is launching its global beta program. Customers in the program will be able to transfer their BTC from centralized exchanges to Bitkey’s self-custody wallet. Buying and selling as well as direct transfers between Coinbase and Bitkey will be enabled when the wallet launches to the public later this year.

The service will be available in the US, Canada, the UK, Brazil, and Australia, among other countries. Coinbase believes this collaboration will help power the next adoption phase of the Bitcoin economy.

Related articles

Recent articles