New York-based bitcoin hardware wallet provider Case (formerly CryptoLabs) has raised $1.25m in new seed funding.
In a statement, CEO Melanie Shapiro suggested that Case's funding may coincide with a broadening of its ambitions beyond the consumer market. Notably, Shapiro addressed the recent interest of major financial incumbents such as Nasdaq in bitcoin's underlying blockchain technology.
The funding also marks the latest bitcoin play by increasingly active VC firms Future\Perfect Ventures and RRE Ventures.
Correction: A previous version of this article stated that Case had raised $1.5m in seed funding. CEO Melanie Shapiro since confirmed with CoinDesk that this figure is $1.25m.
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