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Crypto Developer KZen Raises $4 Million to Launch Wallet Without Private Keys

Vicky Wei

Summary: According to cointelegraph, Israeli cryptocurrency developer KZen raised $4 million from backers including South Korean electronics giant Samsung. The company's product, smartphone wallet app ZenGo, which is in beta phase testing, aims to simplify custodial wallet usage for entry-level cryptocurrency users. The company hopes users to benefit from a simple wallet user inteface.

According to cointelegraph, Israeli cryptocurrency developer KZen raised $4 million from backers including South Korean electronics giant Samsung. The company's product, smartphone wallet app ZenGo, which is in beta phase testing, aims to simplify custodial wallet usage for entry-level cryptocurrency users. The company hopes users to benefit from a simple wallet user inteface.

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