Casa CTO Reveals: A Surge in Demand for Ethereum Self-Custody Amongst Users

Growing numbers of Ethereum users are seeking self-custody solutions, according to Bitcoin wallet provider Casa’s co-founder and CTO, Jameson Lopp. Speaking to Cointelegraph at the 2023 Bitcoin conference, Lopp said demand for Ethereum support had risen following the collapse of FTX in 2022, which highlighted the need for secure storage for Ethereum tokens. Casa added Ethereum support in December 2022, in spite of criticism from Bitcoin enthusiasts. Setting up a wallet and sending crypto is simple, but Lopp believes security can be intimidating for users. Casa offers an “extreme-security cold-storage setup with distributed keys” for a $10,000-a-year fee that has expanded to include a free version with limited features.

J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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