The XAPO Bitcoin Wallet was funded by Wences Casares in 2011 and opened up to the public in 2014.
The company is also extending its multi-signature, which require that three out of five private keys validate a withdrawal request before money is released, to all wallets.
The private keys reside in offline servers and never come online – making them very difficult to hack. Xapo also recently had its security controls and processes reviewed by an independent company under what’s called a “Service Organization Control 2” audit. X
In May 2015 Xapo moved its headquarters from Palo Alto, California to Zurich in Switzerland.
- Homepage: https://xapo.com