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Blockchain Launches Ethereum Wallet

Blockchain Launches Ethereum Wallet

Digital currency wallet Blockchain has added ether to the list of currencies it supports. The London-based company, whose motto is Be Your Own Bank, announced this week that users will be able to create Ethereum wallets– meaning they can store, send, and receive ether.

The user interface of the wallet will remain the same, and the ether wallet mirrors the bitcoin interface. As a part of the new launch, Blockchain has partnered with ShapeShift to power a bitcoin-to-ethereum and ethereum-to-bitcoin exchange to help users diversify their digital currency holdings.

Founded in 2011, Blockchain has 15+ million wallets and has worked with its exchange partners to process 100+ million transactions in 140+ countries in 20+ currencies. The company considers its wallet more secure than competitors Coinbase and Kraken. That’s because, unlike the latter platforms which act as digital currency exchanges, Blockchain offers a wallet to simply store the funds and has no visibility into users’ wallets.

Blockchain presented at FinDEVr San Francisco 2014. The company has offices in London, New York, and Brazil and has $70 million, thanks in part to a $40 million Series B round raised in June. Peter Smith is CEO and co-founder.