NGRAVE, Global Pioneer in Digital Asset Security, Completes Strategic Restructuring With Sights Set on USD 10 billion in Assets Secured
NGRAVE completed a strategic restructuring where long-term investors acquired core assets to target $10 billion in secured assets by 2026-2027.Summary
NGRAVE, the Belgian technology company known for its EAL7-designed cold wallet security, has finalized a strategic restructuring. Core assets were acquired by a group of long-term investors, including the Lydian Group, which aims to accelerate NGRAVE's growth. The new ownership intends to leverage NGRAVE's existing technology and client base to increase assets secured on its solutions from the current $1.5 billion to $10 billion by 2026 or 2027. The company's core technology, including proprietary firmware and the GRAPHENE backup solution, remains unchanged and has a perfect security record. Co-founder Ruben Merre returns as CEO, emphasizing a focus on making institutional-grade self-custody security accessible to all crypto holders. NGRAVE will maintain its Belgian headquarters and existing partnerships.
(Source：BeInCrypto)