Block, the fintech company founded by Jack Dorsey, has started shipping its new self-custody bitcoin wallet, Bitkey, after four months of pre-orders. Bitkey connects to Block's payments platform Cash App and crypto exchange Coinbase, allowing users to buy and sell BTC within the app. The wallet consists of a hardware device, a phone app, and a set of recovery tools, with the third key stored on Bitkey's servers. Block's shares were up over 6% at the time of writing on Wednesday.
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Jack Dorsey's Block begins shipping Bitkey, its new self-custody bitcoin wallet
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