Seller Financing
Asking Price
$15,000,000
Gross Revenue
Not Disclosed
Cash Flow
Not Disclosed
Overview
Business
Description
Valuation
This is a pre-profit opportunity. Price is based on the value of the company’s tech IP, Kickstarter campaign demonstrating proof of concept, massive addressable market and growing industry. With the launch of a full marketing campaign, the company projects it will reach about $4M USD in profits at end of Year 2 and over $16M USD by end of Year 5. The owner is flexible, welcoming all serious offers and willing to consider various deal structures.
IOT Secure Certification
One of only three wallets that was externally, independently audited and received certification.
Business Overview
This company is a pioneer in developing crypto-security products and services. EAL Certifications are the go-to security certifications for hardware wallets. Most of the best wallets fall in between EAL1-5. This company offers world-leading security for crypto assets storing crypto assets offline with an EAL 6+ rated secure chip. The brand’s cold wallet is certified, along with authentication by an independent auditor.
They have a team of passionate professionals in software & hardware product development, crypto, blockchain, security technology platforms and represent 50 years of cumulative experience in the field and Academia.
The business is operated by two partners as well as a team of core staff that handle all business operations. With all of the R&D legwork and product complete, the main tasks to run the business going forward would be: 1 FT person for operations and 1 PT/FT for wallet support.
With the desktop product fully developed and Android App nearly complete, technology refined, bugs ironed out, and a successful Kickstarter campaign behind them, the company is poised for a full scale, comprehensive marketing launch to propel the brand and realize its full potential!
Key Strengths
• Large touch screen, ease of user experience
• Uses a more secure chip
• Third-party security audited and certified
• Can support more than 120 blockchains and
200K+ tokens from one device
• Growth Opportunities - Huge untapped Market of Crypto Cold Wallet
Sale
Reason for Selling
Pursue Other Interests
Training/Support
Yes
Premises
Location
Luxembourg
Contact The Seller
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