Medici-Backed Bitsy Launches User-Friendly Crypto Wallet to Boost Adoption

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Blockchain startup Bitsy wants to help build out the bridge between cryptocurrencies and fiat money.

To that end, the company announced a new crypto wallet Friday, one aimed at providing a simplified, user-friendly experience.

CEO Ann-Marie Hopkins told CoinDesk that the wallet will allow users to buy some amount of cyptocurrency, such as bitcoin, and ensure that “it’ll be easier to get bitcoin from one person to another.”

Bitsy – which has seen investment from Medici Ventures, the blockchain subsidiary of retail giant Overstock.com – says its wallet offers a clean interface for newcomers to the tech, one which hides wallet addresses, transaction verifications and other technical details, though those will still remain accessible for more experienced users.

Hopkins explained:

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