“The company, founded by Wences Casares, raised $20 million from Benchmark Capital and Fortress Investment Group LLC, among others, and has been in stealth mode for two years managing bitcoins for large institutional clients – think investment banks and financial firms. Now they’re opening their service up to consumers. ‘If you have one or a couple rogue employees there’s not anything they can do to take the coins out of our vault,’ said Wences. ‘The coins that are in the vault are on servers that are never online — have never been online.’ The private keys are under armed guard and behind layers of physical security in deep storage spaces around the world.”
http://techcrunch.com/2014/03/13/xapo-raises-20-million-to-bury-your-bitcoin-underground/
Tip Freedomwat.ch Staff with Bitcoin