For Sale:
Leading Certified Secure Crypto Cold Wallet Business
Asking Price: $3,000,000
Description
Price
The price has recently been reduced on this highly innovative business that is positioned for growth making this exciting opportunity even more attractive! The recent price reduction offers an incredible value to buyers who see the potential in the technology and the market it serves. If you’re looking for a business with a unique product and the opportunity to build something big from the ground up, this could be a perfect fit for you. The owner is flexible, welcoming all serious offers and willing to consider various deal structures.
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 the end of Year 2 and over $16M USD by end of Year 5.
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
Financial Overview
| Gross Revenue | |
|---|---|
| Cash Flow | |
| Year Established | 2020 |
| Employees | 1 FT and 1 PT |
| Inventory | N/A |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Bitcoin/Crypto Currency |
| Location | Luxembourg, Select State (Select County) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Competition
Key competitive advantages include the large touch screens with ease of use, more secure chips and support for blockchains/tokens than their competitors, and aside from one other company, this is the only cold wallet in the market which is externally audited for its security.