Satochip Announces Bridge Funding as It Prepares for US Push on Open Hardware Wallets
Satochip SRL, a Belgium-based company specializing in secure digital asset management solutions, today announced that it has secured part of its bridge financing round with funding from existing shareholders and new business angels.
The bridge round will support the company’s strategic expansion in the United States, enabling Satochip to establish a local presence and accelerate sales in one of the world’s largest digital asset markets.
Founded in Belgium, Satochip develops open source secure hardware wallets and smart card solutions, designed to give users full control over their digital assets. The company’s technology emphasizes security, transparency, and sovereignty, “keeping up with the growing global demand for self-storage solutions” according to a press release shared with Bitcoin Magazine.
Satochip SRL offers a focused line of NFC smartcard-based hardware solutions for Bitcoin and cryptocurrency self-storage. Its flagship product, Satochip, is a credit card hardware wallet equipped with an EAL6+ certified secure element that supports Bitcoin, Ethereum, and more than 1,000 tokens and NFTs. It pairs with desktop wallets like Sparrow and Electrum, as well as mobile apps, and doesn’t require a battery or screen—functions are verified through connected software. The company also produces Satodime, a cold storage gift card that serves as a replacement for the modern paper wallet, and Seedkeeper, hardware for securely storing seed phrases and passwords.
All products are fully open source (AGPLv3 Java Card applet), allowing users to flash standard smart cards themselves. Public acceptance has grown significantly with integrations like the SeedSigner + Satochip combo, which enables users to build low-cost, air-gap DIY Bitcoin signing devices, test the technology and develop new low-level environments and use cases.
“The United States represents an important market for the future of digital asset security,” said Bastien Taquet, founder of Satochip. “With strong support from our investors, this bridge round allows us to build a foothold in the US market while continuing to develop secure hardware solutions for the global crypto ecosystem. We welcome additional strategic investors who want to join this growth journey.”
The funding will primarily be used to establish a US operational presence, expand sales and distribution channels, and strengthen B2B relationships within the crypto ecosystem. The Satochip team will attend the Bitcoin conference in Las Vegas at the end of April.
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