Quick Facts
KeepKey Products
- KeepKey Hardware Wallet
Company Vitals
Founders: Darin Stanchfield
CEO: Matt Highlander
Year Created: 2014
Headquartered: Colorado
Company Overview
The KeepKey wallet is a hardware wallet, meaning it stores your private keys offline to keep your crypto safe from online hackers. KeepKey was founded in 2015 by Darin Stanchfield and is headquartered in the US. In 2016, it was later acquired by Shapeshift in August 2017. In January 2021, KeepKey was spun off into private ownership. While officially headquartered in Colorado, the KeepKey team reside outside the US.
KeepKey is compatible with multiple operating systems, including Windows, Mac, Android, and Linux. However, it doesn’t have its own mobile app, but you can use it with a number of mobile wallets. It supports over 40 cryptocurrencies, including Bitcoin, Bitcoin Cash, Bitcoin Gold, DASH, Dogecoin, Ethereum, Litecoin, and DigiByte, among others.
One of the standout features of KeepKey is its integration with ShapeShift, which allows you to easily exchange your crypto to other currencies. Plus, the wallet has a backup and recovery feature that lets you recover your cryptocurrencies if you lose your device.
In terms of security, KeepKey is pretty solid. It has a PIN code, passphrase, and recovery seed backup to protect your funds. The device itself is made of metal and has a sleek and simple design. It’s also beginner-friendly and retails for $79.
Security Incidents
- December 2019, Kraken Labs was able to crack a seed phrase from KeepKey in 15 minutes.
- In April 2020, an malicious chrome browser extension was added to the chrome webstore that compromised customers’ seed phrases.
Big Brother Government Influence
The current KeepKey team put a high premium on privacy as a result of their time at ShapeShift. You’ll hardly find any information on them. They maintain a strong stance on censorship resistance.