Satochip Secures Bridge Funding to Expand Bitcoin Hardware Wallet Business Into the U.S.
Belgian self-custody hardware maker Satochip has closed part of a bridge financing round to fund its entry into the American digital asset market.
Belgian cryptocurrency hardware wallet developer Satochip SRL has announced partial completion of a bridge financing round, backed by existing shareholders and new business angel investors, with proceeds earmarked for a strategic push into the United States [1].
Founded in Belgium, the company produces open-source, NFC-based smartcard hardware wallets designed for Bitcoin and cryptocurrency self-custody. Its core product — the Satochip — operates without a battery or screen, using an EAL6+ certified secure element in a credit-card form factor. The device pairs with popular desktop wallets including Sparrow and Electrum and supports Bitcoin, Ethereum, and more than 1,000 other tokens [1].
The company's product lineup also includes the Satodime, a bearer cold-storage card positioned as a modern alternative to paper wallets, and the Seedkeeper, a dedicated hardware vault for seed phrase storage. All products are fully open-source under the AGPLv3 license [1].
The raised capital will be directed toward establishing a U.S. operational footprint, expanding distribution, and building B2B partnerships within the crypto industry. Co-founder Bastien Taquet described the U.S. as "a critical market for the future of digital asset security" and noted the company remains open to additional strategic investors [1].
Satochip is scheduled to attend the Bitcoin conference in Las Vegas at the end of April.
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