Vault12, established in 2014 and headquartered in the United States, is revolutionizing the way we think about secure and decentralized storage for digital assets. With a catchy slogan advocating for "Inheritance and secure decentralized storage for Cryptocurrency, NFTs, Creators, Art, and other secrets...", this innovative startup is addressing a critical need in the rapidly evolving crypto space.
The company emphasizes simplicity and functionality, offering users a method to recover, backup, and inherit seed phrases in a completely self-sovereign manner. By leveraging an investor's trusted personal network, Vault12 encrypts digital assets using powerful algorithms and distributes them across a network of mobile devices. This strategy dramatically mitigates risk by eliminating a single point of failure, unlike traditional cloud or local storage solutions.
Their service also includes Digital Inheritance, allowing users to appoint an heir who can seamlessly access their portfolio of digital assets when necessary. The last known investment was a Seed Round on August 21, 2018, with participation from prominent investors like True Ventures and Hex Capital. As the future of money pivots towards digital mediums, Vault12 positions itself as a protector of wealth for this generation and beyond, safeguarding over $4B+ in crypto assets that are often vulnerable to theft and loss.