Billionaire Tim Draper Invests in Ryder to Revolutionize Crypto Security

Ryder, a company known for its user-friendly hardware wallet, Ryder One, has secured a $3.2 million seed funding round led by billionaire Tim Draper, founder of Draper Associates. This investment will fuel the company’s growth and expansion. Other notable investors include venture capital firms like Borderless Capital, Semantic Ventures, Smape, VeryEarly, and angel investors Anatoly Yakovenko, co-founder of Solana, and Joe McCann, CEO of Asymmetric. Ryder One stands out with its effortless setup process and offline design, enabling users to manage their crypto securely in just 60 seconds or less. The funding will be used to increase production, expand marketing efforts, and further develop Ryder One.