Serenity Shield Enters Eurasia with Investment from Castrum Capital

11 months ago 6

ARTICLE AD BOX

[PRESS RELEASE – Istanbul, Turkey, December 21st, 2023]

Serenity Shield, a multi-chain project offering secure and confidential data storage and crypto inheritance solutions, has just received an investment from Castrum Capital, one of Turkey’s largest VC and incubators specializing in AI. Whereas both parties agree not to disclose the investment amount publicly, this partnership marks Serenity Shield’s entrance into the Turkish and CIS markets, while the project leaders tease plans for integrating AI into Serenity Shield’s StrongBox® solution.

Serenity Shield StrongBox® DApp has recently received widespread recognition. This decentralized application provides a highly secure solution for storing sensitive information, such as financial or medical records, real estate documentation, and decentralized asset access keys. StrongBox® also enables families to access decentralized access easily in the unfortunate event of a member’s passing, ensuring a secure future and inheritance. Serenity Shield believes that StrongBox® holds strong potential in markets where people utilize crypto to build generational wealth.

Investment from Castrum is a strategic move into the Turkish market, where 52% of adults invest in crypto, while a staggering 58% claim they do this to secure future wealth (according to KuCoin and Chainalysis reports). Joining forces, Serenity Shield and Castrum are going ahead of the needs of the Eurasian web3 users, allowing them to benefit from a range of DeFi opportunities while minimizing risks associated with using crypto as a primary wealth asset. Serenity Shield decreases uncertainty and provides a way for individuals, families, and businesses not only to safeguard decentralized asset access but also to use self-custody for storing and accessing various sensitive data points and documents.

“Serenity Shield’s StrongBox® is a much-needed and anticipated solution in the Turkish market. I often hear Turkish traders, investors, and other web3 users worry about the future of their assets and families if something were to happen. We are joining forces with Serenity Shield to bring security and peace of mind to everyone investing crypto as one of the primary ways for wealth accumulation.” said Semih Basaran, Founder of Castrum Istanbul. “I hope our position and people’s trust in Castrum will positively impact Serenity Shield’s reception across Turkey and CIS as a trusted and credible solution.”

Serenity Shield leaders teased that Castrum’s support is not limited to the project’s launch and entry into the Eurasian market. The company plans to leverage Castrum’s expertise in launching and accelerating AI solutions on-chain to add new AI functionalities to StrongBox®.

“Our partnership with Castrum opens new possibilities for Serenity Sheild’s StrongBox®. We’ve seen Castrum Capital incubate some of the most successful products, and we are excited to partner with such a renowned industry player,” commented Venket Naga, the CEO of Serenity Shield. “AI has entered our lives for good, and we quickly saw many possibilities in which integrating AI into StrongBox® can positively impact user experience. At the same time, we understood the risks of AI and needed an experienced and trusted partner to ensure the security and excellence of our service. Castrum brings the level of trust and expertise we’ve been looking for. In the coming weeks, our team plans to share a detailed roadmap for the StrongBox® AI integration.”

Serenity Shield and Castrum Capital have expressed that this long-term partnership strives to change how users interact with decentralized tech. The companies aim to give existing and new users peace of mind when securing their and their families’ futures while encouraging more individual investments in the web3 space. Overall, the partnership proves that self-custody is a way forward for safeguarding not only crypto but all sensitive information and data.

About Serenity Shield

Serenity Shield is a multi-chain solution dedicated to privacy and security. It empowers individuals and businesses to interact securely and confidently in the digital world by leveraging the power of blockchain to safeguard and protect user data. The Serenity Shield platform offers a unique and innovative way to store sensitive data and document inheritance, ensuring that legacies and digital assets live on for generations. Serenity Shield’s leading product is the StrongBox® DApp, which enables individuals to reclaim control over their data, identity, and digital assets while protecting their loved ones, families, and businesses.

Learn more at serenityshield.io.

About Castrum Capital

Castrum Capital is a full-stack venture capital firm inspired by the Roman spirit. They aim to invest, mentor, and empower crypto-related startups with this spirit. Castrum Capital has deep and extensive connections in crypto and enterprises worldwide, taking deep dives into tokenomics, technical architecture, and product design. Castrum Capital provides technical, marketing, community, and partnership support for early-stage startups, helping them become industry leaders.

Learn more at castrum.capital.