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Michael Ou is the CEO of CoolBitX, a company that develops hardware wallet solutions for cryptocurrency.
CoolWalletS is a mobile hardware wallet that supports Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, and ERC20 tokens.
1Interview
2019First on the show
Mar 2019Latest appearance
11 minOn camera
11:21
Latest interview · Mar 17, 2019Michael Ou on CoolBitX's mobile hardware wallet for cryptoWatch the episode →
Key points
- CoolWallet S is a credit card-sized hardware wallet combining cold storage security with hot wallet ease of use via Bluetooth smartphone connectivity.
- The wallet supports Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, and ERC20 tokens with integrated coin-to-coin swap functionality through Changelly.
- CoolBitX has sold over 150,000 units worldwide since launching the first generation in 2015 and the second generation in 2017.
- The company targets smartphone users rather than laptop users, positioning itself differently from USB-based competitors like Trezor and Ledger.
- CoolBitX is expanding into the US market and pursuing partnerships with institutional companies like Gemini and Coinbase while seeking strategic investment.
In their own words
“Our company started since 2014 and we rolled out our first generation Coolwallet in 2015. So far we've sold over 150,000 units worldwide.”
