Purse Announces a Secret Project

News and Analysis

Bitcoin startup Purse announced a mysterious thing they called a “secret bitcoin project” named Tritium, which seems to be released in near future. No details regarding the project were available from the startup itself and its investors. The only information known in this respect is that the project is set to provide “new value to consumers and partners”.

Among the startup’s investors are the Digital Currency Group and Roger Ver, who, however, seems to have invested everywhere.

The startup also announced that it has raised $1 million in an investment round. Maybe this money will be spent on development of the mysterious project it teases the community with. Most probably, however, Tritium will expand the existing functionality of Purse, which deals with online marketplaces and provision of cryptocurrency services to merchants.

As long as no terms are stated, the release of Tritum should be expected at least in the Q1 of 2016.

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