The Good Tech Companies - Billionaire Tim Draper Leads $3.2M Seed Round for Ryder to Replace Seed Phrases With TapSafe

Episode Date: October 20, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/billionaire-tim-draper-leads-$32m-seed-round-for-ryder-to-replace-seed-phrases-with-tapsafe. Other participants include venture capital firms Borderless, Semantic, Smape, VeryEarly, as well as angel investors Anatoly Yakovenko, Co-founder of Solana, and Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #chainwire, #press-release, #blockchain-development, #crypto-exchange, #hardware-wallet, #crypto-adoption, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Ryder announces close of a $3.2M seed funding round led by Tim Draper, Founder of Draper Associates. Other participants include venture capital firms Borderless, Semantic, Smape, VeryEarly, as well as angel investors Anatoly Yakovenko, Co-founder of Solana, and Joe McCann, CEO of Asymmetric.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Billionaire Tim Draper leads $3.2 million seed round for Ryder to replace seed phrases with TapSafe by Chainwire. Singapore, Singapore, October 18th, 2025, Chainwire Singapore, Singapore, 17, October 2025, Ryder. The company behind the EASIosto use crypto hardware wallet, Rider 1, that gives users Crypto Security in 60 seconds or less, announces the close of a $3.2 million seed funding round, led by Tim Draper, founder of Draper Associates. HTTPS colon slash www.w-W.w. YouTube.com slash embed slash underscore Utage 4-Chi-1. Other participants include venture capital firms borderless, semantic, Smape, very early,

as well as Angel Investors Anatoly Yuccovenko, co-founder of Solana, and Joe McCann, CEO of Asymmetric. The funding will be used to ramp a production, scale the marketing and engineering teams, and further develop Riders flagship product, Rider 1. It will also enable the next big marketing push and raise brand awareness. Greater than, we created Ryder because we experienced firsthand how fragile and greater than intimidating self-custody can be. Louise Ivan Payowal, co-founder and CEO of Greater Than Ryder, added, for too long, crypto has relied on seed phrases, a single piece greater than of paper that could decide the fate of your entire wallet. Marvin Jansen, greater than co-founder and CTO of Ryder, shared, greater than, with Ryder 1,

we set out to make crypto feel natural and human, as easy as greater than tapping your phone. By simplifying the overall experience and rethinking greater than recovery, we're opening the door for anyone, anywhere to truly and confidently greater than own and use crypto. Greater than Tim Draper, founder of Draper Associates and Satoshi Trillionaire. added, greater than, what the crypto industry needs more than anything right now are solutions greater than that don't require in-depth technical knowledge while maintaining high greater than security standards. This is exactly what I saw in Ryder's hardware wallet with greater than its minute or under setup and offline design that keeps users' holdings greater than safe.

Ryder 1 introduces TapSafe recovery, a robust recovery solution for crypto wallets. Tap safe backups are spread across mobile phones and coin-sized NFC recovery tags. These backups have to physically be brought together and other to restore access to the wallet in the case of loss. Tap safe is redundant, self-custodial, and eliminates the single point of failure that has existed with seed phrases until now. Greater than customers can use Ryder one to safely create and backup their wallet within greater than 60 seconds. Julian Noree, CPO of Ryder said, three years, countless greater than iterations, one mission, to make self-custody effortless for everyone. Looking ahead, the Ryder team is expanding their vision to everyday use cases, enabling people to use cryptocurrency directly from their hardware wallet with Ryder's companion app for

TAP to Pay and other seamless, real-world transactions. Ryder is guiding the future of how billions of people will use and integrate digital assets in their daily lives. About Ryder Ryder Ryder is changing how people interact with crypto by creating world-class products that make it safer, simpler, and more social. The company's flagship product, Ryder 1 introduces a tap-based experience that makes securing and using crypto as simple as tapping a phone. Ryder was co-founded by Louise Ivan Payawall and Marvin Jansen, both veterans in the crypto space, and joined by Julian Nurey, with over 10 years of consumer electronics experience. Ryder has received investments from Tim Draper of Draper of Draper Associates, Borderless Capital, Semantic Ventures, Smape, Very Early, Anatoly Yucavanko of Solana, Joe McCann of Asymmetric, and other leading crypto investors. Contact marketing lead Nishita Satchdev Rydernishita at writer.Ide. This story was

published as a press release by Chainwire under Hackernoon Business Blogging Program. Do your own research before making any financial decision. Thank you for listening to this Hackernoon story, read by artificial intelligence. Visit hackernoon.com to read, write, learn and publish.