Airbitz, the San Diego-based bitcoin wallet provider and creator of the Edge Security SDK, today announced the launch of its equity crowdfunding campaign powered by Wefunder.



Founded in 2011, Wefunder is a crowd investing platform that offers capital raising services. According to its website, Wefunder helped pass the ‘Jumpstart Our Business Startups Act’ (JOBS Act), which was signed into law by President Barack Obama on April 05, 2012.



According to the official announcement, Airbitz is the first company to use Wefunder’s BitPay integration and will enable anyone from cryptocurrency enthusiasts to mainstream investors to support companies using bitcoin. This will be in full SEC compliance supported by Title III of the JOBS Act.



The Title III of the JOBS Act went into effect in earlier this year in May and relates to raising capital through crowdfunding. Airbitz is the first blockchain-focused company to take advantage of this.



“We’ve built a security model that ultimately protects the end-user and is robust enough to handle the storage, backup, and synchronization of sensitive data,” said Airbitz CEO Paul Puey. “The campaign will accelerate progress towards the creation of secure, user-friendly, decentralized applications by powering additional functionalities, digital currency support, and integrations for decentralized apps.”



Airbitz allows users to securely access a multi-blockchain world using a frictionless, single sign-on experience — all while retaining complete control over their private keys and authentication. Developers can now leverage Airbitz’s open-source, “plug-and-play” Edge Security SDK for their decentralized apps, instead of having to create their own security solutions from scratch.