Crypto

Filipino-built crypto wallet Ryder gets a $3.2M boost

October 17, 2025
Image from Ryder

Using crypto in the Philippines? You might want to check out this startup. Ryder is a consumer crypto hardware wallet that makes owning crypto easier and safer. 

  • Now, they just raised a $3.2M seed. 

Investor check. Tim Draper (founder, Draper Associates) led the round, while Anatoly Yakovenko (founder, Solana), Joe McCann (founder, Asymmetric), Borderless Capital, Semantic, Smape, and VeryEarly, also joined in.

  • Ryder previously raised $1M in 2022. 

👛 Get in Ryder

Ryder’s hardware wallet, Ryder One, promises users high-grade crypto security. Oh, and it takes less than a minute to set up!

  • They offer a TapSafe recovery feature, a proprietary experience that removes the need for traditional seed phrases, which is often the point of failure in crypto storage.
  • Think of seed phrases as the password to unlock a hardware crypto wallet. 

Did you know? The Philippines ranked in 9th place in the 2025 Global Crypto Adoption Index, according to Chainalysis.

🛬 What’s with the $$$? 

They’ll strategically deploy to ramp production, grow their marketing and engineering teams, and further develop the wallet. 

  • They’ll also double down on marketing the brand globally!

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