One of the oldest software wallet providers in the cryptocurrency industry is launching its first hardware product.
Announced Thursday, Blockchain has partnered with hardware wallet maker Ledger and started taking orders for a new handheld device called Lockbox. The first batch of shipments will go out in November.
While there are a number of hardware wallets on the market, Lockbox stands out in two ways, according to Blockchain CEO and co-founder Peter Smith. First, in addition to storing funds offline like other devices, it will facilitate crypto-to-crypto trades through Swap, the company's native brokerage, which is launching next week.