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Tomorrow Labs, maker of crypto inheritance wallet, to shut down

Tomorrow Labs, a cryptocurrency wallet startup designed to pass digital assets to heirs, is shutting down months after it was founded. Fintech Futures reported the company was launched earlier this year by CEO Johnny Reinsch and CTO James Tse in Santa Monica, California, and raised investment from institutional backers including Draper Associates. Reinsch said interest existed but too few users took action, and customers were told to move assets by Oct. 9.