Bitcoin hardware wallet maker Foundation has raised $6.4 million in a funding round led by Fulgur Ventures, with participation from Arche Capital. This investment aims to support the company's expansion into identity verification, multi-factor authentication, and AI agent authorization. With this latest funding, Foundation's total capital raised has reached $16.5 million.
In conjunction with the funding announcement, Foundation has launched its flagship device, Passport Prime, for commercial use. The device offers a comprehensive suite of features, including a Bitcoin hardware wallet, FIDO security key, 2FA storage, a confidential vault, and 50 GB of encrypted storage. Additionally, Foundation has made its KeyOS platform SDK available to developers, enhancing its ecosystem's accessibility and functionality.
Foundation Secures $6.4M to Expand Bitcoin Wallet Capabilities
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.