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Hardware wallet manufacturer Foundation completes $6.4 million in funding, led by Fulgur Ventures
Deep Tide TechFlow News, May 21, According to The Block, Bitcoin hardware wallet manufacturer Foundation completed a $6.4 million funding round, led by Fulgur Ventures, with Arche Capital participating. The funding aims to accelerate expansion from Bitcoin self-custody wallets to identity verification, multi-factor authentication, and AI proxy authorization fields. After this funding, Foundation's total funding amount reached $16.5 million.
Meanwhile, Foundation announced that its flagship device Passport Prime is officially on sale and opened the KeyOS platform SDK to developers. The device integrates a Bitcoin hardware wallet, FIDO security key, 2FA storage, confidential vault, and 50 GB encrypted storage.