According to The Block, Bitcoin hardware wallet manufacturer Foundation has completed a new round of financing of $6.4 million, led by Fulgur Ventures with participation from Arche Capital and others, aimed at expanding from Bitcoin self-custody wallets to scenarios such as identity, multi-factor authentication, and AI agent authorization. This round of financing brings the company's total funding to $16.5 million, with valuation and round structure undisclosed.
Foundation also announced that its flagship device, Passport Prime, is now available for sale to all users, integrating a Bitcoin hardware wallet, FIDO security key, 2FA storage, confidential information vault, and 50 GB of encrypted storage, emphasizing "human authorization" through dedicated hardware. In addition, the company is expanding the scope of the KeyOS developer platform and plans to launch the KeyOS app store by the end of the second quarter, with initial partners including Cake Wallet.
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