Hardware wallet startup Cypherock completes $1 million financing, with participation from Infinite Capital and others

ChainCatcher news, hardware wallet startup Cypherock announced the completion of a $1 million funding round, with participation from Consensys Mesh, Infinite Capital, Gnosis, OrangeDAO, and angel investors including Stefan George (Gnosis), Sandeep Nailwal (Polygon), Mahin Gupta (Zebpay & Liminal), Prasanna Sankar (Rippling), and Furqan Rydhan (Thirdweb & F Inc).

It is reported that Cypherock was founded in 2019 and is currently developing a mnemonic-free hardware wallet "X1", aiming to create the world's first MPC-based hardware wallet, hoping to enable users to achieve wallet sovereignty management and control cryptocurrency and personal data as securely as saving in a bank. (source link)