YZi Labs announced an investment in OneKey, and the funds will be used to iterate the next generation of hardware devices and strengthen on-chain threat detection and contract analysis capabilities

Odaily News YZi Labs announced its investment in the open source hardware wallet project OneKey, aiming to enhance the security of global crypto assets and provide users with a low-threshold self-custody solution.
OneKey was founded in 2019, with teams in China, Japan, South Korea, Dubai and Italy. In three years, user asset protection has increased 11 times, and annual sales of hardware wallets have increased by an average of 300%. The product is open source, secure and easy to use, and is favored by users in Asia, Europe, Australia and Brazil.
This round of financing will be used to iterate the next generation of hardware devices, strengthen on-chain threat detection and contract analysis capabilities, and accelerate compliance and user growth plans in the United States, Europe and emerging markets. YZi Labs said that OneKey is the "key entrance to Web3" and will help global users control their assets with peace of mind.