hardware wallet manufacturer Foundation completes $6.4 million funding round, led by Fulgur Ventures

Odaily reported that Bitcoin hardware wallet manufacturer Foundation has announced the completion of a new $6.4 million funding round, led by Fulgur Ventures with participation from Arche Capital. The total cumulative funding has now reached $16.5 million. The new capital will be used to expand its business from Bitcoin self-custody hardware wallets into a broader digital security infrastructure, including identity verification, multi-factor authentication, and AI agent authorization. Foundation is extending its "self-custody and hardware trust model" into more complex smart agent and digital identity scenarios. (The Block)