Hardware wallet manufacturer Foundation secures $6.4 million funding, led by Fulgur Ventures

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