TechFlow news — Cypherock, a hardware wallet startup, has announced the completion of a $1 million funding round. The investment was led by Consensys Mesh, Infinite Capital, Gnosis, and OrangeDAO, along with angel investors including Stefan George (Gnosis), Sandeep Nailwal (Polygon), Mahin Gupta (Zebpay & Liminal), Prasanna Sankar (Rippling), and Furqan Rydhan (Thirdweb & F Inc).
Founded in 2019, Cypherock is currently developing X1, a seedless hardware wallet aiming to become the world's first MPC-based hardware wallet. The company seeks to empower users with full control over their wallets while ensuring security comparable to traditional banking systems for managing cryptocurrencies and personal data.Source link
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