Bitcoin hardware wallet manufacturer Foundation has announced the completion of a $6.4 million funding round led by Fulgur Ventures, with participation from Arche Capital, bringing its total funding to $16.5 million. The funds will be used to expand from Bitcoin self-custody hardware wallets into digital security infrastructure, including authentication, multi-factor authentication, and AI agent authorization. (The Block)
Foundation Completes $6.4M Funding to Expand Digital Security Infrastructure
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Summary
Foundation has secured $6.4 million in project funding, led by Fulgur Ventures and including Arche Capital, bringing the total raised to $16.5 million. The company will use the funds to expand beyond Bitcoin hardware wallets into broader digital security infrastructure, including identity verification, multi-factor authentication, and AI agent authorization. This initiative aims to address critical gaps in preventing security breaches across crypto and digital platforms.
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