Bitcoin hardware wallet maker Foundation raises $6.4 million in funding, led by Fulgur Ventures.

CoinFeed reported on May 21 that, according to The Block, Bitcoin hardware wallet provider Foundation has completed a new round of funding of $6.4 million, led by Fulgur Ventures with participation from Arche Capital and others. The funds will be used to expand from self-custodied Bitcoin wallets to applications such as identity verification, multi-factor authentication, and AI agent authorization. This round brings the company's total funding to $16.5 million. Valuation and round structure were not disclosed. Foundation also announced that its flagship device, Passport Prime, is now available to all users. Passport Prime integrates a Bitcoin hardware wallet, FIDO security keys, 2FA storage, a confidential information vault, and 50GB of encrypted storage, emphasizing "human authorization" through dedicated hardware.