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Foundation raises $6.4 million to expand from bitcoin hardware wallets into AI agent authorization

The Block
Hardware wallet maker Foundation secured $6.4 million to pivot from Bitcoin self-custody into broader identity and AI agent authorization security solutions.

Summary

Foundation has raised $6.4 million in a funding round led by Fulgur Ventures to scale its operations beyond Bitcoin hardware wallets. The company is evolving its technology, specifically its KeyOS platform and Passport Prime device, to provide secure authorization for AI agents and digital identity management. By leveraging dedicated, open-source hardware, Foundation aims to become a trust layer that ensures human approval for sensitive digital actions.

(Source:The Block)