YZi Labs invests in hardware wallet company OneKey to drive global crypto asset self-custody security
PANews reported on June 5 that according to YZi Labs' announcement, YZi has invested in OneKey, an open-source hardware wallet company, aiming to strengthen the security and inclusive self-custody of global crypto assets. Founded in 2019, OneKey has grown rapidly in China, Japan, South Korea, Europe and other places, with an average annual growth rate of 300% in hardware wallet sales. The new funds will be used to develop next-generation hardware, enhance on-chain threat detection, expand compliance in the US, Europe and emerging markets, and strengthen its "Anzen Lab" security testing capabilities. OneKey's recently launched USDC yield module attracted more than $62 million in subscriptions.
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