Coinspeaker
Trezor Marks 10th Anniversary with New Products Launch
Hardware crypto wallet provider Trezor is in the mood for celebration after reaching the milestone of being in business for ten years. As part of its celebration, the Czech-based firm has launched three new self-custody products. The new Trezor products are a new wallet, a proprietary private key backup solution, and a Bitcoin BTC-only wallet.
Trezor Unveils 3 New Products
In its official announcement dated October 12, Trezor disclosed that the new wallet, dubbed Trezor Safe 3, would support over 7,000 cryptocurrencies. According to the firm, the new product is an indicator of how far it has come with its ambition of providing entry-level hardware wallets. Trezor Safe 3 comes nearly five years after the firm released the Trezor Model T back in February 2018. Although the new wallet retains the firm’s unwavering commitment to open-source development, there’s now an addition in that it applies open-source principles even to its security component. To this end, the company has chosen a third-party secure element vendor such that it may publish potential loopholes as soon as they are discovered.
The hardware company also confirms that the new wallet will sell for $79. They are available in four colors solar gold, stellar silver, galactic rose and cosmic black, the announcement says.
Alongside its new hardware wallet, the firm is also rolling out its own physical private key storage solution. The product, which is called Trezor Keep Metal, is considerably similar to the average physical backup solution in the market. That is, the Trezor Keep Metal is designed in a way that allows users to keep their recovery even in extreme cases of fire or water accidents. But more than its safety, Trezor paid more attention to the usability of its private key backup. According to CEO Matej Zak, the detailed attention to usability is part of a larger plan to boost global crypto adoption. Trezor Keep Metal goes for $99 on average.
Lastly, the firm also released a limited edition BTC-only hardware wallet, featuring only 2,013 devices.
Since Trezor was founded in 2013, it has gone on to become one of the largest global providers of hardware wallets. Its first-ever wallet, the Trezor One, was released in 2014 and is still selling to date.
