Trezor, a provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing three self-custody products, including a new Trezor wallet. It is expected it will also include a proprietary private key backup solution and a Bitcoin (BTC $26,698) only wallet.
Sources revealed that on October12, 2023, the Czech Republic-based company officially announced the launch of Trezor Safe 3, its hardware wallet. The wallet is believed to support more than 7,000 cryptocurrencies. The firm mentioned that the new wallet launch is expected to be an important milestone in Trezor’s provision of entry-level hardware wallets.
It is believed that the price of Trezor Safe 3 is about $79 and is available in four colors: solar gold, stellar silver, galactic rose and cosmic black, Cointelegraph added.
Trezor has also introduced its own physical private key storage solution, Trezor Keep Metal. The safety of a seed phrase or a private key is believed to be more important than the safety of a hardware wallet device itself. Furthermore, users can restore access to the wallet even if a hardware wallet is lost or damaged, Cointelegraph concluded.
(With insights from Cointelegraph)