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HARDWARE WALLET MARKET ANALYSIS

Hardware Wallet Market, By Wallet Type (Hot Wallet and Cold Wallet), By Connection Type (Near-field Communication, Bluetooth, and USB), By End User (Commercial and Individual), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jun 2024
  • Code : CMI5101
  • Pages :161
  • Formats :
      Excel and PDF
  • Industry : Semiconductors

Key Developments

  • October 2023 saw Trezor a cold storage wallets for crypto providers unveiling of two new products: Trezor Safe 3 and Trezor Metal. Trezor Safe 3, the third generation of its flagship hardware wallet, boasts support for over 1,000 coins and tokens, featuring a larger touchscreen, faster processor, USB-C port, and redesigned interface.
  • In July 2023, the Chinese Central Bank introduced a digital yuan "hard" wallet system based on offline SIM cards, enabling users to conduct transactions in the central bank digital currency (CBDC) using powered-off phones, potentially extending usability to 2G devices.
  • In May 2023, SecuX a hardware walled provider, entered into a strategic collaboration with Trend Micro, introducing the W20 Trend Micro edition cold wallet pre-loaded with Trend Micro ChainSafer blockchain reputation service. The W20 offers users comprehensive protection across Web2 and Web3, enhancing anti-counterfeiting, authentication, and anti-fraud capabilities.

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