Cypherock raises $1M to eliminate Seedphrases from Self-custody stack

Cypherock X1 solves the seedphrase issue of being a single point of failure and eliminates the requirement of maintaining any form of seed phrase backup. Cypherock has developed a unique way way to secure cryptocurrencies and NFTs by decentralizing the private key of the wallet into 5 individual hardware components.
submitted by /u/rohanagarwal94
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