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1inch Network enters the hardware wallet business

1inch's hardware wallet is undergoing its final stages of development and testing before being released for sale later this year. The hardware wallet will be a physical device that claims to offer a secure way to store users' private keys offline, and comes alongside 1inch's existing web-based wallet.

The move shows the project's efforts to diversify its business. The 1inch team noted: “As the 1inch Network is eager to expand its ecosystem of products and projects, here comes the 1inch hardware wallet, a cutting-edge solution for cold crypto storage."

Tags

defi, 1inch