Trezor’s 10th Anniversary: New Wallets, Bitcoin Support

Trezor, a leading provider of hardware cryptocurrency wallets, is commemorating its tenth anniversary by launching three self-custody products, including a new Trezor wallet, a proprietary private key backup solution, and a Bitcoin-only wallet.

On October 12, the Czech Republic-based company announced the official release of Trezor Safe 3, its brand-new hardware wallet that supports more than 7,000 cryptocurrencies.

The company emphasized that the introduction of the new wallet represents a significant milestone in Trezor’s provision of entry-level hardware wallets.

The release of the Trezor Safe 3 wallet arrives almost five years after the Trezor Model T was introduced in February 2018.

Trezor Safe 3 is sold for $79 and is offered in four colors: solar gold, stellar silver, galactic rose, and cosmic black. According to the announcement, the new wallet device maintains Trezor’s commitment to open-source development by employing open-source principles in the security component.

Trezor Safe 3 hardware wallets. Source: Trezor

Trezor has selected a third-party secure element provider that permits it to disclose any vulnerabilities it discovers. Trezor has introduced its own tangible private key storage solution, Trezor Keep Metal, in addition to the Trezor Safe 3.

As previously reported, the safety of a seed phrase or a private key is far more essential than the safety of a hardware wallet device itself, as users can restore access to the wallet even if a hardware wallet is lost or damaged.

Trezor Keep Metal backup tool. Source: Trezor

Trezor Keep Metal shares many similarities with other tangible backup solutions on the market, allowing users to safeguard their data against fire, water, acids, and impacts.

The secondary tool is constructed from corrosion-resistant stainless steel and has a watertight seal. Trezor Keep Metal, according to Trezor CEO Matej Zak, is an additional essential component of Trezor’s commitment to enhancing usability to increase global cryptocurrency adoption.

To celebrate the company’s anniversary, Trezor’s Bitcoin-only hardware wallet was released with a limited quantity of 2,013 devices.

The announcement notes that in recognition of Bitcoin’s ability to empower individuals in disadvantaged and marginalized communities, Trezor will donate $21 from each sale to the Trezor Academy, a Bitcoin education initiative.

Trezor, founded in 2013, is one of the largest global providers of hardware wallets, enabling users to store Bitcoin and other cryptocurrencies.

Trezor’s first wallet, the Trezor One, was released in 2014 and is still available for purchase. It provides the fundamental capability of storing multiple coins for an extended period of time.