Jack Dorsey's payment company Block appears closer to going public with its first Bitcoin hardware wallet product, called BitKey.
, the images offer a first glimpse of Block's new Bitcoin hardware wallet, first announced in 2022, and reveal a small hexagon-shaped device complete with a fingerprint censor, which adds an extra layer of biometric security to the device.
Block's entry into the hardware wallet market comes at a time when Bitcoin security and self-custody is of paramount importance, as evidenced by the ongoing trial of disgraced former FTX CEO Sam Bankman-Fried. In previous reports, Dorsey has hinted at the company's vision for the hardware wallet, emphasizing the importance of allowing customers to maintain full control over their Bitcoin holdings. The device is expected to align with this philosophy, allowing users to securely manage their Bitcoin assets independently.
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