NOT ANOTHER BITCOIN WALLET! Foundation Devices. Passport Prime. World's 1st Sovereign Personal Security Platform

02 May 2025 • 44 min • EN
44 min
00:00
44:48
No file found

In this in-depth conversation with Zach Herbert, Co-Founder and CEO of Foundation Devices, we explore the company's ambitious leap beyond Bitcoin hardware wallets with the launch of Passport Prime—a first-of-its-kind open-source personal security platform. Zach breaks down their new secure OS (KOS), the bold Bluetooth architecture (Quantum Link), a thriving developer ecosystem, and how Foundation is challenging industry giants like Ledger. We also touch on their subscription model, U.S.-based manufacturing strategy, Cake Wallet partnership, and roadmap to profitability. If you're a builder, investor, or privacy advocate, this is a must-watch.Interview breakdown:- Foundation Devices launches Passport Prime with major design upgrades.- Introducing Quantum Link for secure Bluetooth communication.- The new device includes 64GB storage and supports files, seeds, and 2FA.- Foundation creates KOS, a new open-source OS built for hardware security.- Third-party apps will be supported through an open developer SDK.- Cake Wallet becomes the first external app to integrate with Passport.- Foundation plans to launch a $5/month encrypted backup service.- Envoy mobile app will soon support Lightning.- Foundation is targeting profitability in Q3 2025.- Company raised $7M previously and is now raising a $2.5–3M extension.- Over half the current round is already committed, led by Arch Capital.- Foundation critiques Ledger’s UX and security model.- Foundation booth at Bitcoin 2025 conference featuring Passport Prime. ---------------------------------------------------------------------Want to get started investing in #Bitcoin startups? Fill out this form, and we'll get you started 👉 https://ltng.ventures/investors#investor-contactAlready angel investing? Join our syndicate to learn about #angelinvesting, #bitcoin companies, #lightningnetwork projects, support amazing founders, and invest in #bitcoin startups: https://angel.co/s/lightningventures/ld5f4Not an accredited investor? No problem, check out Thunder Funder where almost anyone can invest in #Bitcoin and #opensource companies 👇https://www.ThunderFunder.com Need more info on all this rad stuff? We got you!Learn about Lightning⚡️Ventures 🎸https://www.ltng.venturesLearn More About Foundation Devices 📡 https://foundation.xyz/Follow Lightning⚡️Ventures 🎸https://www.x.com/LTNGVenturesFollow Foundation Devices:https://x.com/FOUNDATIONdvcs/Follow Mike Jarmuz @mikejarmuz 🤘🏼 https://www.x.com/MikeJarmuzJoin our Lightning⚡️Ventures Telegram Channel and hang with us 🤙 https://t.me/+kDv7VYEO2fAxYmFhEarn Bitcoin Streaming Podcasts on Fountain https://fountain.fm/show/zh5K7JF2ObMmzyfzGO0tSubscribe to our audio-only podcasts below.https://podcasts.apple.com/us/podcast/lightning-ventures-investing-in-bitcoin-companies/id1615934125Give Us a Thumbs Up 👍 if You Enjoyed This Video!

From "Lightning Ventures: Investing in Bitcoin Startups"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories