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Trezor, a prominent manufacturer of hardware cryptocurrency wallets, is commemorating its 10th anniversary by unveiling three self-custody products, which include a new Trezor wallet, a proprietary solution for private key backup, and a Bitcoin (BTC)-exclusive wallet.
The company, based in the Czech Republic, officially revealed the launch of Trezor Safe 3, its latest hardware wallet that supports over 7,000 cryptocurrencies, on Oct. 12. The firm emphasized that the introduction of the new wallet signifies a significant milestone in Trezor’s offering of entry-level hardware wallets.
The debut of the Trezor Safe 3 wallet occurs nearly five years after the hardware wallet company introduced the Trezor Model T in February 2018. Priced at $79, Trezor Safe 3 is available in four colors: solar gold, stellar silver, galactic rose, and cosmic black.
Trezor Safe 3 hardware wallets. Source: Trezor
The new wallet device upholds Trezor’s dedication to open-source development, implementing open-source principles in the use of the security component, as noted in the announcement. Trezor has selected a third-party secure element vendor that enables it to disclose any potential vulnerabilities it identifies.
Alongside the Trezor Safe 3, Trezor has also launched its own physical private key storage solution, Trezor Keep Metal. As previously reported by Cointelegraph, the protection of a seed phrase or private key is significantly more critical than the security of the hardware wallet itself, as users can regain access to the wallet even if the hardware wallet is lost or compromised.
Trezor Keep Metal shares many features with similar physical backup solutions available in the market, allowing users to safeguard their recovery under various conditions against fire, water, acids, and impacts. The backup tool is constructed from corrosion-resistant stainless steel with a watertight seal.
Trezor Keep Metal backup tool. Source: Trezor
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According to Trezor CEO Matej Zak, Trezor Keep Metal represents another vital aspect of Trezor’s commitment to improving usability to enhance global crypto adoption.
“It is very easy to use in the way that it is because all the other solutions usually have some kind of conversion so that you need some numbering system against the word,” Zak stated in an interview with Cointelegraph reporter Gareth Jenkinson.
“Whereas here, it’s very intuitive in a way that you just punch in the actual letter from the word onto the steel,” the CEO added.
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Available for $99, Trezor Keep Metal enables users to store 12-word and 24-word standard backups. The Trezor Keep Metal designed for three 20-word Shamir backups retails for $249.
Lastly, Trezor’s Bitcoin-only hardware wallet was launched to celebrate the company’s anniversary, featuring a limited-edition run of only 2,013 devices. In acknowledgment of Bitcoin’s capacity to empower individuals in underprivileged and marginalized communities, Trezor will contribute $21 from each sale to support the Trezor Academy, a Bitcoin education initiative, as noted in the announcement.
Founded in 2013, Trezor is among the largest global providers of hardware wallets, enabling users to store cryptocurrencies such as Bitcoin. Trezor’s inaugural wallet, the Trezor One, was launched in 2014 and remains available for purchase, providing the fundamental functionality of securely storing multiple coins long-term.
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