YZi Labs has officially announced a strategic investment in OneKey, a prominent provider of open-source hardware wallets, as part of its mission to strengthen global crypto security and promote secure self-custody.
OneKey’s hardware wallets are specifically engineered to help users take full control of their digital assets, especially in a landscape where concerns over exchange hacks, custodial mismanagement, and regulatory crackdowns continue to grow.
YZi Labs’ investment aligns with its vision to strengthen DeFi infrastructure
The investment aligns with YZi Labs’ vision of supporting decentralized finance (DeFi) infrastructure and user sovereignty.
OneKey’s open-source architecture enhances transparency and trust, allowing independent verification of the wallet’s security features. This makes it an attractive solution not just for individual crypto holders but also for institutions seeking compliant and verifiable custody solutions.
OneKey’s products support a wide range of blockchain networks and assets, offering seamless and secure integration with decentralized applications.
The wallet’s emphasis on usability and open design also contributes to broader adoption by both crypto novices and experts alike.
YZi Labs backs OneKey to boost global growth and crypto security tools
Through this partnership, YZi Labs aims to accelerate OneKey’s global expansion and innovation pipeline, bringing enhanced crypto asset protection tools to a wider audience.
The move further reflects a growing trend among crypto-focused firms to invest in foundational security layers as digital asset adoption accelerates worldwide.
“We’ll continue to support gateway products like OneKey that empower users to take control of their assets with confidence and security, driving broader adoption and trust in web3,” said Nicola Wang, Investment Director at YZi Labs.
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YZi Labs backs OneKey to fast-track secure wallet development
OneKey will be able to produce next-generation hardware wallets with improved security features more quickly thanks to YZi Labs’ financing.
Additionally, the money will help advance smart contract parsing and on-chain threat detection, strengthening wallets against emerging crypto attacks.
OneKey intends to increase its user acquisition and compliance initiatives in important areas, such as emerging markets, Europe, and the United States. Using its OneKey Anzen lab, the team—which includes specialists from ByteDance, DJI, and OPPO—will investigate and stress-test hardware vulnerabilities.
The goal of this project is to provide new security guidelines for self-custody. In order to promote innovation and create more reliable solutions for the expanding decentralized finance (DeFi) market, OneKey will also cultivate a global developer ecosystem.
OneKey draws $62M after USDC Earn launch, signaling whale interest
Following the launch of its USDC-based Earn module, OneKey attracted over $62 million in subscriptions within a short period, underscoring its rising popularity among high-net-worth individuals.
This strong interest signals a growing demand for secure, on-chain yield solutions. OneKey Founder and CEO Yishi Wang humorously remarked that the platform is evolving into an “on-chain private wealth desk for whales.”
Looking ahead, Wang sees immense potential in on-chain yield opportunities, beginning with protocol incentives and Liquid Staking Token (LST) rewards.
The company also plans to expand into structured financial products, aiming to provide more sophisticated, yield-generating tools while maintaining the robust security standards that OneKey is known for in the self-custody space.
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