Changpeng Zhao said in a post on X that he is not opposed to hardware wallets or self-custody wallets, adding that different wallet types and products fit different use cases. He said each option also comes with its own security implications and best practices.
Zhao also pointed to YZi Labs’ existing wallet investments. According to his post, the firm has invested in OneKey and SafePal, both described as hardware wallets, as well as Trust Wallet on mobile. The remarks framed wallet choice as a matter of use case rather than a single preferred model, while highlighting the range of products already backed by YZi Labs.
Changpeng Zhao said in a post on X that he is not opposed to hardware wallets or self-custody wallets, saying different wallet types and products are suited to different use cases and carry different security implications and best practices.
He also said YZi Labs has already invested in several wallet products, including OneKey, SafePal, which he identified as hardware wallets, and Trust Wallet on mobile.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
