# Cypherock > Say Goodbye to loss of Crypto Cypherock is a hardware wallet company for digital asset custody. It lets users store and manage cryptocurrencies by splitting private keys across multiple devices instead of relying on a single seed phrase. Cypherock is a hardware wallet company providing non-custodial digital asset storage for individual and institutional holders. Its core product splits a private key into multiple cryptographic shares distributed across separate tamper-resistant hardware devices, removing the single point of failure created by a traditional seed phrase. The approach targets crypto holders who want to avoid the risks of paper or metal backups while retaining full control of their assets. The system addresses a common failure mode in self-custody, where losing or exposing a single seed phrase can mean permanent loss of funds. Instead, a threshold number of the distributed key shares is required to authorize a transaction, so losing any one device does not compromise access to funds, while a stolen device alone is not enough to move them. Keys are generated and reconstructed only within the hardware components, without passing through a connected computer or phone in a readable form. Beyond the flagship hardware wallet, Cypherock offers a companion desktop application for managing multiple wallet accounts and portfolios, along with an inheritance feature that lets holders arrange for beneficiaries to access assets without relying on a custodian. Its products are used by individual holders managing personal portfolios, as well as businesses and users seeking a non-custodial method for asset backup and succession planning. - Type: Company - Sector: Custody and Wallets - Status: Active - Founded: 2019-03-01 - Profile: https://thegrid.id/profiles/cypherock ## Products - [Cypherock X1](https://thegrid.id/profiles/cypherock): Cypherock X1 is a hardware wallet for self-custody of digital assets across multiple blockchains. It splits a wallet's private key into shards using a Shamir Secret Sharing scheme, storing them across an offline vault device and a set of companion cards so no single component holds a complete key. A companion desktop and mobile application lets users track balances, initiate transfers, and manage multiple wallet portfolios, while a built-in inheritance service allows owners to arrange recovery of their holdings for beneficiaries without exposing the seed to a single party. (Hardware Wallet, Live, Main Product) ## Links - [Main](https://www.cypherock.com) - [Documentation](https://docs.cypherock.com) - [Blog](https://www.cypherock.com/blogs) - [Privacy policy](https://www.cypherock.com/privacy) - [Telegram](https://t.me/cypherock) - [GitHub](https://github.com/Cypherock) - [LinkedIn](https://www.linkedin.com/company/cypherock) - [Facebook](https://www.facebook.com/cypherock) - [YouTube](https://www.youtube.com/@CypherockWallet) - [Instagram](https://instagram.com/cypherockwallet) - [Twitter / X](https://x.com/CypherockWallet) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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