Answer:
Cypherock is a Web3 security company founded in 2019 that builds solutions for self-custody of digital assets. Its flagship product, the Cypherock X1 hardware wallet, eliminates the need for traditional seed phrases by splitting private keys into 5 encrypted components (1 vault + 4 NFC cards) using Shamir’s Secret Sharing. Any 2 of the 5 are enough to recover and authorize transactions, drastically reducing the risks of theft or accidental loss.