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CUNICULA

Foundation Passport

Open source Bitcoin hardware wallet. QR-only, air-gapped, no USB.

foundation.xyz

Open source Bitcoin hardware wallet. QR-only, air-gapped, no USB.

Common useCold storageWalletOperator dataHosted
Identity checksZero KYCNo document check recorded · identity exposure level 0/4
Evidence and riskVerified evidenceCautionMaterial claims checked against current sources.; those sources show trade-offs worth reading.
Last reviewedReviewed 22 Jun 2026KYC checked 22 Jun 2026 · verified jurisdiction · Source → official siteHow to cite this pageEvidence confidence94/100
Evidence and facts

Evidence and facts

JURISDICTIONUS
CAUTIONFoundation is a US company. Passport keeps keys on the device and publishes its hardware and firmware source. Purchase and shipping records can still identify the buyer.
AUDITED BYNo audit listed
OPERATOR DATAHosted operator recorded
EVIDENCE CONFIDENCE
THIRD-PARTY REPORTED6/11
Why evidence is 94/100Formula 3.1
Source coverageMaterial claims checked against current sources
+70
Review ageOldest recorded check is 62 days old
+24

Full scoring method

LAST CHECKED2026-06-24
LAST UPDATED2026-03-13

Specs

DOCUMENT CHECKNone recorded
IDENTITY EXPOSURELevel 0/4
KYC TRIGGERSNo account needed. No KYC. Hardware purchase may expose shipping address.
FEE$199 (one-time hardware)
NETWORKSBTC
CATEGORIESWallet
COMMON USESCold storage, Open source hardware, QR-based signing
FEATURESAir-gapped QR signing, Open source hardware, Open source firmware, Bitcoin-only, MicroSD backup, Envoy companion app, No computer required, PSBT via QR code
TORNot listed
REGIONSGlobal availability
Review analysis, source material, related services, and history

About

Air-gapped Bitcoin hardware signer transferring data by QR, paired with the Envoy companion app.

Analysis

OVERVIEW

Foundation Passport signs transactions entirely through QR codes, with no USB or Bluetooth connection at all, and raised a $7M Series A from SV Angel, Ten31 and Lightning Ventures around an open source hardware and firmware design.

LIMITS

Foundation Devices is a US entity, which the record places in Five Eyes jurisdiction even though the device itself holds no keys or server-side data; the record also lists no named third-party audit and notes a hardware purchase can expose a shipping address.

USEFUL FOR

Cold storage and QR-based signing where open source hardware verification matters more than phone-connected convenience.

Sources · reviewed 2026-07-16

Corporate identity

Registry-sourced, not audited. The facts below come from cited web research rather than a direct registry query. Each claim links its own source.

LEGAL ENTITY
Foundation Devices, Inc.source ↗
REGISTRATION NO.
0001877524source ↗
INCORPORATED IN
Delaware, United Statessource ↗
INCORPORATED ON
2020source ↗
REGISTERED ADDRESS
6 Liberty Square #6018, Boston, MA 02109, United Statessource ↗
OFFICERS
  • Zachary Herbert (CEO, Director, Cofounder)
  • Kenneth Carpenter (CTO, Director, Cofounder)
  • Oleg Mikhalskiy (Director)
  • Jacob Johnston (Cofounder & VP of Operations)
source ↗
Registry research · reviewed 2026-08-09

Frequently Asked Questions

Is identity verification required?

No identity verification is recorded for typical use. No account needed. No KYC. Hardware purchase may expose shipping address.

Which payment methods are accepted?

Accepted payment methods: BTC.

Where is it available?

Recorded availability: GLOBAL.

Is the operator based in a Five Eyes country?

Yes. The recorded jurisdiction is US, a Five Eyes country (US, UK, CA, AU, NZ). This is jurisdiction context and does not by itself establish that a service is safer or less safe.

How are identity, operator, and evidence fields reported?

Identity exposure is level 0 of 4. A hosted operator is recorded. Jurisdiction is shown as context, not a safety verdict. Evidence confidence is 94/100 and recorded risk is caution.

Which payment networks are supported?

Accepted networks: BTC.

Related Services

Sources and history

Terms and privacy policy

No changes to the documents we watch since we started checking on 9 Aug 2026. Last checked 9 Aug 2026.

Evidence basis: Claims on this page are linked to published sources for comparison, not certification, audit, endorsement, or recommendation; read the methodology and coverage map before relying on an entry.