The NFC card-format hardware wallet includes a bundled R3covery card, AI risk scanning and secure-element key storage as IoTrust targets everyday self-custody users and later institutional clients.
South Korean wallet maker IoTrust has launched D’CENT S, a card-style cold wallet that uses NFC for tap-to-sign transactions and includes a bundled R3covery card for hardware-based backup and recovery. The company says the wallet is designed for everyday self-custody and on-chain use, with private keys generated and kept inside a Common Criteria EAL6+ certified secure element and recovery through the D’CENT mobile app in under five minutes if the main card is lost, stolen or damaged. Co-founder and chief strategy officer Yu Min-ho said long-term crypto holdings should not all be kept on exchanges, arguing that demand for hardware wallets has been stronger in the U.S. since the 2022 collapse of FTX; about 60% of IoTrust’s revenue comes from the U.S. IoTrust said D’CENT S supports more than 100 blockchain networks at launch, and the company plans to expand into the institutional market in September with D’CENT Enterprise, a service built around policy-based controls, multi-step approvals and whitelisted transfer addresses.