What is Cypherock Cover - Crypto Inheritance?
What happens to your crypto assets after you're no more? Ensure a seamless crypto inheritance process with Cypherock Cover. Non-custodial, secure, and hassle-free estate planning for your digital assets. Works with Cypherock X1 hardware wallet.
Problem
Crypto holders currently rely on insecure methods (paper, hardware wallets) for passing on assets, which can be lost or inaccessible. secure methods for inheriting crypto assets
Solution
A non-custodial hardware wallet integration tool enabling users to create secure crypto inheritance plans via multi-signature authorization. Example: Set beneficiaries who can access assets posthumously using Cypherock X1 wallet.
Customers
Crypto holders and investors (25-50 years old, tech-savvy), blockchain enthusiasts, and financial advisors managing digital assets.
Unique Features
Non-custodial structure, multi-signature authorization, integration with Cypherock X1 hardware wallet, legal compliance frameworks for inheritance.
User Comments
Solves a critical gap in crypto estate planning
Easy to set up with hardware wallet integration
Trustworthy due to non-custodial approach
Peace of mind for long-term investors
Addresses a niche but vital need
Traction
Launched in 2024 on Product Hunt, integrated with Cypherock X1 (10,000+ units sold globally). Founders have 500+ followers on X.
Market Size
Global cryptocurrency market cap reached $1.2 trillion in 2024, with ~420 million crypto users needing estate planning solutions (Chainalysis 2023).
