Share this article
This $100K Luxury Swiss Watch Will Have a Built-In Crypto Wallet
A. Favre & Fils, a luxury Swiss watchmaker that traces its history back three centuries, is developing a mechanical timepiece with a built-in crypto wallet.
Updated Sep 13, 2021, 8:48 a.m. Published Jan 14, 2019, 5:00 a.m.
A. Favre & Fils, a luxury Swiss watchmaker that traces its family history back three centuries, is developing a handcrafted mechanical timepiece with a built-in crypto-wallet.
The company announced last week that the watch will have crypto “cold wallet” and “state of the art proprietary security solution” based on blockchain technology.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
A. Favre & Fils CEO Laurent Favre said in a statement:
“We have developed this first timepiece with the idea of offering something useful for the crypto-community, not simply something to spend their money on.”
A company representative told CoinDesk that the watch will cost in the range of CHF100,000 – CHF150,000 (or $102,000 – $153,000), depending upon the model and its features and materials.
The watch will “guarantee ultimate in-data security and privacy protection”, the company said, adding that the first prototype will be released during the second quarter of 2019.
“You have to keep adding relevant features that advance the design. It’s a bit like figuring out the future of steam engines in the age of electric trains,” Favre was quoted as saying to SWI swissinfo.ch, a news outlet owned by the Swiss Broadcasting Corporation.
Luxury watch image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
APT Gains 1.8% to $1.76 Despite Token Unlock Overhang
Trading volume spiked as institutional players position ahead of $19.8 million supply increase.
What to know:
- APT climbed 1.8% to $1.76.
- Volume surged 46% above monthly averages as traders repositioned.
- Dec. 12 token unlock event creates $19.3 million supply overhang.
Top Stories
