SecondFi is ceasing operations, launching a wallet migration tool, and the recovery process for affected assets is expected to go live before September 10.

Cardano ecosystem wallet project SecondFi has announced the launch of a wallet migration tool and unveiled a recovery plan for assets affected by the June 2026 incident. SecondFi stated that as the project will cease operations, users need to migrate remaining assets still held in SecondFi wallets. The migration tool is scheduled to go live on August 13, supporting eligible ADA, Cardano-native tokens, and NFTs to be transferred to new Cardano wallets created by users’ chosen service providers. The tool currently only supports Cardano network assets; non-Cardano assets must be transferred separately via their respective networks and wallet processes. SecondFi noted that the migration tool has passed an independent security assessment by security firm Bitdefender, and users should read the official usage instructions and security tips before proceeding. Additionally, for assets affected by the June 2026 security incident, SecondFi plans to launch a recovery portal by September 10. Users can verify wallet ownership via zero-knowledge proof (ZK Proof) and submit claims for affected assets. SecondFi reminds users to only use links from official channels, including @secondfiapp, @secondfi_jp, and the official support website, to avoid phishing sites and impersonation accounts that have emerged recently.