Finance2 sources
Google Unveils Multi-Party Compute for Crypto Custody
- Google is unveiling Google Multi-Party Compute, a crypto custody system that splits signing keys across separate systems.
- The product is currently in private preview with several major financial institutions.
- Alphabet, Google's parent company, is using the system to secure its own digital assets on Ethereum and Solana.
- The announcement was made at Google's first digital assets symposium in New York.
- The system is designed to enhance security as AI threats to digital assets grow.