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Google Cloud details MPC custody service for institutional Bitcoin

Google Cloud details MPC custody service for institutional Bitcoin
Photo: Grendelkhan / CC BY-SA 3.0 / Wikimedia Commons
AI summary

Google Cloud has outlined a preview of its multi-party computation (MPC) service aimed at institutional Bitcoin custody, unveiled alongside a New York symposium on digital asset security. The move signals Big Tech's deeper push into crypto infrastructure, potentially lowering barriers for institutions seeking secure custody. Traders may read it as incremental validation of Bitcoin's institutional adoption, though no live product or client commitments were disclosed.

Narrative history
1 linked story · 2 outlets · since 28 Oct
  1. 2H AGO
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    Google Cloud details MPC custody service for institutional Bitcoin
    Cointelegraph · Score 45
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