Blockstream has just announced the launch of an institutional-grade digital asset custody solution, taking its partnership with Thales a step further by integrating Thales’ hardware security capabilities into the Blockstream Enterprise platform. The companies said they have been working together for two years.

According to the announcement, Secure-MPC runs the entire signing protocol inside Thales hardware security modules (HSMs), keeping key material within the secure hardware environment throughout the signing process rather than exposing it to a general-purpose computing environment. The solution also uses FROST threshold signatures, allowing multiple parties to jointly produce a signature without having to reconstruct the underlying private key.

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