📰 Google launches crypto custody for banks based on MPC
Google is entering the crypto asset custody market: the company is launching a custody service for banks using MPC (multi-party computation), a technology that makes it possible to store keys without a single point of vulnerability.
Ethereum is supported at launch. A broader rollout of the service is planned for early 2027. The service is aimed at institutional clients—primarily banks.
Google is competing with players such as Fireblocks and Copper, which already hold a significant share of the institutional crypto asset custody market.
$GOOGLB
$ETH
$USDC
Google is entering the crypto asset custody market: the company is launching a custody service for banks using MPC (multi-party computation), a technology that makes it possible to store keys without a single point of vulnerability.
Ethereum is supported at launch. A broader rollout of the service is planned for early 2027. The service is aimed at institutional clients—primarily banks.
Google is competing with players such as Fireblocks and Copper, which already hold a significant share of the institutional crypto asset custody market.
$GOOGLB
$ETH
$USDC
