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Google Debuting a Bank-Grade Crypto Custody Tool Built on Split Keys: Report

Google Debuting a Bank-Grade Crypto Custody Tool Built on Split Keys: Report

Photo: Bitcoin Magazine

Google is previewing a crypto custody system that splits private keys across separate environments, with several banks testing it ahead of a planned early 2027 launch. Google is reportedly unveiling Google Multi-Party Compute, a crypto custody system that splits signing keys across separate systems, at its first digital assets symposium in New York today. The product is in private preview with several financial institutions. Alphabet has started using it to secure its own assets, according to CoinDesk reporting . Google plans commercial availability in early 2027 and has not disclosed pricing. The system applies multi-party computation to a signing key.

Source: Bitcoin Magazine

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