Google previews crypto custody security system ahead of 2027 launch

Google has unveiled plans for a crypto security service that distributes private-key control across separate computing environments, targeting commercial availability in early 2027 as financial institutions seek stronger protection for digital assets. Google is previewing an institutional crypto security service, with commercial availability targeted for early 2027. Alphabet reportedly uses the technology to secure unspecified digital assets on Ethereum and Solana. MPC distributes transaction-signing authority across separate environments instead of concentrating control in one private key. Google's proposed service would compete with established institutional security providers, including Fireblocks and Fordefi.

Also reported by TronWeekly, TheStreet Crypto.

Source: crypto.news