Google puts its crypto custody system into private preview for banks
Google MPC splits transaction-signing authority across separate systems; Google Cloud says commercial availability is planned for early 2027.
By Ryan Merket · Published
Primary source: x.com
Why it matters
Google is moving its cloud-security work into transaction signing for institutional digital assets. The commercial test is whether banks trust its distributed-key design and policy controls enough to use them at scale.
Nalin Mittal (@nalin), Google Cloud's Web3 product manager, says Google MPC is the team's biggest digital-assets launch to date. The service is in private preview for financial institutions, which are testing it to secure and sign transactions involving cryptocurrency and tokenized assets, CoinDesk reported on October 28th. Google is targeting commercial availability in early 2027.…
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