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Google Previews MPC-Based Crypto Custody Service Targeting Early 2027

The design splits signing authority across independent parties, runs pre-signature policy checks inside Confidential Space, lets banks retain custody control, aims to block transfers from stolen keys.

Overview

  • Google presented Google Multi-Party Compute at its New York digital assets symposium on Wednesday and said it expects commercial availability in early 2027 pending private-preview results.
  • The service uses multi-party computation (MPC) to divide a private key into separate shares so transactions can be signed without ever assembling the full key on one machine.
  • A policy engine inside Google Confidential Space evaluates transfer requests against limits, destination rules and approval requirements before any signature is produced.
  • Alphabet is already using the system to protect unspecified assets on Ethereum and Solana while several unnamed major financial institutions are in a private preview of the product.
  • Key commercial details remain open: Google has not released pricing, named partners, performance benchmarks or a firm launch date beyond the early‑2027 target, and the company says post‑quantum signing support has no announced timetable.