Google Previews Multi-Party Compute Crypto Custody Tool for Banks, Launch Set for 2027
Google introduced Multi-Party Compute, a custody system that splits crypto private keys across multiple parties, at its first digital assets symposium in New York on October 28, 2026. Banks could hold one key share, with others distributed across Google Cloud and rival providers, requiring a threshold of shares to sign any transaction. Google says a commercial launch is planned for early 2027, though pricing and partners have not been disclosed.