Google to Preview Crypto Custody Security System as AI Threats Grow

Google is preparing to unveil its Multi-Party Compute (MPC) security system for cryptocurrency custody, currently in private preview. Major financial institutions are testing the technology, and Alphabet is using it to secure its own digital assets on Ethereum and Solana. The move comes as artificial intelligence heightens threats to digital asset security. MPC splits cryptographic keys among multiple parties, reducing single points of failure. Google's entry signals growing institutional demand for robust custody solutions. The system could set a new standard for safeguarding crypto assets against evolving cyber risks.