Google Launches Cryptocurrency Storage Platform

Google is developing a platform for storing cryptocurrencies and tokenized assets based on Multi-Party Computation technology.

MPC technology distributes cryptographic keys across multiple independent environments, significantly reducing the risk of hacking and theft.

The commercial launch of the platform is expected in early 2027. The solution will be presented today at a Google symposium dedicated to digital assets in New York.

Major financial institutions are already testing the new system, although their names have not yet been disclosed.

Alphabet is already using this technology to protect its own digital assets in the Ethereum and Solana blockchain networks.