Google Cloud is scheduled to unveil Google Multi-Party Compute in New York on October 28, a service designed for financial institutions that custody and transfer cryptocurrencies or tokenized assets. Several institutions are already testing the solution in private access, including Alphabet, which uses it to protect its own assets on Ethereum and Solana, without disclosing their nature or value. The service distributes signing authority across multiple environments and checks every transaction through limits, approved destinations, or multiple approvals. Commercial availability is planned for early 2027, with no pricing announced.
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