The planned service targets banks exploring blockchain payments, tokenisation and crypto custody, placing Google in competition with established digital asset security providers.
Google is preparing to introduce a new security service designed to help banks and other financial institutions protect cryptocurrencies and tokenised assets. Called Google Multi-Party Compute (MPC), the product is being showcased at the company’s inaugural digital assets symposium in New York City. It remains in private preview, with commercial availability planned for early 2027.
The system uses multi-party computation to distribute cryptographic key shares across separate environments, reducing the risk of a single…
