Google has previewed a new crypto custody security system utilizing advanced Multi-Party Computation (MPC) technology, designed to eliminate single points of failure by fragmenting private keys across isolated hardware environments and disparate cloud providers. The system is positioned to combat increasingly sophisticated, AI-driven cyberattacks and automated hacking techniques targeting financial institutions and blockchain assets. Alphabet has already begun utilizing the underlying security framework to protect its own digital asset holdings across the Ethereum and Solana blockchains. Major financial institutions are currently participating in private tests of the security framework, with a formal commercial release slated…