Today's Crypto Storage Solutions & Wallets for Institutions

Today's Crypto Storage Solutions & Wallets for Institutions

What secure, enterprise-grade crypto storage solutions (wallets) currently exist on the market? Fireblocks' Head of APAC & Vice President, Product Strategy and Business Solutions, Stephen Richardson, explains.

There are two types of enterprise-grade crypto storage solutions (wallets) exist in the market: Multisig wallets (ex: Bitgo, Coinbase, Gemini, Paxos) and MPC wallets (Ex: Unbound, SharpX, Fireblocks).

At Fireblocks, we are seeing a shift from a multisig wallet approach to more MPC-based wallets as a basis of servicing.