Vo1t, a security ecosystem offering custody and yield services for digital assets, and Curv, a cloud-based institutional digital asset wallet service, today announced a strategic partnership to provide Multi-Party Computation (MPC) protocol security and offline storage.
The hybrid wallet established by the two parties utilizes Curv’s cryptography and policy engine to establish a mathematically secure framework for managing operational risk. Vo1t provides a trusted execution environment to hold the recovery key and a veto share for signing.
As the wallet’s administrator, Vo1t will work with clients to code their business logic and enforce the integrity of the client’s operational framework.
“When reviewing Curv’s systems and designs, we were very comfortable with their MPC cryptographic security and impressed with the policy-driven system Curv afforded our clients. Our partnership will provide clients with the benefits of a blended hot, warm, and cold digital asset treasury stack in one place, customizable to whatever their business needs may be.”
– Miles Parry, CEO of Vo1t
Institutions consistently face tradeoffs between digital asset security and liquidity. With a hybrid setup, clients can keep assets within Volt’s security ecosystem and retain instant access and complete control leveraging Curv’s solution, satisfying requirements for data security and manageable access.
“Curv is excited to have been selected by a trusted brand like Vo1t to drive the custodial business to its next level. We have deep knowledge and expertise in the protection of digital assets leveraging MPC that will enable Vo1t to expand its suite of custodial services.”
– Itay Malinger, CEO and Co-founder of Curv