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Google Cloud Plans Institutional Crypto Asset Custody Service

1 reports1 sourcesupdated 3 hours ago

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AI-assisted source synthesis · not an independent investigation.

On October 29, 2026, Finance Magnates reported that Google Cloud is developing a crypto asset custody service for financial institutions. The service is currently in private preview and is planned to become commercially available in early 2027. It uses Google Multi-Party Compute to distribute transaction-signing authority across multiple systems, supporting the protection and transfer of cryptocurrencies and tokenized assets. The report mentioned that the service covers Ethereum and Solana, and that Bitcoin transaction controls have also been updated.

AI-written from reports · updated 3 hours ago

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Oct 29
  1. Finance Magnates
    Google Cloud plans to launch institutional crypto asset custody service in early 2027

    Google Cloud is developing a crypto asset custody service for financial institutions. The product is currently in private preview, with commercial availability planned for early 2027. Google Multi-Party Compute supports the protection and transfer of cryptocurrencies and tokenised assets by distributing transaction signing authority across multiple systems; the service covers Ethereum and Solana, and Bitcoin transaction controls have also been updated.

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