Exchanges· ★★· neutral·

The Vault launches in-house MPC library for institutional custody

  • The Halborn audit covered 91 files: the cryptographic core, tests and mobile signers
  • The library implements threshold ECDSA and EdDSA signatures, distributed key generation and recovery
  • The code is written in Rust and runs both on servers and in the mobile signer
  • The Vault plans to open-source the library and is working on threshold ML-DSA and post-quantum PAKE
Why it matters: In-house cryptography gives the custodian control over patch timelines and full code verification by auditors, reducing reliance on external vendors.
Source: BeInCrypto