BitGo, Inc., the digital asset infrastructure company and wholly owned subsidiary of BitGo Holdings, Inc. (NYSE:BTGO) ("BitGo"), and Silence Laboratories Pte. Ltd ("Silence Laboratories") today announced a strategic collaboration to develop quantum-safe multi-party computation, or MPC, wallet infrastructure for institutional digital asset custody and transaction signing.
As part of the collaboration, the companies completed the first post-quantum transaction simulation by a regulated custodian using MPC-based wallet infrastructure. The demonstration highlights a new approach to quantum-safe wallet infrastructure designed to help banks, custodians, exchanges, and other institutional digital asset platforms prepare for a post-quantum security transition.
The transaction was demonstrated at a private industry event hosted by BitGo and Silence Laboratories, which brought together researchers, security leaders, and industry practitioners from Google, Stanford, the Linux Foundation, leading financial institutions, and the broader blockchain ecosystem.
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