Blockstream unveils offline Bitcoin custody solution with Thales to counter cyber threats

Blockstream, a leading Bitcoin infrastructure provider founded by Adam Back, has introduced a new institutional digital asset custody solution aimed at enhancing offline security. The platform, developed in partnership with French technology company Thales, is designed to offer robust protection for Bitcoin against emerging cyber threats. The newly launched custody solution integrates Thales’ hardware security modules (HSMs) with Blockstream’s Secure Multi-Party Computation (Secure-MPC) technology. According to Blockstream, this approach enables institutions to authorize transactions securely while ensuring that all sensitive cryptographic actions remain confined within the HSM.