Circuit Security offers an Automatic Asset Extraction (AAE) platform that safeguards digital assets against loss from key compromise or system failures. Its chain-agnostic solution integrates with existing wallet infrastructure to instantly sweep assets to secure environments, ensuring recoverability and mitigating operational downtime for institutions.
Funding
$4.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
NPFounders
Product
Problem
The digital asset industry faces significant risk of asset loss due to private key compromise, system failures, or operational errors. Current recovery mechanisms are often manual, slow, and increase the attack surface, leading to substantial financial losses and operational disruptions.
Solution
Circuit Security provides an Automatic Asset Extraction (AAE) platform designed to ensure the recoverability of digital assets even in the event of key loss or system failures. The platform enables the instant sweeping of assets to secure, pre-defined environments, mitigating operational downtime and protecting institutional reputation. Circuit's technology integrates with existing wallet infrastructure, including MPC, multisig, and HSM solutions, to provide a chain-agnostic recovery solution. This approach eliminates the dependency on private keys for asset access, offering a robust fallback for critical digital asset operations.
Target Audience
The primary target audience includes institutional investors, custodians, and enterprises managing significant digital asset portfolios that require robust failover and recovery mechanisms.
Features
- Automatic Asset Extraction (AAE) technology for proactive asset recovery.
- Seamless integration with MPC, multisig, and HSM wallet providers.
- Chain-agnostic support for diverse digital assets, including BTC, ETH, and SOL.
- Programmable triggers for manual or automated asset sweeping based on predefined conditions.
- Transactional policy adherence to maintain compliance with existing financial protocols.
- Tailored control configurations for individual clients, departments, and specific wallets.
- Dashboard for real-time monitoring of balance changes and system updates.
- Circuit Security does not hold private keys, ensuring client control over their cryptographic material.