PrimeVault is a security and risk management platform that utilizes multi-party computation (MPC) for transaction signing and decentralized governance through on-chain smart contracts, enabling institutional self-custody with zero counterparty risk. The platform enhances operational efficiency by automating treasury operations and risk monitoring, allowing institutions to securely manage assets across multiple chains and protocols while minimizing exposure and compliance burdens.
Funding
$500K 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.
Founders
Product
Problem
Institutions managing digital assets face challenges in securing their holdings against internal and external threats while maintaining operational efficiency. Existing custody solutions often involve trade-offs between security, control, and the ability to actively utilize assets across multiple chains and protocols.
Solution
PrimeVault offers a self-custody platform that leverages multi-party computation (MPC) and on-chain smart contracts to provide institutional-grade security without counterparty risk. The platform's MPC-powered transaction signing and decentralized governance enable fine-grained access controls and policy enforcement. By automating treasury operations and risk monitoring, PrimeVault allows institutions to securely manage assets across multiple chains and protocols, minimizing exposure and compliance burdens. The solution provides a single window to manage an entire portfolio, access DeFi opportunities, and automate on-chain transactions.
Target Audience
PrimeVault targets institutions such as funds, market makers, exchanges, and prop traders that require secure and efficient self-custody solutions for managing digital assets.
Features
- MPC-powered transaction signing with a decentralized blockchain co-signer
- Fine-grained custody governance rules and access controls enforced by on-chain smart contracts
- Multi-TEE setup for hardware-level private key isolation
- Geographically distributed MPC node clusters for high performance and fault tolerance
- Multi-chain, multi-asset, multi-protocol support, including custom assets
- Secure key backup and recovery options
- Autonomous Signing Infrastructure (ASI) for pre-authorized on-chain automations
- Integration with external venues like exchanges for secure trading activity