Swan Trinity Bitcoin Custody Product Set for Q4 Launch
Swan Bitcoin CEO Cory Klippsten announced a three-party custody setup with BitGo where clients hold zero keys, with delivery planned for Q4.
Swan Bitcoin plans to launch a custody product called Swan Trinity in which clients hold none of the keys. CEO Cory Klippsten stated that Swan, BitGo, and one additional firm will each control one key piece under the arrangement.
Details still missing
The product is scheduled for delivery in the fourth quarter. No information has been released on the identity or role of the third firm, the technical security model, or the intended client base and expected volumes.