SAN FRANCISCO, CALIFORNIA, UNITED STATES, July 26, 2024 /EINPresswire.com/ -- MPCVault, a leading non-custodial Web3 wallet designed for teams, has achieved a significant milestone by surpassing $1.5 billion in on-chain transactions in the past week. This achievement reflects MPCVault's substantial customer growth and underscores its position as a key player in the decentralized finance (DeFi) space. Trusted by over 1,000 global companies, including major exchanges, crypto venture capitals, and Web3 firms, MPCVault continues to set the standard for secure and efficient treasury management across multiple blockchain networks.

MPCVault offers robust omni-EVM support, enabling seamless interactions across all Ethereum Virtual Machine (EVM) compatible chains. This feature is particularly advantageous for venture capital firms and projects building on layer two (L2) solutions. By providing a multisig wallet that operates flawlessly across various EVM chains, MPCVault ensures secure and efficient management of digital assets. This capability simplifies treasury management and enhances operational efficiency for entities that require secure and scalable solutions across multiple blockchain networks. The integration of omni-EVM support solidifies MPCVault’s position as a vital tool for projects aiming to leverage the flexibility and interoperability of the EVM ecosystem.

The MPCVault Browser Plugin is a versatile extension that allows users to connect and interact with decentralized applications (dApps) supporting the MetaMask protocol. This extension provides seamless connectivity to dApps via WalletConnect V1 & V2 or directly through the Chrome browser extension, ensuring compatibility with a wide range of decentralized services. Users can connect to any dApp without restrictions, even allowing for the integration of custom, private dApps with their MPCVault wallet. For dApps not yet compatible with WalletConnect V2, the browser plugin offers a reliable alternative, ensuring continuous access to the decentralized ecosystem. This feature enhances user experience and flexibility, making MPCVault a valuable tool for engaging with various protocols and applications in the Web3 space.

Designed as a multisig wallet for businesses, MPCVault offers a comprehensive suite of operational features that streamline treasury management and enhance security. Users can manage treasuries across different blockchain networks using multiple addresses, ensuring flexibility and efficiency. The platform supports batch processing for tasks such as payrolls, expenses, and airdrops, significantly reducing administrative overhead. Shared accounts facilitate Web3 logins for team members, while multisig security features adapt based on transaction type and volume to provide an additional layer of protection. Hierarchical management tools allow for precise control and delegation among team members, and RAW asset management ensures robust oversight of all digital assets. These features make MPCVault an essential tool for businesses looking to optimize their blockchain operations.

What distinguishes MPCVault from its peers is its pioneering use of multiparty computation within a multi-cloud environment. By employing advanced Trusted Execution Environments (TEEs) like Intel SGX and AMD SEV, MPCVault minimizes risks of data breaches and system compromises. The platform's commitment to security is further fortified through end-to-end encrypted communication with public key pinning, creating an impenetrable zero-trust architecture.

MPCVault's milestone of surpassing $1.5 billion in on-chain transactions within a week highlights its growing adoption and reliability in the DeFi space. With its robust operational features, advanced security measures, and multi-chain support, MPCVault continues to provide businesses and teams with the tools needed for efficient digital asset management. As the platform advances, MPCVault remains dedicated to enhancing its offerings to meet the evolving needs of its global user base.

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About MPCVault: MPCVault is a state-of-the-art multi-sig, non-custodial crypto wallet that empowers businesses and web3 teams by facilitating secure, efficient, and intuitive management of digital assets across multiple blockchain environments.

Julie
MPCVault
julie@mpcvault.com
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