METACO Works with Unbound on Market-First Solution in Digital Asset Management

​METACO,the leading provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem, has announced that it has partnered with Unbound Tech to implement a cutting-edge market-first solution in digital asset management. 

Established in 2015, METACO has developed specialist, high-grade cryptographic solutions that can be fully integrated into a bank’s core processes.

Under the partnership, they will leverage METACO’s institutional operating system, which was launched in 2018, to offer firms a pre-eminent solution incorporating both Hardware Security Module (HSM) and Multi-Party Computation (MPC) technology for the management of digital assets and SILO.

The new solution will make an important influence for large financial institutions because the expansion is a market-first in institutional custody infrastructure. In the past, firms usually had to choose between deploying either HSM or MPC technology. However, this expansion offers firms an unprecedented degree of flexibility in choosing the best-fit custody solution for their use-case, and enables clients to tailor security deployments to best fit their needs, as well as configure deployments according to the life-cycle of their use-case now.

According to the firms, the new solution results in an expansion in METACO’s institutional operating system for digital assets, SILO, to offer firms unparalleled flexibility in deploying either HSM or virtual HSM secured with MPC for key management of their digital asset management solution. The two are forging on a combined steadfast commitment to revolutionizing digital asset management and security.