Kresus Inheritance lets self-custody wallet users name beneficiaries and start transfers after inactivity and identity checks without sharing private keys or seed phrases.
Self-custody wallet company Kresus has launched Kresus Inheritance, a service designed to help users pass on crypto assets without giving up control of private keys or seed phrases. The product costs $99.99 per year and allows users to designate beneficiaries, with transfers beginning only after an inactivity period and identity-verification procedures are completed. Assets remain under the owner's control until transfer. Kresus has said it does not custody assets and that the offering relies on MPC (multi-party computation security) and seed phrase-free backup features.