21M Insurance and Cobo collaborate to integrate MPC wallet security for Bitcoin life insurance, aiming to deliver compliant blockchain-native infrastructure to the insurance sector.
According to an official announcement, 21M Insurance has partnered with Cobo to employ Multi-Party Computation (MPC) wallet technology in securing Bitcoin-denominated life insurance and asset custody. The initiative focuses on providing blockchain-native and compliant infrastructure tailored to the trillion-dollar insurance market, while ensuring high-level asset protection. Future collaboration plans include expansion into tokenized policy asset management and lending protocol custody.