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BitGo plans to launch a quantum-protected security tool for institutional Bitcoin wallets
Golden Finance reported that on July 9, BitGo announced plans to launch a quantum protection security tool for institutional Bitcoin wallets within the coming weeks, specifically designed to help institutions "assess, manage, and reduce" quantum-related risk exposure for UTXO-type wallets.
The new tool will extend BitGo's existing multi-signature security architecture, encompassing features such as wallet key risk management, UTXO processing optimization, and enhanced institutional wallet operations. Among these, BitGo has filed a provisional patent for a new method that "groups and prioritizes UTXOs by address" to reduce the security risk of partially spent funds.