The multi-signature wallet MPCVault completed a $3 million seed round financing in March 2022, with participation from Fenbushi Capital and others

ChainCatcher news, according to TechCrunch, the multi-signature wallet MPCVault completed a $3 million seed round financing last March, with participants including Fenbushi Capital, Tess Ventures, Youbi Capital, and individual investors such as Renren founder Chen Yizhou and Meituan's former CFO Ye Shuhong.

It is reported that MPCVault is a non-custodial multi-signature wallet that uses multi-party computation technology to provide transaction approval solutions, which means users cannot directly access the complete private key and can set policies that require multiple signatures before a transaction is approved. MPCVault's wallet solution is equipped with a security layer that can scan phishing websites, detect suspicious behavior, check interactive addresses, and perform semantic analysis and transaction simulations to help users understand what transactions they are actually signing.