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Understanding business key configurations (Business-only vs. Theya-assisted)

Joe Consorti avatar
Written by Joe Consorti
Updated over 2 weeks ago

Every Business Vault in Theya is secured using a 2-of-3 multisig structure. This means three keys are tied to the vault, and any two of them are required to move funds. Theya allows your business to fully customize how those keys are distributed, giving you the flexibility to choose between full self-custody or recovery support through Theya.


Why your key setup matters

Your key configuration affects how your company manages operational control, handles emergencies, and scales access securely across your team. With Theya, you can adapt your setup to match your internal structure and risk profile.


Option 1: Business-only configuration

  • All three keys are held by your business.

  • This provides maximum sovereignty and privacy.

  • No external party, including Theya, has access to your vault.

  • Ideal for companies with dedicated security teams or strict internal protocols.

Tradeoffs

  • There is no recovery support if two keys are lost or compromised.

  • Your business is fully responsible for redundancy, backups, and key integrity.


Option 2: Theya-assisted configuration

  • Two keys are held by your business, and Theya holds the third.

  • Your team retains full control of all day-to-day treasury operations.

  • Theya’s key is used only for recovery and cannot be used to initiate transactions.

  • This setup is useful for teams that want support during onboarding, personnel changes, or emergencies.

Advantages

  • Provides a built-in recovery path if a key is lost.

  • Reduces internal operational burden without compromising self-custody.

  • Offers flexibility for growing teams and evolving organizational structures.


You can change your configuration at any time

  • Assign or reassign keys across team members or devices.

  • Move from Theya-assisted to business-only configuration, or vice versa.

  • Maintain full control while adjusting your setup to meet evolving business needs.


📈 Get started with Theya for Business

Secure your corporate treasury, eliminate custodial risk, and manage your bitcoin with confidence.
Visit business.theya.us to create an account or schedule a demo.

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