Theya's collaborative multisig vault takes the stress out of DIY multisig. It allows non-technical users to easily access higher levels of security with their individual or shared self-custody of bitcoin.
Create a Multisig Vault (2-of-3)
Download Theya and create an account.
Set up your recovery key with Theya.
You will be prompted to answer three security questions.
This will be your third key, acting as a backup for fund recovery purposes.
For your first key, choose either a hardware device or a mobile key.
Hardware device pairing instructions are provided upon selection.
The mobile key is generated in-app and stored in your phone's secure enclave with the option to backup via iCloud Keychain (highly recommended).
For your second key, select another hardware device or add a cosigner.
Hardware device pairing instructions are again provided.
Note: With all singlesig or multisig wallet setups, it's at the user(s) discretion how to secure and store their physical hardware devices and recovery seed phrases.
With a recovery key set up and your two keys added, your collaborative multisig vault with Theya is ready to receive funds.
Create a Multisig Vault (3-of-5)
Coming soon. Follow Theya for updates.
Tutorial Videos
Watch @JoeConsorti quickly set up 2-of-3 multisig vaults using a variety of devices.
Mobile Key & Ledger Nano X
Coldcard MK4 & Trezor Safe 3
Subscribe to Theya for market updates and more tutorials.
Adding A Cosigner (Shared Custody)
A cosigner, a trusted contact like a family member or financial advisor, can be assigned to the vault as a key holder through an email invitation.
Set up your recovery key with Theya and first key as described above.
For your second key, select 'Invite Trusted Contact'
Name the key and invite the cosigner via email.
Instructions for setting up a mobile key or pairing a hardware device will be sent to the cosigner's email.
Who Is Shared Custody For?
Collaborative shared custody makes sense in a variety of scenarios. For families, it’s a way to share the responsibilities of self-custody and prevent one person from being a single point of failure. Some may prefer to invite a financial advisor as a cosigner, where a household holds one key, and the other is under professional management. In a similar fashion, a small business might want to split keys between two shareholders or invite a financial manager as a cosigner to reduce internal risks.
Regardless of the situation, Theya is a solution. The modularity of hardware devices for cold storage, mobile keys for convenience, the ability to invite cosigners, and the peace of mind of a recovery key means flexible multisig configurations for shared custody.
Schedule a free consultation to discuss your specific needs!
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