Theya is a modular bitcoin self-custody solution. In addition to collaborative multisig vaults, users can create and manage singlesig vaults. A singlesig vault is secured by one private key (backed by a recovery seed phrase) and requires only one signature to send a transaction.
Singlesig vaults are convenient for on-chain payments and movements of funds. They are also ideal for consolidating bitcoin in self-custody before moving to a multisig vault. This approach offers the robust security of self-custody while maintaining convenience.
Singlesig Vaults With Theya
Hold and maintain your own private keys.
Theya is non-custodial, meaning user(s) have control of their bitcoin.
Create a singlesig vault with a mobile key or by pairing hardware devices.
Manage multiple vaults secured by different of devices—all with one app.
Every modular key option for multisig can be used to create a singlesig vault (and vice versa). This means that if you pair a device to create a singlesig vault, it can double as one key in your 2-of-3 multisig vault.
Mobile Key
Create a singlesig vault with a mobile key (your phone) for a quick self-custody solution. Receive, hold, and send bitcoin (on-chain), with the convenience of signing a transaction with FaceID or your phone's passcode.
Free
Immediate setup
Sign transactions on-the-go without needing a hardware device.
Private key is stored in the secure enclave of your phone.
Backup with iCloud Keychain for recovery purposes.
Hardware Device
Pair a hardware device with Theya and create a singlesig vault for simplified cold storage. Receive, hold, and send bitcoin (on-chain) with the peace of mind that your private keys are held offline.
Theya supports a variety of hardware devices (with more on the way)
Pair brand new hardware wallets and/or devices you are already using
Why Use A Singlesig Vault?
There are endless ways to utilize the modular nature of Theya. Here are two general scenarios where a singlesig vault can compliment a multisig vault for individual self-custody.
A user wants to withdraw bitcoin from an exchange into self-custody, but it's not a large enough amount to justify moving to a multisig vault.
A user wants to the benefits of cold storage, but plans on moving these funds in the near future; preferring the ease, and lower transaction cost, of singlesig.
Schedule a free consultation to discuss your specific needs!
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