Hedgehog Launches On-chain MPC Self-custody Automations

We're pleased to announce to the world that SEC-registered* u/Crypto-Hedgehog is releasing on-chain, self-custody digital asset wallets that use secure multi-party computation ("MPC") to trade automatically in the background! You can try it out today at https://hedgehog.app or download the app on iOS and Android.

Here are some key benefits:

• The wallets are self-custodial, which means that if our business ends for some reason, your wallet continues to live on, no migrations or deprecations required. Just pick up your private key shards, reconstitute the key, and use any other wallet software. MetaMask even has a Snap for easy import!
• Being close to base layer of your wallet means we can generate signatures and addresses for any ECDSA-compatible chain. Unlike EVM-based smart contract wallets, our MPC wallets are easily expandable to support Cosmos IBC, Bitcoin L2s, Doge, and many more.
• Our dear friends at Capsule are powering the MPC, so between us you have adjustable capabilities regarding what permissions to provide and which types of transactions third-parties can co-sign; and you can withdraw third-party access at any time!

Pretty cool, right? And this is only the beginning, our goal is to slowly decentralize out to networks of key hosts and registered solvers that plug into the relevant jurisdictions to ensure that everything is above board from a compliance perspective, and to make interacting with web3 simpler by abstracting away the inventory and network management that plagues web3 applications today. If you’re interested in building this future, please do reach out!

Watch the demo or read more in our launch announcement.

* Being registered as an investment adviser does not imply a certain level of skill or training. This is not investment advice, nor an offer to buy or sell securities. Assets are not SIPC or FDIC insured. Investing involves risk, including loss of principal, and digital assets may not be suitable for all investors. For risks pertaining to MPC wallets, see relevant disclosures in form ADV-2A.