Fressets, Inc. Implements First Japanese Offline Multi-Sig Solution to Protect Private Wallet Keys with Thales HSMs
Fressets, Inc. Implements First Japanese Offline Multi-Sig Solution to Protect Private Wallet Keys with Thales HSMs
3 PagesFressets Inc., a Japanese crypto wallet provider, enhanced security by integrating Thales ProtectServer HSM into its Fressets EWM System, becoming Japan’s first offline multi-signature (multi-sig) wallet solution. The HSM stores private keys offline, preventing key theft even if servers are compromised. Supporting multiple cryptocurrencies, the system ensures financial institution-level protection. Fressets implemented threshold signature technology, enabling multi-sig without restoring private keys, creating a fully offline cold wallet environment. The solution reduced internal fraud risks, met compliance standards, and gained strong interest from banks and securities firms expanding into digital assets.
