io.finnet Unveils Revolutionary Trustless Self-Custody Solution, Invites Meetings at Consensus 2025

[PRESS RELEASE – Raleigh, United States, May 8th, 2025]

io.finnet, a trustless self-custody platform for digital assets founded by former professionals from Binance, Bitfinex, and the banking sector, is presenting its innovative solution powered by trustless Multi-Party Computation (tMPC). Designed to offer enhanced security and operational flexibility, the platform supports organizations of all sizes. The io.finnet team will participate in Consensus 2025, taking place in Toronto, Canada, from May 14–16, and is available for scheduled meetings to discuss the platform’s capabilities.

Redefining Digital Asset Security with io.finnet

io.finnet is transforming how businesses manage digital assets by eliminating single points of failure through its advanced tMPC technology. Unlike traditional wallets, io.finnet ensures true self-custody, with no third party—including io.finnet—holding key shares. Its platform further enhances security by fully segregating vaults, providing maximum protection and operational independence for organizations managing multiple digital asset portfolios. This trustless approach, paired with institutional-grade cryptography, delivers unmatched security for assets like Bitcoin (BTC), Ethereum (ETH), ERC-20 tokens, and exclusive tokens such as TAO.

Trusted by over 1,500 clients, including crypto SMEs, OTC desks, funds, DeFi protocols, and market makers, io.finnet offers:

• True Self-Custody: Key shares are distributed across multiple parties, ensuring no single point of failure and full user control.
• Broad Asset Support: Seamless management of major and niche assets across chains like Ethereum, Polygon, Binance Smart Chain, Arbitrum, Avalanche, and Tron, with automatic ERC-20 token detection.
• No Custody or Transaction Fees: Unlimited transaction volume and assets under custody, ideal for high-volume users.
• Transaction screening: Real-time transaction simulation and risk detection to prevent fraud, addressing vulnerabilities like those exposed in the $1.46 billion Bybit hack of February 2025.
• Virtual Signer: Automated, cryptographically enforced transaction policies with a revamped, user-friendly interface launched in March 2025.
• Exchange Connectivity: Users can securely monitor and manage assets across 14+ major exchanges, including Binance, Coinbase, and Kraken.

A Response to Industry Challenges

The recent Bybit hack, which saw $1.46 billion in ETH stolen due to blind signing and centralized vulnerabilities, highlights the urgent need for trustless solutions. io.finnet’s tMPC and Blockaid-powered transaction validation eliminate these risks by ensuring users verify every transaction before signing. “The Bybit breach was a wake-up call,” said Jacob Plaster, CTO of io.finnet. “io.finnet empowers businesses to operate securely, whether managing treasury, trading, or engaging with DeFi.”

Meet io.finnet at Consensus 2025

The team will be on-site to connect with industry leaders and innovators. Users can contact the team to schedule a one-on-one meeting and discover how io.finnet delivers enterprise-grade security, seamless multi-chain support, and cost-effective asset management. Users will be able to explore features like the mobile app for biometric transaction approvals, customizable gas fee settings, and open-source disaster recovery tools.

• When: May 14-16, 2025
• Where: Toronto, Canada
• How: By reaching out via iofinnet.com to book a meeting

Users can learn more at iofinnet.com and join the conversation on X and LinkedIn.

About io.finnet

Founded by ex-Binance, ex-Bitfinex, and banking veterans, io.finnet is a U.S.-based company with teams in Miami, London, and Singapore. Its mission is to empower businesses with secure, trustless digital asset management. Trusted by over 1,500 clients, io.finnet supports a wide range of assets and networks, integrates with major exchanges, and offers open-source, audited cryptography. With no fees on custodied assets or transactions, io.finnet delivers unmatched flexibility and security for the future of finance.