BitGo Launches Quantum-Protection Tools for Bitcoin Wallets, Files Patent for UTXO Management

According to BitGo, the company plans to introduce quantum-protection tools for institutional Bitcoin wallets in the coming weeks, designed to help institutions assess and reduce quantum-related exposure across UTXO-based wallets. The tools extend BitGo's multi-signature security architecture to focus on wallet-key exposure and institutional wallet management.

One tool expected in the coming weeks will group and prioritize UTXOs by address, for which BitGo said it has filed a provisional patent application intended to reduce risks tied to partially spent funds and exposed public keys. BitGo co-founder and CEO Mike Belshe said the company believes reducing the number of exposed public keys can lower future quantum-related risk while preserving existing wallet operations. According to a recent Coinbase Independent Advisory Board report, around 7 million bitcoin sit in addresses exposed to a future quantum attack.