Is MPC custodial or non‑custodial?

It depends on key control. MPC can be structured as either.

Do custodial wallets need licenses?

Often yes, depending on jurisdiction and business model.

Custody determines risk, compliance, and user responsibility.

Custodial wallets store keys on behalf of users; non‑custodial wallets put keys in users’ control.

Custodial models simplify UX; non‑custodial models reduce liability and regulatory load.

Exchanges often use custodial; Web3 apps often use non‑custodial or MPC hybrid models.

Custodial requires strong security and compliance. Non‑custodial risks user error and loss.

Custodial is best when user simplicity matters. Non‑custodial is best for Web3‑native audiences.

If your business is exploring wallet, tokenization, or stablecoin infrastructure, our team can help design and build the right solution.