Swan Launches New Bitcoin Storage Service for Enhanced Security

Bitcoin financial services firm Swan introducing "collaborative custody" service using Blockstream's Jade wallet.

Enables users to retain control of their BTC while knowing it's stored securely offline.

Combines multi-signature wallet with third-party assistance for backup and transfers.

Aims to enhance user experience of bitcoin storage with security.

Comes after collapses like FTX reminded users of risks of not controlling own keys.