Y Combinator-Backed Theya Unveils Bitcoin Solutions for Businesses

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Y Combinator-Backed Theya Unveils Bitcoin Solutions for Businesses

Theya, a self-custody platform for Bitcoin that is supported by Y Combinator, has introduced Theya for Business, a new solution aimed at assisting companies in securely holding, managing, and transacting with Bitcoin.

This platform is designed for a diverse array of organizations, such as startups, mining companies, corporations, investment funds, and service providers. Theya for Business seeks to streamline treasury operations by removing the dependency on custodians and simplifying the complexities of conventional multi-signature (multisig) wallet configurations.

“With Theya for Business, we’ve developed more than just a vault—it’s your company’s Bitcoin operating system,” stated Joe Consorti, Head of Growth at Theya. “Our platform is built to adapt to any team structure and workflow, providing organizations the freedom to operate on a Bitcoin standard without compromising control or simplicity.”

Theya’s infrastructure enables businesses to establish single-key or 2-of-3 multisig vaults based on their operational requirements. These vaults are suitable for both cold storage and everyday expenditures.

Organizations can register and start configuring their vaults through the Theya for Business website. Established in San Francisco, Theya is committed to developing solutions that emphasize security, transparency, and user-friendliness for Bitcoin users.