Tholos

What Tholos does

Tholos is a venture-backed digital asset custody and treasury management company founded in late 2022 by Abraham Litwin-Logan and Peter Vahaviolos, incorporated in Delaware (USA) and headquartered in New York, with an operational base in Toronto. The company builds a self-custodial, multi-party computation (MPC) wallet platform using a proprietary DKLs19 cryptographic implementation that distributes key shares across vault signers so no single party — including Tholos — holds the full private key.

The platform supports 30+ blockchains, including Bitcoin, Ethereum, Solana, Cosmos, Hyperliquid, Arbitrum, Optimism, Base, Polygon, Avalanche, and additional EVM and non-EVM chains, consolidated in a single dashboard and mobile app. It offers two vault types — Standard Vaults (all key shares held by users, Tholos holds none) and Flex Vaults (Tholos holds key shares but cannot independently approve transactions) — combined with a composable policy engine that conditionally enforces approval thresholds by transaction value, recipient, blockchain, and smart-contract interaction. Native integrations include WalletConnect for dApp access, Sphere for same-day USD/EUR on/off ramp, and a TypeScript/JavaScript SDK on the Institution plan for programmatic transfers and server-side signing.

Tholos monetizes through a four-tier SaaS subscription: Team ($300/mo), Organization ($500/mo), Enterprise ($1,500+/mo), and Institution ($3,000+/mo), with Enterprise and Institution tiers priced based on assets under custody. Go-to-market combines a product-led self-serve motion (14-day free trial, ~15-minute onboarding) for smaller tiers with a demo-led enterprise sales motion for Enterprise and Institution. Target customers include crypto funds, DAOs, protocols, Web3 startups, high-net-worth individuals, and institutions managing digital asset treasuries, with named users such as Third Earth Capital, Mawari Network, D2 Finance, Genesis Trading, Aurum Capital Ventures, and Neutron DAO. Tholos holds CCSS Tier 3 certification (audited by Halborn) and follows SOC 2 Type 2 practices, and has raised a single $1.5M pre-seed round in January 2023 led by North Island Ventures and Lattice Capital.

Name

Tholos

Legal name

Tholos, Inc.

Website

https://tholos.app

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Tholos provides self-custodial MPC-based digital asset custody and treasury management across 30+ blockchains for crypto funds, DAOs, protocols, Web3 startups, institutions, and high-net-worth individuals via a multi-tier SaaS platform.

Ownership category

akta.pro rank

Product category

Digital Asset Custody

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

MPC / HSM / Key Management Infrastructure (FSADACAC)

akta.pro secondary industries

Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB), Key Management Infrastructure (HSMs, key vaults, MPC/TSS key mgmt, rotation) (FSAPACAE), Self-Custody Wallets (Consumer & Institutional) (FSADACAE), Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE)

Keywords

• MPC digital asset custody
• Multi-chain treasury management
• Self-custodial crypto wallet
• Multi-signature custody
• Blockchain treasury platform

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription (Team, Organization, Enterprise, Institution): Four subscription tiers billed monthly or annually (10% discount for annual). Enterprise and Institution are quote-based pricing starting at $1,500/mo and $3,000/mo respectively, based on assets under custody (AUC). Self-serve tiers have transparent published pricing.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Tholos provides a self-custodial MPC (Multi-Party Computation) digital asset custody and treasury management platform. It distributes key shares across vault signers so no single party ever holds the full private key, enabling multi-signer approval workflows across 25+ blockchains. The platform offers Standard Vaults (full self-custody) and Flex Vaults (operational flexibility), with a built-in policy engine, fiat on/off ramp, WalletConnect for DeFi access, and API-driven automation.

Product overview

Tholos is a unified MPC-based digital asset custody and treasury management platform offering secure multi-chain wallet solutions for teams, funds, DAOs, and institutions. The core Tholos Platform provides the foundation, supporting 25+ blockchains including Bitcoin, Ethereum, Solana, Cosmos, and Hyperliquid. Two vault types address different operational needs: Standard Vaults deliver maximum self-custody with synchronous signing for cold storage and long-term holdings, while Flex Vaults enable asynchronous approvals and advanced policy controls for active treasury operations. The platform includes a Web Dashboard for vault and policy management, a Mobile App for transaction signing, an integrated Policy Engine for conditional approval workflows, and a Fiat On/Off Ramp powered by Sphere for seamless crypto-fiat conversions. The Tholos SDK provides programmatic API access for developers on the Institution plan, enabling automated treasury workflows.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Setup in 15 minutes vs. Fireblocks at weeks
• +5 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Halborn Security PartnershipcoreImplementation/ SI/ Consulting Partner · 27 November 2023Tholos collaborates with Halborn, a Web3 security specialist, to elevate safety and trust of its services. Halborn provides penetration testing and code review services, enhancing security of digital assets and data for Tholos clients. Partnership emphasizes continuous improvement in the dynamic Web3 security landscape.
• AlturaminorStrategic or Co-development Partner · 25 June 2023Tholos partnered with Altura to provide secure digital asset management for blockchain-based gaming. Tholos's MPC-based custody solution ensures safe storage and management of gaming assets, enhancing internal security for Altura. Collaboration aimed at bringing safer gaming experiences to blockchain ecosystems.
• HalborncoreImplementation/ SI/ Consulting PartnerHalborn, a Web3 security specialist, conducted penetration testing and code review of Tholos's MPC infrastructure. The engagement confirms Tholos's DKLs19 implementation is unaffected by the Fireblocks zero-day vulnerability in GG-18, GG-20, and Lindell17 protocols. Halborn's audit validates the security of Tholos's custody architecture.
• SpherecoreTechnology or IntegrationSphere (spherepay.co) is Tholos's fiat on/off-ramp integration partner, enabling eligible business users to move between fiat (USD/EUR) and crypto (USDC) directly within Tholos. Supports wire transfers (up to $20M), ACH on-ramp (up to $1M), and ACH off-ramp (up to $100K). Active on Ethereum, Solana, and Base. Upcoming: USDT on Tron.
• WalletConnectcoreTechnology or IntegrationWalletConnect integration enables Tholos vault users to connect to decentralized applications (dApps) directly from their vault. Users copy the WalletConnect URL from a dApp, paste it in the Tholos dashboard, and can then interact with DeFi protocols, NFT marketplaces, and other onchain services while maintaining self-custody.
• Hyperliquid Ecosystem PartnerscoreStrategic or Co-development PartnerTholos is engaging with liquid/venture funds, trading firms, HNWIs, startups, and family offices to provide institutional-grade custody on the Hyperliquid ecosystem. Supports spot trading, perpetuals trading, staking, and yield strategies on Hyperliquid, with upcoming HyperEVM asset custody and dApp integration.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Liminal: Liminal is an MPC-based institutional custody platform with policy-based controls and multi-chain wallet infrastructure targeting funds and Web3 companies. It competes directly with Tholos in the institutional crypto fund and protocol treasury use cases.
• Qredo: Qredo provides institutional MPC custody with multi-chain asset management and DeFi access for funds and trading firms. It competes directly with Tholos for crypto funds and prop trading firms, offering comparable self-custodial MPC architecture.
• Cobo: Cobo is a custodial and MPC wallet infrastructure provider serving institutions, exchanges, and Web3 companies across multiple blockchains. It competes directly with Tholos in the institutional and Web3-native custody market, with broader geographic presence across Asia.
• Safe (formerly Gnosis Safe): Safe is the leading multi-signature smart contract wallet for DAOs, protocols, and crypto teams managing onchain treasuries. It competes directly with Tholos in the DAO treasury use case, with deeper EVM-only penetration versus Tholos's broader multi-chain coverage including non-EVM chains.
• Fordefi: Fordefi is an MPC wallet platform purpose-built for institutional DeFi access, offering multi-chain custody with DeFi protocol connectivity. It directly competes with Tholos in the institutional DeFi treasury use case, with similar policy engine and WalletConnect-style functionality.

Broad incumbents

• Fireblocks: Fireblocks is the leading institutional MPC custody platform, serving banks, exchanges, and funds with multi-chain asset storage, transfer, and settlement. It is the primary competitor Tholos positions against, with pricing 60x higher and a much larger sales motion targeting the same institutional customers.
• Anchorage Digital: Anchorage is a federally chartered digital asset bank providing institutional custody, trading, and staking services. It is the regulated incumbent that institutional buyers default to when compliance requirements rule out MPC-native platforms like Tholos.
• BitGo: BitGo is a regulated institutional digital asset custodian offering qualified custody, hot wallets, and staking. It competes with Tholos in the institutional multi-chain custody market, with a regulated trust company structure that many institutional buyers require.
• Coinbase Custody: Coinbase Custody is the institutional custody arm of Coinbase, providing qualified custody for digital assets with insurance and regulatory compliance. It competes with Tholos for institutional and HNW customers requiring regulated, insured custody.

Emerging players

• Dynamic: Dynamic is an embedded wallet infrastructure platform serving crypto applications with multi-chain wallet and authentication tooling. It overlaps with Tholos's API/SDK and WalletConnect-based dApp integration story but focuses on developer-facing embedded use cases rather than team treasury.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/tholosapp
• YouTubeyoutube.com/@tholosapp
• LinkedInlinkedin.com/company/tholosapp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tholos