Crypto self-custody firm Casa has announced the launch of its self-custody solution called Praetorian, designed to offer governments the ability to establish national bitcoin reserves. The concept of nation-state bitcoin treasuries is gaining traction, following the US government's announcement of plans to create a strategic reserve of one million BTC. Casa CEO Nick Neuman believes that self-custody is a superior option to using third-party custodians, as it eliminates the risks associated with holding assets with outside parties. Casa's solution uses Bitcoin's multi-signature functionality, and its Sovereign Recovery protocol ensures accessibility to bitcoins even if Casa is unavailable. Neuman aims to challenge the status quo and promote self-custody for government reserves.



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