New York, April 23, 2026 — Threshold Network today announced Verifiable Bitcoin Accounts (VBA), an institutional Bitcoin deployment framework built on the same signer infrastructure that has supported Bitcoin for six years, processed over $5 billion in cumulative volume, and sustained zero losses.
Verifiable Bitcoin Accounts are an account model using Bitcoin Script and Partially Signed Bitcoin Transactions (PSBTs) to define, at setup, all authorized spending paths, required signer combinations, timelocks, and recovery routes. The design enables allocators to deploy Bitcoin into onchain lending and yield markets while keeping custody arrangements segregated, auditable, and verifiable onchain.
Key principles
– Custody remains unchanged: BTC stays with the holder’s existing custody provider or self-custody arrangement. VBA works with Qualified Custodians (for example Anchorage or Fireblocks Trust), MPC custody networks, and individual self-custody, with no title transfer outside the allocator’s custody relationship. Capital is held in segregated, identifiable accounts rather than pooled funds.
– Consensus-enforced controls: All permissible outcomes — spending conditions, recovery paths, and timelocks — are encoded in Bitcoin Script and enforced by Bitcoin’s consensus rules. Every state is verifiable by any full node.
– Multi-party authorization: No single party has unilateral control. Every movement of funds requires the predefined combination of signers specified for that position, so custodian, deployer, and Threshold (or other parties) cannot act alone.
– Predefined recovery: If the normal signer set becomes unavailable, depositors can recover funds themselves after a predetermined timelock; no counterparty cooperation is required. The Bitcoin UTXO remains the system of record.
– Whitelisted deployments: Capital can only be deployed into pre-approved, risk-assessed onchain venues (examples include Aave, Morpho, Curve, and Yield Basis). Each deployment is auditable and constrained to align with institutional compliance.
Built for institutional Bitcoin finance
Rising demand for institutional onchain lending — projected to reach tens of billions by the end of 2026 — requires operational guarantees that traditional assurances alone do not provide. VBA turns any existing custody arrangement into institutional-grade infrastructure for onchain lending by ensuring every settlement route is agreed upon at setup and enforced by Bitcoin itself.
“The industry needs systems where outcomes are defined, enforceable, and verifiable from the outset. By removing reliance on counterparty discretion, VBA aligns onchain Bitcoin with the standards institutional capital requires,” said MacLane Wilkison, Co-Founder of Threshold Network.
Proven infrastructure
Verifiable Bitcoin Accounts extend the signer infrastructure of Threshold Network, the protocol behind tBTC, which has operated on mainnet for six years with over $5 billion in cumulative volume and zero losses. VBA leverages that operational track record to provide a verifiable, enforceable path for deploying Bitcoin into approved onchain strategies.
Availability and next steps
Verifiable Bitcoin Accounts are available to qualified institutional participants. Organizations interested in integration and deployment into approved onchain venues can contact the team at https://threshold.network/contact.
About Threshold Network
Threshold Network is the protocol behind tBTC, a trust-minimized Bitcoin bridge that has processed over $5 billion in cumulative volume across six years of mainnet operation with zero losses. Verifiable Bitcoin Accounts extend this infrastructure into institutional Bitcoin deployment, combining segregated custody, Bitcoin-enforced spending controls, and access to approved onchain lending markets. More information is available at www.threshold.network.
Press contact
PR, Threshold Labs
[email protected]