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Who inherits your bitcoin when you die? Kresus wants an answer built into the wallet

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What happens to your bitcoin when you die?

For an asset class built on the premise that no one else holds your keys, the honest answer has usually been: nothing good. Self-custody hands you complete control and, in the same motion, removes the safety net that a bank, a broker or a probate court would normally provide. Lose the keys and the coins are inert. Die without a plan and your heirs inherit a puzzle they may never solve.

Kresus, a San Francisco self-custody wallet firm, put a product against that problem. Kresus Inheritance lets a user name a beneficiary who can access their portfolio only after a defined period of account inactivity has passed. Private keys are never shared during the process, the company says, and Kresus does not take custody of user assets. It costs $99.99 a year and sits inside the existing wallet.

A problem the size...

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