Case Studies/Crypto Exchange
Crypto Exchange5 min read

How Nexvault moved toward controlled MPC wallet operations

A growing crypto exchange wanted clearer wallet controls, signing policy, and ledger records before scaling deposit and withdrawal flows.

🏦
Client Snapshot
IndustryCrypto Exchange
StageScaling wallet operations
Primary needMPC signing control
ChallengeMove beyond omnibus hot-wallet controls
ProductsBROsettlement
Integration surfaceREST + WebSocket
The Challenge

What they were up against.

⚖️

Omnibus wallet controls were becoming hard to defend

The team needed a clearer operating model for user wallets, treasury movement, approvals, and the records behind each transaction.

💸

Building key infrastructure from scratch would slow the product team

MPC signing, wallet provisioning, network events, and ledger records were important, but rebuilding all of them internally would pull engineers away from the exchange product.

📉

Deposits and withdrawals needed continuity

The migration path had to let the team introduce stronger wallet controls without creating confusion for users or operations.

💰

Reconciliation needed to be designed, not patched later

Finance and operations needed one record connecting deposits, withdrawals, internal transfers, fees, and wallet state.

The Solution

BROsettlement became the wallet, signing, and ledger layer behind the exchange flow.

BROsettlement
🔑

MPC wallets provisioned through API

Wallet creation moved into a repeatable API flow, with signing policy and Co-Signer checks attached to wallet operations.

📋

Ledger records for wallet operations

Deposits, withdrawals, internal transfers, and fee movements are written into an operating ledger that finance and operations can reconcile.

💰

Policy and fee logic stay configurable

The exchange can model withdrawal rules, fee behavior, and approval paths without hard-coding every operational change.

🔗

Network events connected to the operating flow

Broadcast status, confirmations, and wallet events feed the product and operations stack through API and WebSocket surfaces.

Exchange Platform
Trading engine · Order book · User portal
BROsettlement API
REST + WebSocket · Ed25519 · RBAC
MPC Core + Ledger + Fee Engine
2-of-3 threshold · Immutable journal · Polymorphic fees
Supported Networks
TRON · ETH · BNB · BTC · SOL · and more
Integration

How it fits into
their stack.

BroLabel integrated as an API layer between the client's product and the blockchain. Their team kept full control through RBAC — BroLabel handled MPC cryptography, multi-chain nodes, and compliance infrastructure.

📅
Sandbox to live flow
A test environment lets the team validate wallet, event, and ledger flows before touching real assets.
🔐
Ed25519 auth secured from day one
Per-request asymmetric signing with IP whitelisting and nonce-based replay protection.
🤝
Dedicated integration support
BroLabel's integration team on Slack throughout — no ticket queue, no async delays.
Results

Operational outcomes.

MPC
wallet signing model
policy checks before movement
Ledger
operating record
deposits, withdrawals, transfers, and fees
API
wallet provisioning
repeatable wallet operations
WebSocket
event delivery
network and wallet lifecycle updates
Policy
withdrawal control
operator approval before signing
Review
finance workflow
records ready for reconciliation
We needed stronger wallet controls without turning the exchange team into a custody infrastructure team. BroSettlement gave us the signing policy, event layer, and ledger record we needed.
C
CTO, Nexvault
Chief Technology Officer
Anonymized crypto exchange
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