Multisig wallets in 2026 are different from what they used to be a while back. They are no longer a jack of all trades. Right now, the best multisig wallets depend on your crypto, security needs, and even use cases. Here are the common types of multisig wallets in 2026.
Bitcoin Multisig Wallets
Bitcoin multisig wallets are one of the most common today. They rely on native scripts like P2SH (Pay-to-Script-Hash) and P2WSH (Pay-to-Witness-Script-Hash). Bitcoin wallets support multiple cosigners to approve a transaction, using M-of-N signature schemes. Plus, you can set thresholds like 2-of-3 or 3-of-5, which significantly reduces a single point of failure (SPOF).
What are the use cases?
- Long-term BTC storage
- Inheritance and wealth transfer
- Cold storage setups with air-gapped hardware.
Overall, Bitcoin multisig wallets are simple, Bitcoin-native, and highly secure. The only drawback is that they are not programmable like Ethereum smart contracts.
Ethereum and Smart-Contract Multisig Wallets
Ethereum multisig wallets are smart-contract-based and operate on EVM-compatible chains. Generally, they offer more flexibility than Bitcoin multisig. So, I recommend the Ethereum multisig for DAO treasury management, cross-chain governance, and DeFi integrations.
If you’re all about flexibility, the Ethereum smart contract multisig wallet is your best bet. You can also implement advanced features such as account abstraction (ERC-4337), gasless signatures, or multi-biometric authentication to improve security.
The use cases include:
- DAO treasuries and shared fund management
- Corporate governance for crypto-native companies
- Escrow and compliance-focused operations.
These wallets are programmable and perfect for teams or institutions managing multiple assets.
Multisig Hardware Wallet Setups
Hardware-backed multisig wallets take security to a different level by storing private keys on physical devices like Ledger, Trezor, or Coldcard. These are some of the best, most secure wallets of 2026.
On a hardware multisig wallet, each cosigner can approve transactions offline, meaning your funds stay air-gapped and safely away from online attacks. This setup makes sense for serious BTC or ETH holders who want to combine M-of-N signature schemes with cold storage and strong key loss mitigation.
Multisig hardware wallets are the key spot between self-custody and maximum protection. They offer individuals and teams peace of mind without relying on a single device or hot wallet.