# Ownbit > MultiSig and cold wallet for professionals, families, and teams Ownbit is a self-custody MultiSig and cold wallet. It lets individuals, families, and teams approve transactions with several signers or sign offline on a spare phone. Ownbit is a non-custodial MultiSig and cold wallet for mobile. It lets users hold digital assets with keys encrypted on the device, sign transactions offline, and require approvals from several signers. It serves individuals, families, and teams that want to remove single points of failure. Cold wallet mode turns a spare phone into an offline signer that exchanges only QR codes with an online watch wallet. MultiSig wallets set approval thresholds across multiple blockchains, and company treasuries can add roles, whitelists, and spend limits. An inheritance feature lets owners pass Bitcoin to heirs without sharing a seed phrase. The Ownbit wallet app is the main product, with a web console for managing and co-signing MultiSig wallets in a browser. Self-recovery guides let users restore assets without relying on the company. Ownbit is used by individuals, families, and organizations that manage shared funds. - Type: Company - Sector: Custody and Wallets - Status: Active - Founded: 2017-12-01 - Profile: https://thegrid.id/profiles/ownbit ## Products - [Ownbit Wallet](https://thegrid.id/profiles/ownbit): Ownbit Wallet is a mobile self-custody wallet with built-in cold wallet and MultiSig modes. Users keep keys encrypted on the device, sign offline on a spare phone through QR codes, or require approvals from several signers across multiple blockchains. Family plans, role-based company treasuries, and a browser console for co-signing extend the same wallet to shared funds. (Wallet, Live, Main Product) ## Links - [Main](https://ownbit.io) - [Terms of Service](https://ownbit.io/en/terms-of-use) - [Privacy policy](https://ownbit.io/en/privacy-policy) - [Blog](https://ownbit.io/en/blog) - [Documentation](https://ownbit.io/en/docs) - [Telegram](https://t.me/ownbit) - [Twitter / X](https://x.com/OwnbitWallet) - [GitHub](https://github.com/bitbill) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP