Uphold introduces beneficiary designations for assets held in Vault

By Erick León

English translation of the article originally published on October 25, 2026. Dates and reporting status reflect the original article.

Uphold introduced a feature for designating beneficiaries of assets in its Vault service, according to a CoinMarketCap report covering an October 23 announcement.

The tool requires an approved claim before transferring the assets and allows the beneficiary to be changed or removed. Its operation must be assessed alongside the service terms and documentation requirements.

Vault uses an assisted self-custody model in which the user holds two of three keys. Losing both can mean permanent loss. Naming a beneficiary does not replace understanding key recovery or the subscription’s obligations and renewals.

Source: report consulted via CoinMarketCap. Reporting cutoff: October 25, 2026.

Illustrative image generated with artificial intelligence; it does not depict the event described.

Original article in Spanish.

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