Lose your Bitcoin keys? Liana’s new ‘Safety Net’ recovery could save you

Lose your Bitcoin keys? Liana’s new ‘Safety Net’ recovery could save you originally appeared on TheStreet.

For Bitcoin holders worried about losing access to their wallets, Liana has introduced a game-changing solution: the Safety Net Recovery Service. It’s an optional feature designed to give users a backup plan — without giving up self-custody.

Think of it as a hybrid insurance policy for your wallet “You can choose to have a trusted third party become a key recovery for you in case you lose all of your keys and backups,” explained Kevin Loaec, co-founder and CEO of Wizardsardine in an interview with TheStreet Roundtable's Alp Gasimov.

While banks aren’t offering this yet, Liana has partnered with regulated custodians who will The model isn’t fully custodial — users still manage their funds—but it offers a last resort. After a time lock, the service can step in and help restore access to funds, assuming you’ve subscribed.

Join the discussion with Scott Melker on Roundtable here.

“We don’t keep the keys,” Loaec clarified. “It’s regulated custodians offering this service, and they’ll help you only if you hit that worst-case scenario.”

“It’s like the best of both worlds between a custodial wallet and self-custody,” he added. “You don’t have to trust them but if you really screw up, they are still there to help you.”

That kind of safety net is critical for high-net-worth Bitcoiners who don’t want a single point of failure. Whether it’s fire, theft, or forgotten seed phrases, disaster scenarios are real. And with millions on the line, even the most secure cold storage setup can come with sleepless nights.

“Even if the setup is secure, they don't want to have the problem of sleeping at night,” Loaec said. “They just want to know in case everything goes wrong, there is still someone behind.”

Lose your Bitcoin keys? Liana’s new ‘Safety Net’ recovery could save you first appeared on TheStreet on Jun 24, 2025

This story was originally reported by TheStreet on Jun 24, 2025, where it first appeared.

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