diff --git a/Cargo.lock b/Cargo.lock
index e5f4fc9761..e6df1b1bbe 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -817,6 +817,7 @@ dependencies = [
  "pallet-elections-phragmen",
  "pallet-indices",
  "pallet-membership",
+ "pallet-multisig",
  "pallet-randomness-collective-flip",
  "pallet-scheduler",
  "pallet-session",
diff --git a/runtime/bifrost/Cargo.toml b/runtime/bifrost/Cargo.toml
index 1634f0f847..a9c9fd489d 100644
--- a/runtime/bifrost/Cargo.toml
+++ b/runtime/bifrost/Cargo.toml
@@ -11,10 +11,10 @@ codec = { package = "parity-scale-codec", version = "2.0.0", default-features =
 	"derive",
 	"max-encoded-len",
 ] }
+hex-literal = { version = "0.3.1" }
 log = { version = "0.4.14", default-features = false }
-static_assertions = "1.1.0"
-hex-literal = { version = "0.3.1"}
 smallvec = "1.6.1"
+static_assertions = "1.1.0"
 # primitives
 node-primitives = { default-features = false, path = "../../node/primitives" }
 sp-api = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
@@ -45,17 +45,18 @@ pallet-bounties = { git = "https://github.com/paritytech/substrate", branch = "p
 pallet-collective = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-democracy = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-elections-phragmen = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
-pallet-membership = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-indices = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
+pallet-membership = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
+pallet-multisig = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-randomness-collective-flip = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-scheduler = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-session = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-sudo = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-timestamp = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
+pallet-tips = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-transaction-payment = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-transaction-payment-rpc-runtime-api = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-treasury = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
-pallet-tips = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 pallet-utility = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9", default-features = false }
 
 # Cumulus dependencies
@@ -71,30 +72,30 @@ pallet-collator-selection = { git = "https://github.com/paritytech/cumulus", bra
 parachain-info = { git = "https://github.com/paritytech/cumulus", branch = "polkadot-v0.9.9", default-features = false }
 
 # Polkadot dependencies
-polkadot-primitives = { git = "https://github.com/paritytech/polkadot", branch = "release-v0.9.9", default-features = false }
 pallet-xcm = { git = "https://github.com/paritytech/polkadot", branch = "release-v0.9.9", default-features = false }
 polkadot-parachain = { git = "https://github.com/paritytech/polkadot", branch = "release-v0.9.9", default-features = false }
+polkadot-primitives = { git = "https://github.com/paritytech/polkadot", branch = "release-v0.9.9", default-features = false }
 xcm = { git = "https://github.com/paritytech/polkadot", branch = "release-v0.9.9", default-features = false }
 xcm-builder = { git = "https://github.com/paritytech/polkadot", branch = "release-v0.9.9", default-features = false }
 xcm-executor = { git = "https://github.com/paritytech/polkadot", branch = "release-v0.9.9", default-features = false }
 
 # Bifrost
-pallet-vesting = { package = "bifrost-vesting", path = "../../pallets/vesting", default-features = false }
-bifrost-runtime-common = { package = "bifrost-runtime-common", path = "../common", default-features = false }
+bifrost-bancor = { path = "../../pallets/bancor", default-features = false }
+bifrost-bancor-runtime-api = { path = "../../pallets/bancor/rpc/runtime-api", default-features = false }
 bifrost-flexible-fee = { path = "../../pallets/flexible-fee", default-features = false }
 bifrost-flexible-fee-rpc-runtime-api = { path = "../../pallets/flexible-fee/rpc/runtime-api", default-features = false }
-bifrost-bancor= { path = "../../pallets/bancor",default-features = false }
-bifrost-bancor-runtime-api = { path = "../../pallets/bancor/rpc/runtime-api", default-features = false }
+bifrost-runtime-common = { package = "bifrost-runtime-common", path = "../common", default-features = false }
 bifrost-salp = { path = "../../pallets/salp", default-features = false }
 bifrost-salp-rpc-runtime-api = { path = "../../pallets/salp/rpc/runtime-api", default-features = false }
+pallet-vesting = { package = "bifrost-vesting", path = "../../pallets/vesting", default-features = false }
 xcm-support = { path = "../../xcm-support", default-features = false }
 
 # orml
 orml-currencies = { version = "0.4.1-dev", default-features = false }
 orml-tokens = { version = "0.4.1-dev", default-features = false }
 orml-traits = { version = "0.4.1-dev", default-features = false }
-orml-xtokens = { version = "0.4.1-dev", default-features = false }
 orml-xcm-support = { version = "0.4.1-dev", default-features = false }
+orml-xtokens = { version = "0.4.1-dev", default-features = false }
 
 [build-dependencies]
 substrate-wasm-builder = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.9" }
@@ -115,6 +116,7 @@ std = [
 	"pallet-collective/std",
 	"pallet-democracy/std",
 	"pallet-indices/std",
+	"pallet-multisig/std",
 	"pallet-randomness-collective-flip/std",
 	"pallet-sudo/std",
 	"pallet-timestamp/std",
diff --git a/runtime/bifrost/src/lib.rs b/runtime/bifrost/src/lib.rs
index 32f54e863c..f517a26287 100644
--- a/runtime/bifrost/src/lib.rs
+++ b/runtime/bifrost/src/lib.rs
@@ -264,6 +264,24 @@ impl pallet_utility::Config for Runtime {
 	type WeightInfo = weights::pallet_utility::WeightInfo<Runtime>;
 }
 
+parameter_types! {
+	// One storage item; key size is 32; value is size 4+4+16+32 bytes = 56 bytes.
+	pub const DepositBase: Balance = deposit(1, 88);
+	// Additional storage item size of 32 bytes.
+	pub const DepositFactor: Balance = deposit(0, 32);
+	pub const MaxSignatories: u16 = 100;
+}
+
+impl pallet_multisig::Config for Runtime {
+	type Call = Call;
+	type Currency = Balances;
+	type DepositBase = DepositBase;
+	type DepositFactor = DepositFactor;
+	type Event = Event;
+	type MaxSignatories = MaxSignatories;
+	type WeightInfo = pallet_multisig::weights::SubstrateWeight<Runtime>;
+}
+
 parameter_types! {
 	pub MaximumSchedulerWeight: Weight = Perbill::from_percent(80) *
 		RuntimeBlockWeights::get().max_block;
@@ -1034,6 +1052,7 @@ construct_runtime! {
 		// utilities
 		Utility: pallet_utility::{Pallet, Call, Event} = 50,
 		Scheduler: pallet_scheduler::{Pallet, Call, Storage, Event<T>} = 51,
+		Multisig: pallet_multisig::{Pallet, Call, Storage, Event<T>} = 53,
 
 		// Vesting. Usable initially, but removed once all vesting is finished.
 		Vesting: pallet_vesting::{Pallet, Call, Storage, Event<T>, Config<T>} = 60,