diff --git a/packages/account-tree-controller/src/rules/keyring.ts b/packages/account-tree-controller/src/rules/keyring.ts
index 881e8d86d74..4d83d44934e 100644
--- a/packages/account-tree-controller/src/rules/keyring.ts
+++ b/packages/account-tree-controller/src/rules/keyring.ts
@@ -43,6 +43,9 @@ export function getAccountWalletNameFromKeyringType(type: KeyringTypes) {
     case KeyringTypes.snap: {
       return 'Snap Wallet';
     }
+    case KeyringTypes.mpc: {
+      return 'MPC Wallet';
+    }
     // ------------------------------------------------------------------------
     default: {
       return 'Unknown';
@@ -84,6 +87,9 @@ export function getAccountGroupPrefixFromKeyringType(type: KeyringTypes) {
     case KeyringTypes.snap: {
       return 'Snap Account';
     }
+    case KeyringTypes.mpc: {
+      return 'MPC Account';
+    }
     // ------------------------------------------------------------------------
     default: {
       return 'Unknown Account';
@@ -99,6 +105,22 @@ export class KeyringRule
 
   readonly groupType = AccountGroupType.SingleAccount;
 
+  #findKeyringIdForAccount(
+    keyringType: string,
+    address: string,
+  ): string | undefined {
+    const { keyrings } = this.messenger.call('KeyringController:getState');
+    const matchingKeyrings = keyrings.filter((k) => k.type === keyringType);
+    for (const keyring of matchingKeyrings) {
+      if (
+        keyring.accounts.some((a) => a.toLowerCase() === address.toLowerCase())
+      ) {
+        return keyring.metadata?.id;
+      }
+    }
+    return undefined;
+  }
+
   match(
     account: InternalAccount,
     // No `| undefined` return type for this rule, as it cannot fail.
@@ -106,7 +128,14 @@ export class KeyringRule
     // We assume that `type` is really a `KeyringTypes`.
     const keyringType = account.metadata.keyring.type as KeyringTypes;
 
-    const walletId = toAccountWalletId(this.walletType, keyringType);
+    // For MPC keyrings, we store the keyring ID in metadata and create a separate wallet per keyring instance
+    const keyringId =
+      keyringType === KeyringTypes.mpc
+        ? this.#findKeyringIdForAccount(keyringType, account.address)
+        : undefined;
+
+    const walletSubId = keyringId ? `${keyringType}/${keyringId}` : keyringType;
+    const walletId = toAccountWalletId(this.walletType, walletSubId);
     const groupId = toAccountGroupId(walletId, account.address);
 
     return {
@@ -116,6 +145,7 @@ export class KeyringRule
         metadata: {
           keyring: {
             type: keyringType,
+            ...(keyringId && { id: keyringId }),
           },
         },
       },
@@ -134,6 +164,17 @@ export class KeyringRule
   getDefaultAccountWalletName(
     wallet: AccountWalletObjectOf<AccountWalletType.Keyring>,
   ): string {
+    if (
+      wallet.metadata.keyring.type === KeyringTypes.mpc &&
+      wallet.metadata.keyring.id
+    ) {
+      const { keyrings } = this.messenger.call('KeyringController:getState');
+      const mpcKeyrings = keyrings.filter((k) => k.type === KeyringTypes.mpc);
+      const index = mpcKeyrings.findIndex(
+        (k) => k.metadata?.id === wallet.metadata.keyring.id,
+      );
+      return `MPC Wallet ${index === -1 ? '' : index + 1}`.trim();
+    }
     return getAccountWalletNameFromKeyringType(wallet.metadata.keyring.type);
   }
 
diff --git a/packages/account-tree-controller/src/wallet.ts b/packages/account-tree-controller/src/wallet.ts
index fdfc46270f5..b1b8658c3d7 100644
--- a/packages/account-tree-controller/src/wallet.ts
+++ b/packages/account-tree-controller/src/wallet.ts
@@ -100,6 +100,8 @@ export type AccountWalletKeyringObject = {
   metadata: AccountTreeWalletMetadata & {
     keyring: {
       type: KeyringTypes;
+      /** Keyring instance ID, used for keyrings that can have multiple instances (e.g., MPC) */
+      id?: string;
     };
   };
 };
diff --git a/packages/accounts-controller/src/utils.ts b/packages/accounts-controller/src/utils.ts
index 5620031d37b..9e40f15adca 100644
--- a/packages/accounts-controller/src/utils.ts
+++ b/packages/accounts-controller/src/utils.ts
@@ -42,6 +42,9 @@ export function keyringTypeToName(keyringType: string): string {
     case KeyringTypes.snap: {
       return 'Snap Account';
     }
+    case KeyringTypes.mpc: {
+      return 'MPC';
+    }
     default: {
       throw new Error(`Unknown keyring ${keyringType}`);
     }
diff --git a/packages/keyring-controller/src/KeyringController.ts b/packages/keyring-controller/src/KeyringController.ts
index add11e8183b..ef97ec0c4be 100644
--- a/packages/keyring-controller/src/KeyringController.ts
+++ b/packages/keyring-controller/src/KeyringController.ts
@@ -61,6 +61,7 @@ export enum KeyringTypes {
   ledger = 'Ledger Hardware',
   lattice = 'Lattice Hardware',
   snap = 'Snap Keyring',
+  mpc = 'MPC Keyring',
   /* eslint-enable @typescript-eslint/naming-convention */
 }