Systems and methods for threshold authenticated encryption are provided. A collection of cryptographic devices may encrypt or decrypt a message, provided that a threshold number of those devices participate in the encryption process. One cryptographic device may generate a commitment message and transmit it to the other selected devices. Those devices may each perform a partial computation using the commitment message, and transmit the partial computations back to the encrypting or decrypting device. The encrypting or decrypting device may use those partial computations to produce a cryptographic key, which may then be used to encrypt or decrypt the message.