When we started Fireblocks over seven years ago, the digital asset industry’s biggest gap was security. Institutions wanted to move value safely, and we built infrastructure that solved that, with a platform proven to move trillions of dollars.
The market has since evolved from embracing scalable trading of digital assets, to facilitating global payments using stablecoins and tokenizing assets as the financial ecosystem works to move onchain. As the business opportunities continue to grow, new operational demands are surfacing. Businesses successful in expanding their revenues and use cases on the blockchain now need audit-ready, tax-compliant financial records for their financial operations.
That is why Fireblocks is announcing the acquisition of TRES Finance, a leader in crypto accounting, reconciliation, and financial controls for digital assets. Together, we’re forming the foundational infrastructure for an onchain financial world, integrating financial controls into critical business operations.
Accounting and Audit-Ready Compliance at Scale
Digital asset regulation is quickly falling into place across jurisdictions, making operational agility and financial reporting non-negotiable. Whether under MiCA in the EU, the GENIUS Act in the US, or elsewhere across the globe, crypto-native and traditional finance need financial records that meet the standards set out in local regulations. As companies prepare for public market entry or integrate crypto into traditional accounting systems, regulations mandate accurate reconciliation, audit-ready reporting, and full tax compliance.
Crypto-native businesses have long built and expanded their operations on the blockchain, optimizing for speed, innovation, and global reach. Yet audit requirements have fundamentally shifted. Regulations now mandate auditability of operational activity as these businesses expand into new markets, prepare for public market entry, undergo mergers and acquisitions, or seek institutional fundraising. Audit-ready financial data is no longer a nice-to-have.
Without it, these companies face the inability to comply with local regulations due to incomplete financial data, challenges with audit preparation requiring extensive manual evidence gathering, and even difficulty securing funding or market entry.
Traditional financial institutions expanding into digital asset solutions face different challenges. Banks tokenizing deposits, payments companies offering stablecoin flows, and neobanks adding crypto services are all moving meaningful payment and treasury activity onchain to gain operational and competitive advantages. Blockchain rails provide faster settlement, lower cost, and global reach without the limitations of traditional correspondent networks.
These institutions must ensure digital asset activity flows into their core systems and is consistently reported through existing financial processes to maintain data integrity. The operational records that digital asset transactions generate don’t naturally integrate with existing ERPs and general ledgers. Each new digital asset initiative requires building custom data infrastructure just to keep up with reporting requirements.
The root issue is the same: the digital asset infrastructure and existing finance systems are disconnected. This is the gap that TRES solves.
Digital Asset Financial Readiness Starts Here
TRES is the market leader in digital asset financial intelligence. The talented team built financial data infrastructure that transforms operational records into complete, structured, financial information for over 230 clients across companies such as Finoa, Alchemy, Dune, Wintermute, M2 and Bank Frick.
Together, Fireblocks and TRES form the foundational infrastructure for an onchain financial world. Fireblocks provides the secure infrastructure institutions use to build, scale, and manage digital asset operations. TRES adds the financial intelligence needed to turn that activity into records that align with established ERP, ledger, and reporting workflows.
Whether you’re a crypto-native business preparing for audit or a traditional institution integrating digital assets into existing financial systems, the outcome is the same: infrastructure that finally speaks finance natively. Finance and treasury teams work from a single source of truth, accelerating innovation and ensuring that there are no parallel processes, no unexplained balances, no compliance delays.
Curious to learn more? Reach out to see how Fireblocks and TRES can supercharge your business.
