# Fireblocks > Stay ahead of the crypto curve with research and insights from Fireblocks thought leaders and experts in the digital asset industry. --- ## Pages - [Partners / Services](https://www.fireblocks.com/partners/services/): Eiger becomes the first accredited systems integrator for Fireblocks, expanding the reach of secure digital asset services for financial institutions. - [Partners / Risk Management](https://www.fireblocks.com/partners/risk-management/): Fireblocks partners with risk management firms to deliver secure, compliant solutions for digital asset custody and blockchain infrastructure. - [Partners / Infrastructure](https://www.fireblocks.com/partners/infrastructure/): Fireblocks partners with the leading core banking providers to accelerate development and build the future of modern banking - [Fireblocks Global Platinum Support](https://www.fireblocks.com/global-platinum-support/): Fireblocks’ Global Platinum Support offers dedicated, premium support to ensure the highest level of service for enterprise clients. - [Q4 2024 / CRO Request Demo](https://www.fireblocks.com/request-demo/): Get your personalized free demo to access the #1 institutional digital asset management platform today. - [What is MPC (Multi-Party Computation)?](https://www.fireblocks.com/what-is-mpc/): MPC has become one of the primary technologies utilized to secure crypto assets. But what is MPC (multi party computation), and what are the key benefits? - [What is Institutional DeFi?](https://www.fireblocks.com/institutional-defi/): Peer-to-peer financial services on public blockchains are booming for retail investors. Now financial institutions want in on the action. - [Digital Asset Custody 101: Its Key Role in Expanding Cryptocurrencies](https://www.fireblocks.com/digital-asset-custody/): Digital Asset Custody: Solutions, Benefits & Challenges - [Resources Index Page](https://www.fireblocks.com/resources/): White papers, cheat sheets, guides, and more to educate you on all things cryptocurrency and digital assets. - [Customer Stories Index Page](https://www.fireblocks.com/customers/): Learn how the most forward-thinking companies are securely building and scaling their businesses with Fireblocks. - [Crypto Treasury Management 101](https://www.fireblocks.com/crypto-treasury-management-101/): Streamline your crypto treasury operations with expert insights on key components, best practices, and security measures. - [Deployment Packages Terms](https://www.fireblocks.com/deployment-packages-terms/): Fast-track your onboarding experience with Fireblocks by choosing from these deployment packages to get started. - [Cookie Policy](https://www.fireblocks.com/cookie-policy/): This content is password protected. To view it please enter your password below: Password: - [Fireblocks Global Custodian Partner](https://www.fireblocks.com/global-custodian-partner/): The first-of-its-kind global network of licensed digital asset custodians to support its customers at meeting rapidly rising regulatory standards. - [Developer Sandbox Sign Up](https://www.fireblocks.com/developer-sandbox-sign-up/): The Developer Sandbox is the quickest way to evaluate Fireblocks and begin testing your application with our APIs, SDKs, and Console - Get started with a Fireblocks Developer Sandbox. - [Fireblocks State Licenses](https://www.fireblocks.com/state-licenses/): Fireblocks LLC is licensed in the following US jurisdictions. - [A Guide to Digital Asset Wallets and Service Providers](https://www.fireblocks.com/a-guide-to-digital-asset-wallets-and-service-providers/): Digital Asset Wallets Guide: A comprehensive guide to digital asset wallets and service providers to help secure your crypto holdings effectively. - [Fireblocks Cookie Policy](https://www.fireblocks.com/fireblocks-cookie-policy/): Learn about Fireblocks' cookie policy and how we use cookies to improve your experience on our platform while ensuring security. - [Fireblocks Direct Custody Principles](https://www.fireblocks.com/principles/): Fireblocks is a direct custody platform delivering a specific implementation of self-custody where we seamlessly blend zero counterparty risk with multiple layers of security in the most performant manner. - [Advisory Services](https://www.fireblocks.com/advisory-services/): Work with proven cyber-security and crypto experts to build your digital asset business. Apply for your free consultation today. - [2021 Year in Review](https://www.fireblocks.com/2021-year-in-review/): Here's what we did this year to support our mission to enable every business to easily and securely support digital assets and crypto. - [Compare](https://www.fireblocks.com/compare/): Find out how Fireblocks compares to other institutional digital asset management platforms on security, operations, token support, and more. - [Current Openings](https://www.fireblocks.com/careers/current-openings/): View Fireblocks' open job positions across the world in marketing, engineering, customer support, and more. - [Team](https://www.fireblocks.com/team/): Meet the executive team behind Fireblocks, the #1 digital asset management platform for corporations and financial institutions. - [Ethereum Fees Calculator](https://www.fireblocks.com/eth-fees-calculator/): Fireblocks’ MPC-CMP technology is fully compatible with Ethereum. Find out how much you can save on Ethereum management with Fireblocks. - [About](https://www.fireblocks.com/about/): Fireblocks' mission is to enable every business to easily and securely support digital assets and cryptocurrencies. - [Fireblocks Blog](https://www.fireblocks.com/blog/): Stay ahead of the crypto curve with research and insights from Fireblocks thought leaders and experts in the digital asset industry. - [Careers](https://www.fireblocks.com/careers/): Join the team that is building and shaping the future of the digital asset industry. View Fireblocks' open job positions and apply today! - [Partners](https://www.fireblocks.com/partners/): We partner with technology providers, consultants, system integrators, and more. Apply to become a Fireblocks partner today. --- ## Posts - [Understanding the Core Benefits of Stablecoins for Payments and Remittance Companies](https://www.fireblocks.com/blog/understanding-the-core-benefits-of-stablecoins-for-payments-and-remittance-companies/): Explore how stablecoins cut costs, speed up transfers, and boost access for payments and remittance companies worldwide. - [Why Banks Need Regulatory Clarity on Permissionless Blockchains](https://www.fireblocks.com/blog/why-banks-need-regulatory-clarity-on-permissionless-blockchains/): Outdated rules keep banks from using decentralized and permissionless blockchains. This blog explains the risks, benefits, and why regulation must evolve - [Minna Bank Taps Fireblocks to Explore Stablecoins and Web3 Wallets for Everyday Payments in Japan](https://www.fireblocks.com/blog/minna-bank-taps-fireblocks-to-explore-stablecoins-and-web3-wallets-for-everyday-payments-in-japan/): Japan’s first digital-native bank is exploring stablecoin issuance, payments, and Web3 wallets with Fireblocks, Solana, and TIS. - [The Solstice of Stablecoins](https://www.fireblocks.com/the-solstice-of-stablecoins/): June sustained the stablecoin momentum, especially in the U. S. , where legislation is at the final stretch. Around the... - [Stablecoin Infrastructure: Five Imperatives for Scalable Adoption](https://www.fireblocks.com/blog/stablecoin-infrastructure-five-imperatives-for-scalable-adoption/): Explore 2025 stablecoin trends and why scalable infrastructure is key to executing fast, secure, and compliant payments with Fireblocks. - [Embedded Wallets: Build Self-Custody Wallets in Just Days](https://www.fireblocks.com/?p=13134): Digital wallets are the gateway to on-chain applications—and the expectations for how they’re delivered have changed. Product and engineering teams... - [Embedded Wallets: Build Self-Custody Wallets in Just Days](https://www.fireblocks.com/blog/embedded-wallets-build-self-custody-wallets-in-just-days/): Digital wallets are the gateway to on-chain applications—and the expectations for how they’re delivered have changed. Product and engineering teams... - [Fireblocks unlocks liquid ETH staking for 2,000+ institutions via Liquid Collective](https://www.fireblocks.com/fireblocks-unlocks-liquid-eth-staking-for-2000-institutions-via-liquid-collective/): As Ethereum ETFs gain traction, Fireblocks offers clients direct access to LsETH—combining ETH staking rewards with liquidity and compliance. Fireblocks... - [Building the Foundation for Institutional Crypto Trading](https://www.fireblocks.com/blog/building-the-foundation-for-institutional-crypto-trading/): As institutional trading giants move into crypto, success won’t hinge on trade ideas, but on infrastructure. Adoption has been driven... - [Stablecoins in Banking: Strategic Insights from the 2025 Survey](https://www.fireblocks.com/stablecoins-in-banking-strategic-insights-from-the-2025-survey/): The strategic conversation around stablecoins has moved beyond innovation labs and pilot programs. It’s now a focus in executive leadership... - [What OCC Letter 1184 Means for Banks Getting Into Crypto](https://www.fireblocks.com/what-occ-letter-1184-means-for-banks-getting-into-crypto/): In an April 2025 speech at the Exchequer Club, Acting Comptroller of the Currency Rodney Hood identified “expanding responsible bank... - [Strategic Signals from Money20/20: Digital Identity, Stablecoins, Open Banking](https://www.fireblocks.com/blog/strategic-signals-from-money20-20-digital-identity-stablecoins-open-banking/): Money20/20 Europe signals a shift from pilots to payment infrastructure maturity. Explore how digital identity, stablecoins & open banking are converging. - [Stablecoins Go Mainstream in Asia’s Payment Ecosystem](https://www.fireblocks.com/blog/stablecoins-go-mainstream-in-asias-payment-ecosystem/): Asia leads global stablecoin adoption as institutions scale usage to boost liquidity, cross-border payments, and financial efficiency. - [Thoughts from Stablecon 2025: Stablecoins at an Inflection Point](https://www.fireblocks.com/blog/thoughts-from-stablecon-2025-stablecoins-at-an-inflection-point/): At Stablecon 2025, Fireblocks spotlighted its role in scaling stablecoin adoption with $1.5T in 2024 transactions and 2,000+ partner network. - [Execution in Motion: How Latin America is Leading Stablecoin Adoption](https://www.fireblocks.com/blog/execution-in-motion-how-latin-america-is-leading-stablecoin-adoption/): Driven by urgent needs, Latin America is using stablecoins to scale cross-border payments and security, outpacing global peers in readiness. - [May the Stablecoins Be With You](https://www.fireblocks.com/blog/may-the-stablecoins-be-with-you/): Uncover stablecoin trends shaping crypto payments. Regulatory updates from around the world – and what they mean for your business. - [Financial Market Infrastructures: Opportunities for Leadership in Digital Asset Infrastructure](https://www.fireblocks.com/blog/financial-market-infrastructures-opportunities/): Explore how FMIs are evolving with blockchain, driving innovation while ensuring stability in a digital asset future. - [European Stablecoin Adoption: Intentional Progress, Strategic Scale](https://www.fireblocks.com/blog/european-stablecoin-adoption/): Explore how European institutions are integrating stablecoins, driven by MiCA clarity, security, and competitive urgency. - [Gearing Up for Prime Time: Introducing Fireblocks Business Continuity Module (BCM)](https://www.fireblocks.com/blog/introducing-fireblocks-business-continuity-module/): Ensure 24/7 resilience and compliance in digital finance with Fireblocks' Business Continuity Module. Built for stablecoins, DORA, and cross-border flows. - [From Crypto-Curious to Crypto-Confident: How PSPs Are Embracing Digital Assets](https://www.fireblocks.com/blog/from-crypto-curious-to-crypto-confident/): Explore how stablecoins and regulation are accelerating PSP adoption of digital asset payments across the finance ecosystem. - [Introducing Gasless Transactions: Send Any Token Without Gas Fees on EVM Chains](https://www.fireblocks.com/blog/universal-gasless-evm-transactions-launch/): Send and receive tokens gas-free on EVM chains with Fireblocks' Universal Gasless—no ETH, no hassle. - [Operate Smart. Move Faster. Now Possible with Wallet Tagging and Sweeping.](https://www.fireblocks.com/blog/operate-smart-move-faster-now-possible-with-wallet-tagging-and-sweeping/): Simplify crypto ops with Wallet Tagging & Sweeping—automate, organize, and move assets faster. - [Fixing Treasury Ops: Why Protocol Success Depends on Infrastructure](https://www.fireblocks.com/blog/fixing-treasury-ops-why-protocol-success-depends-on-infrastructure/): From vesting to vendor payouts, Fireblocks automates digital asset treasury operations for protocols. Learn how leading Web3 teams scale securely. - [In North America, Stablecoins Go From Concept to Core](https://www.fireblocks.com/blog/in-north-america-stablecoins-go-from-concept-to-core/): Discover how stablecoins are transforming finance in North America, with 49% of institutions already using them for payments. - [Powering the Next Era of Digital Value](https://www.fireblocks.com/blog/fireblocks-security-innovations-digital-asset-infrastructure/): Explore Fireblocks’ latest security innovations powering the next era of secure digital asset operations. - [The Next Generation of Full Stack Protection: Smarter Controls, Safer DeFi, and Full-Stack Protection](https://www.fireblocks.com/blog/the-next-generation-of-full-stack-protection/): Discover Fireblocks’ latest security upgrades: smarter policy controls, DeFi defense, and simulation. - [State of Stablecoins 2025: The Payments Infrastructure Reset](https://www.fireblocks.com/blog/state-of-stablecoins-2025-payments-infrastructure-reset/): Discover how stablecoins are reshaping global payments, with 86% ready to scale, and clear regulation accelerates momentum. - [Fireblocks Grant Programs: Fueling Innovation in Digital Assets ](https://www.fireblocks.com/blog/fireblocks-grant-program/): Discover how Fireblocks grants support blockchain, stablecoin, and Web3 projects driving digital asset ecosystem growth. - [Fireblocks Enables Web3 Connectivity for Calastone’s Industry-First Tokenized Fund Distribution Platform](https://www.fireblocks.com/blog/fireblocks-enables-web-3-connectivity-for-calastone-platform/): Fireblocks enables secure Web3 integration for Calastone’s tokenised fund distribution across Ethereum, Polygon, and other blockchains. - [Mutualism, MPC, and EIP-7702](https://www.fireblocks.com/blog/mutualism-mpc-and-eip-7702/): Ethereum’s Pectra upgrade just landed—bringing ERC-7702 and practical account abstraction with it. That means smart accounts, better UX, and way... - [Fintech 2.0: Why Banks Must Adapt or Be Left Behind](https://www.fireblocks.com/blog/fintech-2-0-for-banks/): Explore why fintechs are outpacing banks and how digital rails, blockchain, and bold moves can close the gap. - [April (Policy) Showers ](https://www.fireblocks.com/blog/april-crypto-policy-roundup-stablecoins-tokenization-global-regulatory-shifts/): Explore key crypto policy shifts from the U.S., UK, EU, and APAC—covering stablecoins, tokenization, and regulatory sandboxes. - [Japanese Megabank SMBC Leverages Fireblocks for Stablecoins](https://www.fireblocks.com/blog/smbc-teams-up-with-fireblocks-to-advance-stablecoin-adoption/): SMBC partners with Fireblocks to explore stablecoin use for payments and tokenized assets in Japan's evolving financial market. - [Charting the Course: How Paris Blockchain Week Mirrors the Path to Maturity of Digital Assets](https://www.fireblocks.com/blog/paris-blockchain-week-2025-look-at-digital-asset-landscape/): Discover how PBW 2025 marks a shift to institutional adoption, real use cases, and France’s leadership in digital asset innovation. - [It’s All About the Network—Welcome, Circle!](https://www.fireblocks.com/blog/fireblocks-network-circle-payments-network-digital-asset-connectivity/): Fireblocks supports Circle Payments Network (CPN) to enable real-time, secure connectivity across the digital asset economy. - [Unlocking Profit: How Bankers Can Harness Stablecoins for Revenue Growth](https://www.fireblocks.com/blog/unlocking-profit-how-bankers-can-harness-stablecoins-for-revenue-growth/): Discover how banks are using stablecoins to boost revenue through payments, issuer services, and launching their own coins. - [What’s Driving the Stablecoin Surge in Argentina and Brazil?](https://www.fireblocks.com/blog/whats-driving-the-stablecoin-surge-in-argentina-and-brazil/): Argentina and Brazil are leading stablecoin adoption - learn what’s driving the surge and where the market is heading next. - [March of the Digital Assets](https://www.fireblocks.com/blog/march-2025-global-crypto-regulation-update/): Explore the top digital asset policy developments in the U.S., Brazil, Asia, and beyond—and what they signal about the future of global crypto regulation. - [44% of US Banks Actioning Their Digital Asset Journey, with Payments as Top Use Case](https://www.fireblocks.com/blog/digital-asset-journey/): Explore new data from U.S. banks on digital asset readiness, use cases, and challenges from the latest American Banker webinar. - [Expanding Access to Solana: Bringing More Volume On-Chain with Native Integrations](https://www.fireblocks.com/blog/expanding-access-to-solana-bringing-more-volume-on-chain-with-native-integrations/): Fireblocks boosts Solana adoption with Native Program Calls, Gasless Transactions & Tokenization for secure, efficient scaling. - [Policy Implications from the Rise of State-Sponsored Crypto Crime](https://www.fireblocks.com/blog/policy-implications-from-the-rise-of-state-sponsored-crypto-crime/): Japan's crypto security evolves post-Bybit hack. Explore custody, AML, & policy shifts at FinTech Week. - [Fireblocks' New Developer APIs: Build on Blockchain Without Complexity](https://www.fireblocks.com/blog/fireblocks-new-developer-apis-build-on-blockchain-without-complexity/): Build faster on blockchain with Fireblocks' new APIs—simplifying asset data, staking, and network access for developers. - [Disaster Recovery Services: A New Standard for Digital Asset Security](https://www.fireblocks.com/blog/disaster-recovery-services-new-standard-digital-asset-security/): Ensure your digital assets stay secure with Fireblocks’ Disaster Recovery Services—industry-leading protection for crypto institutions. - [What’s Next for Banks Entering Crypto? Navigating The Risks ](https://www.fireblocks.com/blog/whats-next-for-banks-entering-crypto-navigating-the-risks/): Banks entering crypto face regulatory challenges. Learn how to navigate risks and seize opportunities ahead. - [Security First Approach to EIP-7702](https://www.fireblocks.com/blog/security-first-approach-to-eip-7702/): Adopt a security-first approach to EIP-7702 to mitigate risks, protect funds, and ensure safe wallet operations. - [OCC Interpretive Letter 1183: Why an Obscure Agency Letter Matters More than the Bitcoin Strategic Reserve](https://www.fireblocks.com/blog/occ-interpretive-letter-1183-implications-crypto-banking-clarity/): OCC's new interpretive letter expands crypto activities for banks, offering clarity on digital asset engagement. - [Fireblocks x AWS: A Blueprint For Tokenized Asset Deployment and Management](https://www.fireblocks.com/blog/fireblocks-x-aws-a-blueprint-for-tokenized-asset-deployment-and-management/): Explore how Fireblocks and AWS define a scalable, efficient solution for real-world asset tokenization. - [Announcing the Launch of the COR Compliance Package: Stay Ahead of DORA Regulations](https://www.fireblocks.com/blog/fireblocks-cor-compliance-package-stay-ahead-of-dora-regulations/): Ensure DORA compliance with Fireblocks' Cyber & Operational Resilience (COR) package for FIs & CASPs. - [“The New Frontier of Crypto Security" Report: Navigating the Latest Threats With Best-in-Class Security ](https://www.fireblocks.com/blog/new-frontier-crypto-security-threats-institutions/): Discover key crypto security threats and best practices for institutions in Fireblocks' latest report. - [7702’s Superpowers: What Makes EIP-7702 Great](https://www.fireblocks.com/blog/7702s-superpowers-what-makes-eip-7702-great/): EIP-7702 empowers users with flexible, future-proof, and gradual adoption of smart contracts without disruption. - [Understanding Hong Kong’s Virtual Asset Trading Platform Licensing: A Strategic Overview](https://www.fireblocks.com/blog/hong-kong-virtual-asset-trading-platform-licensing-strategic-overview/): Learn about Hong Kong's VASP licensing, compliance requirements, and how Fireblocks helps ensure security. - [Scale On-chain Transactions with Confidence: Introducing Gasless Transactions ](https://www.fireblocks.com/blog/scale-on-chain-transactions-with-fireblocks-gasless-transactions/): Discover how Fireblocks' gasless transactions simplify on-chain scaling and drive seamless growth. - [Show Me the Money. The Velocity of Money. ](https://www.fireblocks.com/blog/show-me-the-money-the-velocity-of-money/): Stablecoins are transforming global payments by boosting transaction speed and driving business growth. - [The Flaw in “Secure” Systems: How Bybit’s Attack Exploited Blind Trust](https://www.fireblocks.com/blog/bybit-attack-security-flaws-fireblocks-nation-state-resilient-solutions/): Discover how the Bybit attack revealed critical flaws in "secure" systems and exploited blind trust for devastating consequences. - [Bybit Hacked: A Call to Action for Exchanges to Embrace Off-Exchange Settlement](https://www.fireblocks.com/blog/bybit-hack-exposes-risks-why-off-exchange-settlement-is-essential-for-exchanges/): Learn how the Bybit hack highlights the need for exchanges to adopt off-exchange settlements and strengthen security measures. - [3 Examples of Tokenization Initiatives Reshaping Financial Markets](https://www.fireblocks.com/blog/3-tokenization-use-cases-reshaping-financial-markets/): Discover 3 of the most prominent tokenization use cases, and how the tokenization of digital assets is impacting the cryptocurrency landscape. - [Decrypting WalletConnect Messages: A Guide for Developers](https://www.fireblocks.com/blog/decrypting-walletconnect-messages-a-guide-for-developers-2/): Explore how Fireblocks integrates with WalletConnect to debug and decrypt messages between wallets & dApps. - [Fireblocks Celebrates 5th Year on the Forbes Fintech 50](https://www.fireblocks.com/blog/fireblocks-celebrates-5th-year-on-the-forbes-fintech-50/): Fireblocks celebrates its 5th year on the Forbes Fintech 50, driving innovation in digital asset security. - [3 Workflows to Accelerate Crypto Treasury Operations](https://www.fireblocks.com/blog/accelerate-digital-asset-treasury-operations/): Last month we officially rolled out the Fireblocks Network, the first and only digital asset transfer network for institutions. The Network adds a new layer of security and efficiency to digital asset movement, enabling members to find, connect, and settle with the largest financial institutions instantly and securely – all while remaining on-chain. - [Are Cross Border Crypto Payments the Future of International Transfers?](https://www.fireblocks.com/blog/are-cross-border-payments-ripe-for-disruption/): Digital assets have the potential to change the game for international payments. Here’s how cross border crypto payments will add value to international transfers. - [The Tokenization Revolution: Transforming Financial Markets](https://www.fireblocks.com/blog/the-tokenization-revolution-transforming-financial-markets/): Tokenized money and stablecoins, tokenized fund products, tokenized securities, and tokenized real-world assets are making a splash in the ecosystem. Fireblocks is powering many of these innovative use cases. - [Fireblocks Integrates Soneium to Seamlessly Connect Creators and Fans](https://www.fireblocks.com/blog/soneium-fireblocks-enables-blockchain-with-secure-embedded-wallets/): Fireblocks enables Soneium blockchain with secure embedded wallets, API automation, and treasury management for safe digital experiences. - [Cybersecurity Leadership in Action: Fireblocks Reaches High NIST CSF Maturity Score](https://www.fireblocks.com/blog/cybersecurity-leadership-in-action-fireblocks-reaches-high-nist-csf-maturity-score/): Fireblocks achieves 4.4 NIST CSF 2.0 score, setting new industry standard for digital asset security and trust. - [Year of the Snake, Year of the Institution: The Fireblocks 2025 Digital Assets Policy Outlook](https://www.fireblocks.com/blog/year-of-the-snake-year-of-the-institution-the-fireblocks-2025-digital-assets-policy-outlook/): Whether calendar or lunar, this year will be a pivotal year for the digital assets industry. Learn how global policy is likely to shape institutional adoption, tokenization and blockchain based payments. - [1,000% More Traffic, 10x More Speed—How Fireblocks Weathered Solana’s Ultimate Stress Test](https://www.fireblocks.com/blog/fireblocks-solana-network-performance-optimization/): Solana Network Surge: How Fireblocks Cut Transaction Times by 97% and Achieved 100% Success Rate with Infrastructure Upgrades - [What is Berachain and Proof of Liquidity?](https://www.fireblocks.com/blog/what-is-berachain-and-proof-of-liquidity/): Berachain introduces Proof of Liquidity, a novel blockchain consensus mechanism that incentivizes DeFi activity and network security. - [Ushering in a New Era in Crypto: Removing the Barriers for TradFi Adoption in the United States](https://www.fireblocks.com/blog/ushering-in-a-new-era-in-crypto-removing-the-barriers-for-tradfi-adoption-in-the-united-states/): The repeal of SAB 121 unlocks new opportunities for banks to custody digital assets. Learn how Fireblocks partners with top regulated banks to scale digital asset use cases. - [The Repeal of SAB 121: A New Chapter for U.S. Leadership in Crypto](https://www.fireblocks.com/blog/the-repeal-of-sab-121-a-new-chapter-for-u-s-leadership-in-crypto/): Discover how the repeal of SAB 121 unlocks new opportunities for blockchain and crypto innovation in U.S. finance. - [New Operating Models of Digital Asset Trading](https://www.fireblocks.com/blog/new-operating-models-of-digital-asset-trading/): 'Explore how ECNs and OES are transforming digital asset trading with greater transparency and efficiency. - [Enhancing Fund Tokenization Operations and Management with Fireblocks x Tokeny](https://www.fireblocks.com/blog/enhancing-fund-tokenization-operations-and-management-with-fireblocks-x-tokeny/): Learn how Fireblocks and Tokeny streamline fund tokenization to enhance security and operational efficiency. - [Fireblock’s Off Exchange Mitigates Counterparty Risk and Promotes Transparency](https://www.fireblocks.com/blog/fireblocks-off-exchange-counterparty-risk-transparency/): Fireblocks Off Exchange uses MPC tech to mitigate counterparty risk, ensuring secure, transparent trades. - [Ethereum ETF & Staking: Should Investors Buy Spot or ETF?](https://www.fireblocks.com/blog/ethereum-etf-staking-should-investors-buy-spot-or-etf/): Exploring Ethereum ETFs, staking rewards, and the evolving landscape of crypto investment strategies in 2024. - [Decoding Stablecoins: A Revolution in Blockchain-Based Payments](https://www.fireblocks.com/blog/decoding-stablecoins-a-revolution-in-blockchain-based-payments/): Stablecoins, blockchain payments, and global regulations explored by Fireblocks and Visa experts. - [Fireblocks Launches Japan Office to Support Growing Institutional Adoption of Blockchain](https://www.fireblocks.com/blog/fireblocks-launches-japan-office-support-institutional-adoption-blockchain/): Fireblocks opens Tokyo office, expanding digital asset solutions in Japan's rapidly growing blockchain market. - [Fireblocks CEO Says Stablecoins, Tokenization Have “Enormous Untapped Potential” At SPARK Conference](https://www.fireblocks.com/blog/fireblocks-ceo-says-stablecoins-tokenization-have-enormous-untapped-potential-at-spark-conference/): Fireblocks CEO reveals stablecoin growth, tokenization potential, and regulatory shifts transforming digital asset landscape in 2024. - [Announcing the Fireblocks MPC-BAM Protocol](https://www.fireblocks.com/blog/announcing-the-fireblocks-mpc-bam-protocol/): Fireblocks BAM: A breakthrough MPC protocol delivering unprecedented speed and security for blockchain wallet operations. - [Announcing Fireblocks Swaps and Fireblocks Token Allowance Manager](https://www.fireblocks.com/blog/announcing-fireblocks-swaps-and-token-allowance-manager/): Fireblocks introduces DeFi innovations: Swaps and Token Allowance Manager to simplify and secure blockchain transactions. - [Introducing Fireblocks Key Link: A Seamless Integration for Existing Key Management Solutions](https://www.fireblocks.com/blog/introducing-fireblocks-key-link-a-seamless-integration-for-existing-key-management-solutions/): Fireblocks Key Link solves regulatory compliance for digital assets, helping institutions manage keys and accelerate growth. - [Fireblocks Expands DeFi Suite As Institutional Adoption of Digital Assets Drives $60 Billion Transactions in 2024  ](https://www.fireblocks.com/blog/fireblocks-defi-suite-institutional-digital-asset-security-2024/): Fireblocks expands DeFi suite with Swaps, Allowance Manager, and Key Link to boost institutional digital asset security - [Fireblocks x Google Cloud’s Confidential Space to Enhance Digital Asset Security](https://www.fireblocks.com/blog/fireblocks-x-google-clouds-confidential-space-to-enhance-digital-asset-security/): We are excited to announce that Fireblocks now has an integration with Google Cloud’s Confidential Space offering further strengthened security arrangements around customer assets. By incorporating Google Cloud’s Confidential Space Virtual Machine (VM) and security tools like Attestation Service, Identity and Access Management (IAM), and Key Management Service (KMS), Fireblocks enhances its customers’ ability to prevent unauthorized access. - [Crypto Staking Platforms: Overview, How it Works, & Risks](https://www.fireblocks.com/blog/crypto-staking-platforms/): Learn how crypto staking platforms work, compare different types, and discover best practices for earning passive income through blockchain networks. Comprehensive guide covering security, risks, and platform selection for both individual and institutional investors. - [Scaling the Distribution and Trading of Tokenized Assets on the Fireblocks Network](https://www.fireblocks.com/blog/scaling-the-distribution-and-trading-of-tokenized-assets-on-the-fireblocks-network/): Alongside Ownera, Fireblocks is enabling the trading and distribution of tokenized securities on the Fireblocks Network. Tokenized Money Markets Funds (MMFs) and other asset classes can be held and readily transferred. - [Building Resilience and Progress for the Industry Post-Election](https://www.fireblocks.com/blog/building-resilience-progress-for-the-industry-post-election/): Fireblocks analyzes the impact of the 2024 U.S. election results on the digital asset industry, highlighting the industry's resilience and potential for growth. The article discusses the positive outlook for stablecoin regulation, the crypto market's continued forward momentum, and Fireblocks' position to lead institutional adoption and compliance as the industry matures. - [Fireblocks x Unichain: Bringing Unichain to the Fireblocks Network](https://www.fireblocks.com/blog/fireblocks-x-uniswap-labs-bringing-unichain-to-the-fireblocks-network/): Fireblocks will integrate Unichain: a fast, decentralized Superchain L2 that’s built to be the home for DeFi and liquidity across chains. - [Fireblocks Deepens Collaboration With the TON Foundation: Introducing Support for Jettons and $200k Grant Program](https://www.fireblocks.com/blog/fireblocks-deepens-collaboration-with-the-ton-foundation-introducing-support-for-jettons-and-200k-grant-program/): Learn about Fireblocks' collaboration with the TON Foundation to support jettons and a $200K grant program. Read more here. - [Money 20/20 Marks Major Inflection Point in Stablecoin Utility](https://www.fireblocks.com/blog/money-20-20-marks-major-inflection-point-in-stablecoin-utility/): From reviewing crypto basics to showcasing real-world stablecoin , Money20/20 highlighted the payments industry's rapid shift towards embracing stablecoins. This blog explores key takeaways - regional growth trends, Stripe's blockchain acquisition, and surging merchant demand for stablecoins. - [How Digital Operational Resilience Act impacts Digital Assets](https://www.fireblocks.com/blog/how-dora-will-affect-the-digital-asset-space/): Stay ahead of DORA’s regulatory changes. Learn how DORA is reshaping EU financial regulations and the digital asset industry. - [SCB 10X Launches Programmable Stablecoin with Fireblocks Custodial Wallet Infrastructure](https://www.fireblocks.com/blog/scb-10x-launches-programmable-stablecoin-with-fireblocks-custodial-wallet-infrastructure/): SCB 10X launches Rubie Wallet, a USDC-THBX stablecoin payment app for Devcon 2024 attendees, powered by Fireblocks Wallets-as-a-Service. Enabling seamless QR payments and eliminating FX fees. - [MPC vs. Multi-sig](https://www.fireblocks.com/blog/mpc-vs-multi-sig/): Multi-sig and MPC are the two most common technologies for securing digital asset private keys. Which option is better for your organization? - [Borderless.xyz Integrates with Fireblocks to Enhance Secure Fiat-to-Crypto Payment Infrastructure](https://www.fireblocks.com/blog/borderless-integrates-with-fireblocks-to-enhance-secure-fiat-to-crypto-payment-infrastructure/): Fireblocks partners with Borderless.xyz to enable secure fiat-to-crypto payment infrastructure, enabling businesses to seamlessly connect traditional and digital asset transactions through integrated on/off-ramp solutions. - [On Culture & Growth: Life at Fireblocks](https://www.fireblocks.com/blog/on-culture-growth-life-at-fireblocks/): Discover life at Fireblocks, where innovation meets opportunity. Join a team securing $6T+ in digital assets for 2000+ global institutions while building your dream career. - [Trident x Fireblocks: Powering Institutional-Grade Digital Asset Services](https://www.fireblocks.com/blog/trident-x-fireblocks-powering-institutional-grade-digital-asset-services/): Trident partners with Fireblocks to enhance its institutional digital asset services, including lending, structured finance, and stablecoin adoption. Learn how this collaboration drives innovation and security in crypto. - [Fireblocks Automation: Revolutionizing Digital Asset Operations](https://www.fireblocks.com/blog/fireblocks-automation-revolutionizing-digital-asset-operations/): Discover how Fireblocks Automation eliminates manual crypto operations, reducing errors and saving 50+ team hours monthly. Learn how leading firms automate digital asset management for enhanced efficiency and security. - [Why Institutional Adoption of Digital Assets is Skyrocketing in Africa](https://www.fireblocks.com/blog/why-institutional-adoption-of-digital-assets-is-skyrocketing-in-africa/): Digital assets have become a chief concern for financial institutions in Africa. Learn what makes the African market so special for crypto, and where the space is poised to go in the coming years. - [Addressing counterparty risk and unlocking new opportunities with Fireblocks’ Off Exchange](https://www.fireblocks.com/blog/addressing-counterparty-risk-and-unlocking-new-opportunities-with-fireblocks-off-exchange/): Fireblocks takes a technology-first approach with Off Exchange, enabling exchanges to benefit from higher volumes of trading and direct line of sight into collateral at hand. - [Fireblocks x Bitbond: Simple, Secure, and Scalable Tokenization for Institutions](https://www.fireblocks.com/blog/fireblocks-x-bitbond-simple-secure-and-scalable-tokenization-for-institutions/): Deploy, manage, and secure tokens using Bitbond smart contracts directly from your Fireblocks console. Experience a seamless integration for enhanced token operations and management. - [Fireblocks Deploys Hashnote’s USYC via Off Exchange](https://www.fireblocks.com/blog/fireblocks-deploys-hashnotes-usyc-via-off-exchange/): Fireblocks enables Hashnote's USYC as collateral on Deribit via Off Exchange. First regulated tokenized money market fund used as collateral on a major crypto derivatives exchange. - [Are Stablecoins the Future of Payments?](https://www.fireblocks.com/blog/are-stablecoins-the-future-of-payments/): Fireblocks, PayPal, and Paxos got together to discuss advancements in the blockchain payments space and how stablecoins will transform payments. - [Shaping the Future of Finance: Key Takeaways from TOKEN2049 Singapore](https://www.fireblocks.com/blog/shaping-the-future-of-finance-key-takeaways-from-token2049-singapore/): Discover key insights from TOKEN2049 Singapore, including the rise of stablecoins and RWA tokenization. Explore the future of crypto finance and request a demo now! - [Fireblocks x Lido Institutional: Bringing Liquid Staking to the Fireblocks Network](https://www.fireblocks.com/blog/fireblocks-x-lido-institutional-bringing-liquid-staking-to-the-fireblocks-network/): Fireblocks integrates Lido, enabling customers to stake their ETH with Lido’s prominent liquid staking middleware for Ethereum. - [Outlining the Crypto Trading and Operations Trilemma](https://www.fireblocks.com/blog/outlining-the-crypto-trading-and-operations-trilemma/): The Crypto Trading and Operations Trilemma is the problem of finding the right balance between security, scalability and efficiency. --- ## Resources - [How Nonco uses Fireblocks to streamline crypto treasury operations and reduce counterparty risk](https://www.fireblocks.com/resources/how-nonco-uses-fireblocks-to-streamline-crypto-treasury-operations-and-reduce-counterparty-risk/): Nonco is a digital asset brokerage that services ETFs, asset managers, crypto native firms, and financial institutions globally. Nonco utilizes... - [How DV Chain utilizes Fireblocks to improve capital efficiency and scale](https://www.fireblocks.com/resources/how-dv-chain-utilizes-fireblocks-to-improve-capital-efficiency-and-scale/): DV Chain utilizes Fireblocks secure Treasury Management capabilities and the Fireblocks Network to enable fast and efficient settlement with counterparties while having secure, flexible and customizable governance policies. - [How Algorand utilizes Fireblocks for streamlined payouts and flexible governance](https://www.fireblocks.com/resources/how-algorand-utilizes-fireblocks-for-streamlined-payouts-and-flexible-governance/): Learn how Algorand uses Fireblocks to automate 50,000 payouts every quarter as well as ensure the highest levels of security. - [How Bitso serves over 8 million digital asset exchange users with Fireblocks](https://www.fireblocks.com/resources/how-bitso-serves-over-8-million-digital-asset-exchange-users-with-fireblocks/): Learn how Bitso delivers better experiences for their massive user base with Fireblocks, all the while minimizing costs and maximizing efficiencies. - [How Edge Capital executes secure and efficient DeFi operations with Fireblocks](https://www.fireblocks.com/resources/how-edge-capital-executes-secure-and-efficient-defi-operations-with-fireblocks/): Learn how the alternative hedge fund Edge Capital uses the Fireblocks platform to secure and streamline its DeFi activities, including yield farming and more. - [Fasanara Capital Taps into DeFi Market and Grows AUM to $100M with Fireblocks](https://www.fireblocks.com/resources/fasanara-capital-taps-into-defi-market-and-grows-aum-to-100m-with-fireblocks/): Find out how boutique asset manager, Fasanara Capital, leveraged DeFi to grow their crypto-native fund 5x with Fireblocks. - [An Evaluation of Digital Asset Custody Solutions](https://www.fireblocks.com/resources/an-evaluation-of-digital-asset-custody-solutions/): Fireblocks commissioned The Block Research to present a comprehensive evaluation of the various digital asset custody solutions. - [Where Crypto Meets Wall St.](https://www.fireblocks.com/resources/where-crypto-meets-wall-st-m2020usa/): Join Fireblocks, Chainalysis, and BNY Mellon for happy hour at Money 20/20 in Las Vegas on Tuesday, October 26. - [Nexo](https://www.fireblocks.com/resources/nexo/): Learn how Nexo leverages Fireblocks for enhanced security and efficiency in managing digital asset lending and operations. - [Prime Trust](https://www.fireblocks.com/resources/primetrust/): Discover how Prime Trust partnered with Fireblocks to improve digital asset custody, transactions, and compliance systems. - [FXCH](https://www.fireblocks.com/resources/fxch/): How FXCH achieved a higher lever of security and reduced onboarding time 90% with Fireblocks - [[Event] Custodianship – exploring best measures for protecting your digital holdings](https://www.fireblocks.com/resources/trading-show-americas-2020/): Key insights from the Trading Show Americas 2020—explore Fireblocks' impact on secure digital asset trading and innovation. --- ## Press - [Fireblocks Taps Former NYDFS Crypto Regulator Peter Marton and Expert Cryptographer & Builder of EY’s Nightfall Chaitanya Reddy Konda](https://www.fireblocks.com/press/fireblocks-taps-former-nydfs-crypto-regulator-peter-marton-and-expert-cryptographer-builder-of-eys-nightfall-chaitanya-reddy-konda/): The team will spearhead Fireblocks’ efforts to develop crypto-native technologies to eliminate illicit activity and strengthen consumer protection. New York,... - [Fireblocks Launches Digital Asset Payments Engine with FIS Joining as New Network Member](https://www.fireblocks.com/press/fireblocks-launches-digital-asset-payments-engine-with-fis-joining-as-new-network-member/): New end-to-end solution has settled $1B in transactions to date with Checkout. com and will enable a global digital asset... - [Fireblocks Surpasses $100 Million ARR Milestone, Cementing Its Status as SaaS Centaur](https://www.fireblocks.com/press/fireblocks-surpasses-100-million-arr-milestone-cementing-its-status-as-saas-centaur/): This places Fireblocks among a rare subset of SaaS unicorns that have reached this coveted valuation milestone in less than five years. - [Fireblocks Will Host SPARK '22, Its Inaugural User & Ecosystem Conference](https://www.fireblocks.com/press/fireblocks-will-host-spark-22-its-inaugural-user-ecosystem-conference/): Fireblocks' inaugural user conference will focus on leveraging tokenization, payments, DeFi, NFTs, and Web3 development. - [$40 billion payments giant Checkout.com starts accepting stablecoins in major crypto push](https://www.fireblocks.com/press/40-billion-payments-giant-checkout-com-starts-accepting-stablecoins-in-major-crypto-push/): Checkout.com said it will let settle payments in the stablecoin USDC through a partnership with crypto tech provider Fireblocks. - [Fireblocks Deepens Payments Push With Checkout.com USDC Settlement](https://www.fireblocks.com/press/fireblocks-deepens-payments-push-with-checkout-com-usdc-settlement/): Merchants will be able to settle transactions through USDC stablecoin with Fireblocks’ crypto payment technology. - [ISO Certifies Fireblocks in Cloud, Privacy and Security](https://www.fireblocks.com/press/iso-certifies-fireblocks-in-cloud-privacy-and-security/): Crypto tech company Fireblocks has been certified by ISO in the categories of security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018). - [Fireblocks Launches Web3 Engine and Enterprise Developer Tools](https://www.fireblocks.com/press/fireblocks-launches-web3-engine-and-enterprise-developer-tools/): Fireblocks (www. fireblocks. com), the award-winning digital asset and crypto technology provider, announced today the launch of a new, dedicated... - [Fireblocks Launches DeFi Support for Terra and Spurs $250M Injection of Liquidity Into Terra Web3 Ecosystem from Institutional Customers in the First 72 hours](https://www.fireblocks.com/press/fireblocks-launches-defi-support-for-terra-and-spurs-250m-injection-of-liquidity-into-terra-web3-ecosystem-from-institutional-customers-in-the-first-72-hours/): Fireblocks (fireblocks. com), the award-winning provider of digital asset and crypto technology, announced today that it has become the first... - [FIS Teams with Fireblocks to Accelerate Crypto Adoption within Capital Markets Industry Globally](https://www.fireblocks.com/press/fis-teams-with-fireblocks-to-accelerate-crypto-adoption-within-capital-markets-industry-globally/): FIS and Fireblocks are teaming to provide enterprise-grade digital asset investing and wallet technology, lending and decentralized finance (DeFi) to... - [Fireblocks Raises $550 Million In Series E Funding to Become the Highest Valued Digital Asset Infrastructure Provider](https://www.fireblocks.com/press/fireblocks-raises-550-million-in-series-e-funding-to-become-the-highest-valued-digital-asset-infrastructure-provider/): At an $8 billion valuation, new resources will enable Fireblocks to help every business become a crypto business. Fireblocks (www.... - [Fireblocks Whitelists 30 Licensed Financial Institutions To Participate in Permissioned DeFi with the Launch of Aave Arc](https://www.fireblocks.com/press/fireblocks-whitelists-30-licensed-financial-institutions-to-participate-in-permissioned-defi-with-the-launch-of-aave-arc/): Today, the launch of the permissioned version of the popular DeFi liquidity protocol, Aave Arc, was announced. Aave Arc provides... - [Fireblocks Integrates TaxBit to Streamline Digital Asset Tax and Accounting for U.S. Institutions](https://www.fireblocks.com/press/fireblocks-integrates-taxbit-to-streamline-digital-asset-tax-and-accounting-for-u-s-institutions/): Fireblocks, the enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets, announced today an integration with... - [Fireblocks Opens New Switzerland Office to Expand Its DACH Footprint](https://www.fireblocks.com/press/fireblocks-opens-new-switzerland-office-to-expand-its-dach-footprint/): Fireblocks opens a new office in Switzerland to expand its DACH region footprint, enhancing digital asset security and blockchain solutions. - [Former U.S. SEC Chair Jay Clayton Joins Fireblocks' Advisory Board](https://www.fireblocks.com/press/former-u-s-sec-chain-jay-clayton-joins-fireblocks-advisory-board/): Fireblocks (www. fireblocks. com) announced today that it has added Jay Clayton, Former Chair of the U. S. Securities and... - [Fireblocks Solidifies Unicorn Status with $310 Million Series D at $2 Billion Valuation](https://www.fireblocks.com/press/fireblocks-solidifies-unicorn-status-with-310-million-series-d-at-2-billion-valuation/): Fireblocks (www. fireblocks. com), the preeminent platform that empowers the entry of traditional institutions into the digital asset space, announced... - [Fireblocks Surpasses $600 Billion in Digital Assets Transferred](https://www.fireblocks.com/press/fireblocks-surpasses-600-billion-in-digital-assets-transferred/): Fireblocks announced today that it has secured the storage and transfer of $637 billion in digital assets since launching in... - [Fireblocks Raises $133 Million in Series C Funding To Bring the World’s Biggest Banks and Fintechs Into Crypto](https://www.fireblocks.com/press/fireblocks-raises-133-million-in-series-c-funding-to-bring-the-worlds-biggest-banks-and-fintechs-into-crypto/): Fireblocks (www. fireblocks. com), announced today it has raised $133 million in Series C funding led by Coatue, Ribbit, and... - [Fireblocks and First Launch Institutional Diem Infrastructure for VASPs](https://www.fireblocks.com/press/fireblocks-and-first-launch-institutional-diem-infrastructure-for-vasps/): Fireblocks and First announced today a secure wallet and infrastructure for financial institutions to easily connect to the Diem network... - [Ibanera Partners with Fireblocks to Enhance Crypto Service Offering](https://www.fireblocks.com/press/ibanera-partners-with-fireblocks-to-enhance-crypto-service-offering/): Ibanera, a licensed global fintech company, today announced a partnership with Fireblocks, a leading enterprise-grade platform delivering a secure infrastructure... - [Amber Group and Fireblocks Extend Partnership for Crypto-asset Security](https://www.fireblocks.com/press/amber-group-and-fireblocks-extend-partnership-for-crypto-asset-security/): Amber Group (www. ambergroup. io) announced today that they are extending their partnership with Fidelity-backed cryptocurrency security provider Fireblocks. As... - [Fireblocks Raises $30 Million In Series B Funding Led By Paradigm](https://www.fireblocks.com/press/fireblocks-raises-30-million-in-series-b-funding-led-by-paradigm/): Fireblocks (www. fireblocks. com) announced today it has raised $30 million in Series B funding, bringing its cumulative fundraising to... - [Fireblocks Surpasses $150B In Digital Asset Transfers, Expands Europe Operations To France and The DACH Region](https://www.fireblocks.com/press/fireblocks-surpasses-150b-in-digital-asset-transfers-expands-europe-operations-to-france-and-the-dach-region/): Fireblocks (www. fireblocks. com) announced today that its institutional customers, which includes exchanges, lending desks, banks, OTC desks, liquidity providers... - [Revolut Enlists Fireblocks to Securely Expand Crypto Services to 13 Million Users](https://www.fireblocks.com/press/revolut-enlists-fireblocks-to-securely-expand-crypto-services-to-13-million-users/): Fireblocks (www. fireblocks. com), an award-winning platform for securing digital assets, announced today that Revolut, the UK’s fastest growing private... - [Voyager Digital announces the integration of Fireblocks digital asset network](https://www.fireblocks.com/press/voyager-digital-announces-the-integration-of-fireblocks-digital-asset-network/): Voyager Digital Ltd. (“Voyager” or the “Company”) (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a publicly traded, licensed crypto-asset broker that... - [Fireblocks Now Secures the Movement of $2.5 Billion Crypto Assets Monthly](https://www.fireblocks.com/press/fireblocks-now-secures-the-movement-of-2-5-billion-crypto-assets-monthly/): Fireblocks (www. fireblocks. com), an institutional platform for securely moving blockchain-based digital assets announced today that it now moves more... - [Fireblocks Is Now Securing The Biggest Crypto Lending Company In The US](https://www.fireblocks.com/press/fireblocks-is-now-securing-the-biggest-crypto-lending-company-in-the-us/): Fireblocks (www. fireblocks. com), an enterprise platform for securing digital assets in transit, announced today, Celsius Network, the largest provider... - [Fireblocks Expands Exchange Connectivity, Adds Support for OKCoin, OKEx, Huobi, and 2 More Exchanges](https://www.fireblocks.com/press/fireblocks-expands-exchange-connectivity-adds-support-for-okcoin-okex-huobi-and-2-more-exchanges/): Fireblocks (www. fireblocks. com), an enterprise platform for securing digital assets in transit, announced today five new exchange integrations, adding... - [Fireblocks Emerges From Stealth Mode With $16 Million in Funding to Help Institutions Secure Digital Asset Movement](https://www.fireblocks.com/press/fireblocks-emerges-from-stealth-mode-with-16-million-in-funding-to-help-institutions-secure-digital-asset-movement/): Fireblocks (www. fireblocks. com), an enterprise platform for securing digital assets in transit, announced today its launch out of stealth... --- ## Platform - [Security](https://www.fireblocks.com/platforms/security/): Safeguard digital assets with Fireblocks’ zero-trust security, real-time DeFi threat detection, and customizable policy engine. - [Fireblocks Network](https://www.fireblocks.com/platforms/fireblocks-network/): Connect to over 1,800 liquidity partners, trading venues, and counterparties on the Fireblocks Network. The all-in-one platform for instant settlement, rebalancing, and payments. - [Off-Exchange](https://www.fireblocks.com/platforms/off-exchange/): Fireblocks Off Exchange is the first solution that truly enables trading firms and asset managers to mitigate exchange counterparty risk while trading on centralized exchanges. - [Payments Engine](https://www.fireblocks.com/platforms/payments/): The Fireblocks Payments Engine allows digital asset settlement across any blockchain and geography to support merchant services. - [Tokenization](https://www.fireblocks.com/platforms/tokenization/): Utilize Fireblocks end to end tokenization platform for managing the full lifecycle of your digital assets including token issuance, custody and distribution. - [Governance and Policy Engine](https://www.fireblocks.com/platforms/governance-and-policy-engine/): Utilize Fireblocks' workflow authorization engine to meet regulatory needs and create a safe crypto operations environment. - [Flexible Deployment](https://www.fireblocks.com/platforms/flexible-deployment/): Securely deploy the Fireblocks platform in cloud or in customer-hosted environments to meet your risk, regulatory, and compliance needs. - [Compliance](https://www.fireblocks.com/platforms/compliance/): Easily configure and automate compliance for digital assets. Fireblocks compliance integrations are the simplest way for compliance teams to meet evolving digital asset regulatory requirements and address the latest industry threats. Fireblocks partners with industry-leading digital asset compliance solutions to provide real-time transaction monitoring directly from the Fireblocks platform. - [Staking](https://www.fireblocks.com/platforms/staking/): Easy-to-use dashboard to stake and manage rewards through institutional validators and SDKs to embed staking services directly into your application. - [DeFi](https://www.fireblocks.com/platforms/defi/): Access DeFi apps for trading, lending, and staking with enterprise-grade protection and fully customizable governance & policy control. - [Web3](https://www.fireblocks.com/platforms/web3/): Fireblocks provides an end-to-end solution to build, secure, and manage Web3 applications, games, and experiences. - [Treasury Management](https://www.fireblocks.com/platforms/treasury-management/): Fireblocks provides the most secure and powerful digital asset treasury management. An easy-to-use solution that enables you to secure your digital assets and manage day-to-day digital asset treasury operations. --- ## Customer Stories - [Nonco](https://www.fireblocks.com/customers/nonco-2/): Discover how Nonco combines Fireblocks and AWS to automate crypto treasury operations, reduce risk, and scale securely across global markets. - [Ramp Network](https://www.fireblocks.com/customers/ramp-network/): Ramp Network scales crypto operations securely with Fireblocks, enhancing efficiency, security, and growth. - [QCP](https://www.fireblocks.com/customers/qcp/): Discover how Fireblocks enabled QCP to scale globally, streamline operations, and shape product innovation like Off-Exchange. - [Quidax](https://www.fireblocks.com/customers/quidax/): Quidax cut security risks, IT costs, and boosted its blockchain position in Nigeria by implementing Fireblocks. - [EarnPark](https://www.fireblocks.com/customers/earnpark/): EarnPark cut infrastructure costs, boosted security, and scaled globally using Fireblocks' trusted crypto infrastructure. - [ALT 5 Sigma](https://www.fireblocks.com/customers/alt-5-sigma/): ALT 5 Sigma scaled B2B crypto payments securely and efficiently using Fireblocks wallets, APIs, and institutional-grade support. - [Arf](https://www.fireblocks.com/customers/arf/): Arf uses Fireblocks to power secure, scalable, same-day liquidity for global B2B payments. - [Zerocap](https://www.fireblocks.com/customers/zerocap/): Learn about Zerocap, a global liquidity provider serving institutional clients and enhancing operations through Fireblocks. - [RedotPay](https://www.fireblocks.com/customers/redotpay/): RedotPay boosts global crypto access with Fireblocks' secure, scalable tech for payments and custody. - [Triple-A](https://www.fireblocks.com/customers/triple-a/): Discover how Triple-A uses Fireblocks to scale secure, compliant crypto payments across global markets and drive business growth. - [Solana](https://www.fireblocks.com/customers/solana/): Solana uses Fireblocks for secure, scalable stablecoin payments and seamless infrastructure trusted by enterprises. - [WisdomTree](https://www.fireblocks.com/customers/wisdomtree/): WisdomTree leverages Fireblocks to enhance digital asset control, tokenization, and secure institutional-grade infrastructure. - [Gemini](https://www.fireblocks.com/customers/gemini/): Gemini's Olivier Mammet shares how Fireblocks Off Exchange enhances security & scalability for institutional trading. - [Conduit](https://www.fireblocks.com/customers/conduit/): See how Conduit leverages Fireblocks for secure digital asset custody, governance, and seamless global transactions. - [Zeebu](https://www.fireblocks.com/customers/zeebu/): Zeebu transforms telecom payments using Fireblocks, processing $5.7B in cross-border settlements with blockchain technology. - [Resolv](https://www.fireblocks.com/customers/resolv/): Resolv is a stablecoin backed by ETH, using delta-neutral strategies & Fireblocks for secure liquidity. - [Orbital](https://www.fireblocks.com/customers/orbital/): Learn how Orbital is utilizing Fireblocks Automation to streamline operations as they look to solve cross-border payment inefficiencies using stablecoin technology. - [Yolo](https://www.fireblocks.com/customers/yolo/): Fireblocks transforms Yolo Group's treasury operations. Learn how this digital asset platform revolutionized security, scalability, and automation for the online gaming leader's complex financial ecosystem. - [BloFin](https://www.fireblocks.com/customers/blofin/): Discover how Blofin, a comprehensive crypto financial services provider, leverages Fireblocks' cutting-edge security to safeguard user assets and drive business growth since its 2023 launch. Learn about our commitment to unparalleled protection and operational efficiency in the digital asset space. - [Reap](https://www.fireblocks.com/customers/reap/): Discover how Reap, a global payments platform, leveraged Fireblocks to expand into blockchain payments to enhance security, scalability, and efficiency in cross-border payments using stablecoins. Learn more now! - [ABN AMRO](https://www.fireblocks.com/customers/abn-amro/): Learn how ABN AMRO became the first major Dutch Bank to tokenize, issue, and custody digital bonds on behalf of its corporate clients. - [Bakkt](https://www.fireblocks.com/customers/bakkt/): Discover how Bakkt secures their client’s institutional crypto assets with Fireblocks-powered custody solution and multi-layer security. Learn more now! - [Banking Circle](https://www.fireblocks.com/customers/banking-circle/): Discover how Banking Circle is launching the first bank-issued, MiCA-regulated stablecoin using the Fireblocks Tokenization Engine to manage governance policies and operations. Learn more now! - [Firi](https://www.fireblocks.com/customers/firi/): Learn how Firi grew its crypto exchange and is ready for new regulations like MiCA and Travel Rule by building on Fireblocks. Learn more now! - [BiLira](https://www.fireblocks.com/customers/bilira/): Discover how BiLira's stablecoin, exchange, and on/off ramp solutions are making crypto more accessible in Türkiye. Learn more now! - [Luno](https://www.fireblocks.com/customers/luno/): Learn how Luno uses Fireblocks to securely scale operations, support 14M+ users, and enhance Web3 financial services. Learn more now! - [Bancolombia Group](https://www.fireblocks.com/customers/bancolombia-group/): How Bancolombia Group launched Wenia, a digital asset service powered by Fireblocks, to bring secure crypto trading to retail customers. Learn more now! - [Moniflo](https://www.fireblocks.com/customers/moniflo/): How Moniflo tokenized sustainable investment funds with Fireblocks via their retail investment app. Learn more now! - [Polity Network](https://www.fireblocks.com/customers/polity-network/): Discover how Polity Network enables their customers to generate their private key on their devices, and be their own custodians. Learn more now! - [CloudTech](https://www.fireblocks.com/customers/cloudtech/): Discover CloudTech Group's rapid stablecoin deployment using Fireblocks. Secure, compliant, and ready in four days. Learn more now! - [One Trading](https://www.fireblocks.com/customers/one-trading/): Discover how One Trading built one of the fastest crypto exchanges with Fireblocks, ensuring top-notch security and efficiency. Learn more now! - [Enigma Securities](https://www.fireblocks.com/customers/enigma-securities/): Discover how Enigma Securities scaled trading volume with Fireblocks enhancing security and transaction speed. Learn more today! - [Nonco](https://www.fireblocks.com/customers/nonco/): Discover how Nonco scaled its digital asset brokerage with Fireblocks' user-friendly, API-driven platform. Learn more now! - [DV Chain](https://www.fireblocks.com/customers/dv-chain/): Discover how DV Chain enhances capital and settlement efficiency with Fireblocks. Learn more now! - [Algorand](https://www.fireblocks.com/customers/algorand/): Discover how Algorand securely automates 50k payouts every quarter. Learn more now! - [Bitso](https://www.fireblocks.com/customers/bitso/): Discover how Bitso securely scales its wallet management structure with Fireblocks. Learn more now! - [Edge Capital](https://www.fireblocks.com/customers/edge-capital/): Discover how Edge Capital secures and optimizes DeFi operations with Fireblocks, driving high-yield returns. Learn more now! - [WorldPay](https://www.fireblocks.com/customers/worldpay/): Discover how Worldpay achieves 50% faster payment processing with Fireblocks, enhancing merchant settlements. Learn more now! - [Bloxcross](https://www.fireblocks.com/customers/bloxcross/): Learn how Bloxcross uses Fireblocks to deliver real-time, secure cross-border transactions for global merchants. Learn more now! - [goLance](https://www.fireblocks.com/customers/golance/): Discover how goLance achieved 4x speed-to-market with Fireblocks, introducing stablecoin payments for freelancers. Learn more now! - [Flipkart](https://www.fireblocks.com/customers/flipkart/): Discover how Flipkart advanced its rewards program with Fireblocks, enhancing customer engagement and loyalty. Learn more now! - [Karate Combat](https://www.fireblocks.com/customers/karate-combat/): Discover how Karate Combat secures digital assets and manages treasury operations with Fireblocks. Learn more now! - [Scrypt](https://www.fireblocks.com/customers/scrypt/): Discover how SCRYPT grew 3,000% in two years with Fireblocks, ensuring regulatory compliance and operational efficiency. Learn more now! - [DIFX](https://www.fireblocks.com/customers/difx/): Discover how DIFX grew from $5M to $550M AUM with Fireblocks, enhancing efficiency and security. Learn more now! - [CoinFLEX](https://www.fireblocks.com/customers/coinflex/): Discover how CoinFLEX achieved 400% user growth and faster withdrawals with Fireblocks. Learn more now! - [Fasanara Capital](https://www.fireblocks.com/customers/fasanara-capital/): Discover how Fasanara Capital securely scales its wallet management structure with Fireblocks. Learn more now! - [Bit2Me](https://www.fireblocks.com/customers/bit2me/): Discover how Bit2Me scaled from 20 to 250+ tokens with Fireblocks, enhancing security and transaction speed. Learn more now! - [GMO Trust](https://www.fireblocks.com/customers/gmo-trust/): Discover how GMO Trust launched a regulated stablecoin and achieved 3X profitability with Fireblocks. Learn more now! - [Revolut](https://www.fireblocks.com/customers/revolut/): Learn how Revolut scaled their finance platform with Fireblocks, eliminating manual treasury operations and enhancing security. Learn more now! - [GSR](https://www.fireblocks.com/customers/gsr/): Discover how GSR automates fund transfers and reduces operational overhead. Learn more now! - [Blockfills](https://www.fireblocks.com/customers/blockfills/): Discover how Dunamis ensures fast, secure settlements and streamlined asset management. Learn more now! - [Amber](https://www.fireblocks.com/customers/amber/): Discover how Amber Group enhanced security, improved trust, and expanded their crypto finance platform with Fireblocks. Learn more now! - [Dunamis](https://www.fireblocks.com/customers/dunamis/): Discover how Dunamis enhances trading with simplified wallet management and a secure network. Learn more now! - [FXCH](https://www.fireblocks.com/customers/fxch/): Discover how FXCH enhanced security and efficiency with Fireblocks, reducing post-trade risks and costs. Learn more now! - [JST Capital](https://www.fireblocks.com/customers/jst-capital/): Discover how JST Capital enhances asset management and client solutions with Fireblocks, ensuring flexibility, speed, and security. Learn more now! - [Woorton](https://www.fireblocks.com/customers/woorton/): Discover how Woorton optimized settlement and rebalancing with Fireblocks, enhancing security and efficiency. Learn more now! --- ## Events & Webinars - [Using Digital Assets to Reach New Markets and Improve Existing Products & Services](https://www.fireblocks.com/webinars/using-digital-assets-to-reach-new-markets-and-improve-existing-products-services/): Explore how digital assets can unlock new markets and enhance products/services in this insightful Fireblocks webinar. - [APAC | Secure and Efficient Treasury Management: The Foundation for Building any Digital Asset or Web3 Project](https://www.fireblocks.com/webinars/secure-and-efficient-treasury-management-apac/): Watch our webinar to explore secure and efficient treasury management strategies in APAC. Enhance your financial operations today! - [EMEA | Secure and Efficient Treasury Management: The Foundation for Building any Digital Asset or Web3 Project](https://www.fireblocks.com/webinars/secure-and-efficient-treasury-management-emea/): Watch our webinar to explore secure and efficient treasury management strategies tailored for the EMEA region. - [AMER | Secure and Efficient Treasury Management: The Foundation for Building any Digital Asset or Web3 Project](https://www.fireblocks.com/webinars/secure-and-efficient-treasury-management-amer/): Watch our webinar to explore secure and efficient treasury management strategies tailored for the Americas. - [Monetizing Digital Asset Custody](https://www.fireblocks.com/webinars/monetizing-digital-asset-custody/): Monetizing digital asset custody: Fireblocks webinar explores strategies for financial institutions to optimize revenue from digital asset management. - [A Market in the Making: Keeping Crypto Assets Safe](https://www.fireblocks.com/webinars/a-market-in-the-making-keeping-crypto-assets-safe/): Fireblocks webinar: A market in the making—keeping crypto assets safe and secure while advancing blockchain solutions for financial institutions. - [Future of Finance & Fireblocks present: Settlement and Custody of Digital Assets (Part Two)](https://www.fireblocks.com/webinars/future-of-finance-fireblocks-present-settlement-and-custody-of-digital-assets-part-two/): TechCrunch names Fireblocks the hottest blockchain startup of 2020—read about Fireblocks' growth and its impact on digital asset security. - [Digital Assets and Beyond: Infrastructure, Liquidity & Analysis](https://www.fireblocks.com/webinars/digital-assets-and-beyond-infrastructure-liquidity-analysis/): Digital assets and beyond: Fireblocks webinar on infrastructure and liquidity analysis in the evolving digital asset ecosystem and financial markets. - [Lessons learned from securely transferring $200 billion for top crypto institutions](https://www.fireblocks.com/webinars/lessons-learned-from-securely-transferring-200-billion-for-top-crypto-institutions/): Lessons learned from securely transferring $200 billion for top crypto institutions in this Fireblocks webinar on digital asset best practices. - [On the Cusp: Digital Asset Banking Risks and Solutions](https://www.fireblocks.com/webinars/on-the-cusp-digital-asset-banking-risks-and-solutions/): Fireblocks webinar on digital asset banking risks and solutions: Explore the challenges and risks in digital asset banking, and strategies for mitigating them. - [Is Crypto Custody One-Size-Fits-All?](https://www.fireblocks.com/webinars/is-crypto-custody-one-size-fits-all/): Fireblocks webinar on crypto custody: Is one size really suitable for all? Explore various solutions for securing digital assets. - [Crypto Trading & Custody: Playbook for Banks](https://www.fireblocks.com/webinars/crypto-trading-custody-playbook-for-banks/): Crypto Trading & Custody Playbook for Banks: Fireblocks webinar explores best practices and security measures for institutional crypto services. - [Choosing a Custody Model: Direct Custody vs. Sub-Custody](https://www.fireblocks.com/webinars/choosing-a-custody-model-direct-custody-vs-sub-custody-2/): Fireblocks webinar: Future of finance—exploring the evolution of digital asset settlement and custody in the crypto market. - [Fireside Chat with Fireblocks and B2C2](https://www.fireblocks.com/webinars/fireside-chat-with-fireblocks-and-b2c2/): Fireside chat with Fireblocks and B2C2: Webinar discussion on digital asset markets, institutional adoption, and the latest trends in crypto finance. - [Institutional Adoption of Digital Assets in 2021 and Beyond](https://www.fireblocks.com/webinars/institutional-adoption-of-digital-assets-in-2021-and-beyond-2/): Fireblocks webinar: Institutional adoption of digital assets—insights into trends, challenges, and opportunities in the crypto space in 2021 and beyond. - [Case Study: Creating the First Japanese Stablecoin](https://www.fireblocks.com/webinars/case-study-creating-the-first-japanese-stablecoin/): Case study webinar: Creating the first Japanese stablecoin with Fireblocks, exploring how blockchain can enhance digital asset adoption. --- ## Reports - [Stablecoins 101 for Payments Professionals](https://www.fireblocks.com/report/stablecoins-101/): Explore how fiat-backed stablecoins are transforming cross-border payments, treasury ops, and settlement speed for modern finance. - [Protect your Business from DeFi Signing Attacks](https://www.fireblocks.com/report/protect-your-business-from-defi-signing-attacks/): As DeFi continues to grow in popularity and prominence, hackers around the world are uncovering new vulnerabilities and developing new... - [The New Frontier of Crypto Security](https://www.fireblocks.com/report/the-new-frontier-of-crypto-security/): The rise in cyberattacks on crypto platforms—most recently the Bybit breach—has exposed alarming vulnerabilities across the industry. This report delves... - [Revolutionizing Cross-Border Transactions with Permissioned DeFi](https://www.fireblocks.com/report/revolutionizing-cross-border-transactions-with-permissioned-defi/): Explore how permissioned DeFi can cut cross-border payment costs by up to 80% while boosting speed, security, and compliance. - [Unlocking a New Era for Payment Services with Blockchain Technology](https://www.fireblocks.com/report/unlocking-a-new-era-for-payment-services-with-blockchain-technology/): Unlock a new era of payment services with blockchain technology, driven by Fireblocks' secure infrastructure and innovative solutions. - [Achieving Uniformity of Tokenized Money Through Smart Contracts](https://www.fireblocks.com/report/achieving-uniformity-of-tokenized-money-through-smart-contracts/): Explore how CBDCs, tokenized deposits, and stablecoins can coexist while preserving the uniformity of money in a digital economy. - [Navigating DORA Compliance for Third-Party ICT Vendors: A CISO's Guide with Fireblocks](https://www.fireblocks.com/report/navigating-dora-compliance-for-third-party-ict-vendors/): Introduction As of January 17th, 2025, full compliance with DORA (the Digital Operational Resilience Act) and its technical standards is required for... - [Fireblocks' Multi-Layer Digital Asset Security](https://www.fireblocks.com/report/fireblocks-multi-layer-digital-asset-security/): Discover how Fireblocks protects digital assets with MPC, SGX, and a secure network to prevent hacks, fraud, and operational errors. - [Why Direct Custody is the Future for Financial Institutions](https://www.fireblocks.com/report/why-direct-custody-is-the-future-for-financial-institutions/): Discover why direct custody beats sub-custody for FIs entering the digital asset space—offering control, flexibility, and future-ready tech. - [Tokenization: The Foundation of Digital Financial Markets](https://www.fireblocks.com/report/tokenization-the-foundation-of-digital-financial-markets/): Explore how digitization, securitization, and blockchain-driven tokenization are reshaping access, liquidity, and efficiency in global financial markets. - [A Guide to Digital Asset Wallets and Service Providers](https://www.fireblocks.com/report/a-guide-to-digital-asset-wallets-and-service-providers/): Explore digital asset wallets and service providers with Fireblocks' comprehensive guide, ensuring secure and efficient management. - [Unlocking Web3 for Businesses: Security, Compliance, and Custody](https://www.fireblocks.com/report/unlocking-web3-for-businesses-security-compliance-and-custody/): Explore how Fireblocks enhances Web3 for businesses with top-notch security, compliance, and custody solutions. - [Unlocking the Next Wave of Tokenized Assets](https://www.fireblocks.com/report/unlocking-the-next-wave-of-tokenized-assets/): Explore the future of finance with insights on tokenized assets and their potential to revolutionize the financial landscape. - [Digital Asset Custody and Transaction Processing Leading Practices Using Fireblocks’ MPC solution](https://www.fireblocks.com/report/digital-asset-custody-and-transaction-processing-leading-practices-using-fireblocks-mpc-solution/): Explore leading practices in digital asset custody and transaction processing with Fireblocks' MPC solution in this comprehensive report. - [Liquid Staking 101: Unlocking Liquidity in Proof-of-Stake Networks](https://www.fireblocks.com/report/liquid-staking-101/): Explore Ethereum staking, liquid staking, and key risks and rewards for institutional and retail participants. --- ## Use Cases - [Payments Solutions Revamp](https://www.fireblocks.com/use-case/blockchain-payments/): Launch and scale secure, compliant stablecoin payments faster with Fireblocks - trusted by leading crypto and fintech providers. - [Market Makers / Prop Traders](https://www.fireblocks.com/use-case/market-makers-and-prop-traders/): Bring exchanges, counterparties, and trading venues into one secure digital asset management platform for instant settlement and rebalancing. - [Banks and FMIs](https://www.fireblocks.com/use-case/banks-and-fmis/): The fastest and most cost effective way to take you from PoC to Production. --- ## Integrations - [Compliance](https://www.fireblocks.com/integrations/compliance/): Discover the compliance partners integrated with the Fireblocks platform that ensures financial institutions maintain regulatory alignment. - [Cloud Support](https://www.fireblocks.com/integrations/cloud-support/): Explore Fireblocks' cloud support integrations, enhancing security and efficiency for your digital asset management solutions. - [Exchanges](https://www.fireblocks.com/integrations/exchanges/): Discover the full list of exchanges available on the Fireblocks platform, including Binance, Gemini, Coinbase Pro, and more. - [Protocols](https://www.fireblocks.com/integrations/protocols/): View the full list of protocols available on the Fireblocks platform, including Solana, Ethereum, Songbird, and more. - [Tokens](https://www.fireblocks.com/integrations/tokens/): Fireblocks has the broadest token support in the industry. View the full list of tokens supported on the Fireblocks platform. - [DeFi](https://www.fireblocks.com/integrations/defi/): View all of Fireblocks' integrations with decentralized apps (dApps). Request access to the #1 digital asset management platform today. - [Disaster Recovery](https://www.fireblocks.com/integrations/disaster-recovery/): View all of Fireblocks' integrations for Disaster Recovery. Request access to the #1 digital asset management platform today. - [FIAT](https://www.fireblocks.com/integrations/fiat/): View all of Fireblocks' Fiat banking integrations. Request access to the #1 digital asset management platform today. - [Staking](https://www.fireblocks.com/integrations/staking/): View the full list of DeFi & staking partners integrated with Fireblocks. Request access to the #1 crypto management platform today. - [Accounting and Tax](https://www.fireblocks.com/integrations/accounting-and-tax/): Fireblocks integrates with leading accounting and tax platforms for seamless and easy digital asset tax management. --- # # Detailed Content ## Pages Fireblocks partners with the leading professional services consultants to provide guidance for your digital asset strategies, and to help you implement business transformation quickly and securely --- If you’re in the institutional digital asset space, you’ve probably heard about MPC (multi-party computation). While MPC theory has been around since the early ’80s, it first entered the digital asset space just a few years ago; since then, MPC has become one of the primary technologies wallet providers and custodians are utilizing to secure crypto assets. But what is MPC? How does it work, and what benefits does it have? We’ll walk you through everything you need to know about multi-party computation and its role in digital asset security today. Let’s start with an introduction to cryptography in general to get a better understanding of MPC’s origins. A (Very) Brief Introduction to Cryptography The field of cryptography provides its users with a method for: sending messages that only the intended receiver of the message will understand preventing unauthorized third parties from reading them in case of interception verifying the authenticity and integrity of digital messages from a known sender Though cryptography stretches as far back as the ancient Egyptians, one of the most famous modern examples is the Enigma machine – a device used by the Germans to send encrypted messages during WWII which was finally cracked by the British mathematician, Alan Turing. Whereas cryptography was once primarily the concern of government and military agencies, in the internet era cryptography plays an increasingly central role in the way we all transfer information. While the idea behind cryptography can appear simple, the field does include some extremely complex math. In... --- Decentralized finance (DeFi) – essentially, peer-to-peer interest-earning, borrowing, lending, and asset trading via public blockchains – has surged in the last two years, as near-zero interest rates and rising inflation have encouraged people to look for higher-yielding investment opportunities. While the essence of DeFi is to route around traditional intermediaries, financial institutions are looking to participate in DeFi’s growth. The DeFi market expanded throughout 2020, but its growth rate skyrocketed in 2021. For example, the total value of Ethereum assets deposited and earning DeFi rewards – known as “Total Value Locked,” or TVL – rose from $15 billion at the end of 2020 to $102 billion in late October 2021. That’s still only about 5% of the total crypto marketplace. Some analysts believe DeFi will become an $800 billion industry in 2022. Thus far, DeFi applications have primarily attracted individual, or retail, investors and crypto specialists. However, financial institutions are increasingly looking to enter the space, and there’s a range of infrastructure solutions to help them do so. . For those institutions planning to dip their toes into DeFi, here’s how the landscape looks now, what’s changing, and the developments they can expect to see soon. The Retail DeFi Landscape DeFi is revolutionizing finance by enabling individuals to transact directly, without the need for trusted intermediaries, so it’s unsurprising that it’s gained popularity in the retail banking and investing space. Instead of relying on banks, brokers, and fund managers to manage their money, DeFi enables people to manage assets themselves... --- The financial services industry is in the midst of a global transition to mainstream adoption of digital assets, propelled by several converging trends. A rapidly growing number of businesses and individual investors recognize the value of digital assets such as cryptocurrencies and are seeking to own them. That puts pressure on financial institutions to help them do so. Meanwhile, the variety of digital assets continues to expand along with their collective value, which soared past a trillion dollars in 2020. Major players such as BNY Mellon, Visa, Mastercard, and BlackRock have already signaled that digital assets will play a significant role in their financial strategy. But for digital asset trading to really take off, investors need to know they’re safe. That means the future envisioned by these financial institutions rests on a digital asset custody foundation – which is why these converging trends are driving the need for crypto custody providers that meet the requirements of institutional as well as individual investors. This is no idle concern: criminals have stolen at least $15 billion in cryptocurrencies in recent years. In response, a wide and growing variety of financial institutions, including major banks as well as exchanges and other financial services providers, are seeking to offer investors the ability to securely store, buy and sell digital assets. These custodial services require specialized technology that combines strong security with speed, scalability, and operational flexibility. Because the availability of these services will encourage greater digital asset investment, digital custody offerings are critical to... --- This content is password protected. To view it please enter your password below: Password: --- As a business leader evaluating digital asset wallet and service providers, it’s important to understand the deeper implications of each wallet custody model and ensuring your wallet provider is compliant and adheres to best practices. Whether you’re an established enterprise, a new startup, or traditional finance institution, this guide offers a foundation for understanding different wallet types and service providers, highlighting each of their distinguishing characteristics to help you determine which custody model works best for your digital strategy, and the considerations to keep in mind when selecting digital asset wallet services. Wallet Types and Providers Each wallet type and wallet provider has different characteristics. Below is a terminology of the key players in wallet security and roles. Custody technology service provider refers to a digital asset wallet service provider that provides a technology or software solution for the creation, administration and security of digital asset wallets. Fireblocks is an example of a custody technology service provider. Business refers to the contracting party with either a custody technology service provider or a subcustodian. A business may contract with wallet providers to enable a variety of use cases, ranging from the administration of their own assets (i. e. treasury management) to the “white labeling” of wallets to provide services to their own end-user customers (i. e. retail custody). End-user refers to the customer(s) of the business. Th end users may have a contractual relationship with the business but they rarely have a direct contractual relationship with the wallet service provider. Subcustodian... --- What This Policy Covers I. What Is A Cookie II. What Type of Cookies Do We Use III. How Can I Control Cookies IV. Changes to This Cookie Notice V. Contact Us Cookie Policy EFFECTIVE DATE: JULY 2024 This cookie policy (“Cookie Policy”) describes how Fireblocks Inc. and our affiliates (“Fireblocks”, “we”, “our” or “us”) collect and process information about you when you visit our website (“Website”). For more information about Fireblocks, and how we protect visitor information, please see our Privacy Policy. What Is A Cookie A cookie is a small text file placed on your device by the websites that you visit. Cookies are then sent back to the website on each subsequent visit, or to another webpage that recognizes that cookie. Cookies are used in order to make the website work, or to work more efficiently, as well as to provide information to the owners of the website. Such information may be used to provide a more personalized and responsive service. Cookies may be either first party cookies set directly by us to your device, or third-party cookies set by a third-party provider on our behalf. Whenever you use this Website, information may be collected through the use of cookies and other similar technologies. What Types Of Cookies Do We Use? When we use cookies on our Website, we may classify them into any one of the following categories: “Strictly Necessary” cookies are necessary for the website to function and cannot be switched off in our systems.... --- --- ## Posts Key Takeaways When I joined Fireblocks ten months ago, stablecoins were just starting to break into the payments conversation. Today, that conversation is everywhere. At Stablecon 2025 and in one-on-one conversations with PSPs, global marketplaces, and fintech leaders, I’ve seen the shift firsthand: stablecoins have crossed the chasm. In 2024 alone, Fireblocks infrastructure facilitated over $1. 5 trillion in stablecoin transaction volume. That accounted for more than half of all digital assets moved across our platform. Our technology now powers stablecoin operations for many of the world’s leading PSPs, including Worldpay, Moonpay, Nuvei, and Bridge. These are real, production-scale payments across 65+ blockchains—live and growing. This blog kicks off a series where I’ll share what I’m seeing in the field and how leading teams are thinking about stablecoins—from adoption to compliance to infrastructure decisions. We’ll start here: why stablecoins are gaining traction with PSPs and remittance firms, and how they’re improving speed, access, and capital efficiency in cross-border payments. Key Advantages of Stablecoins for Payments and Remittance Providers Stablecoins—cryptocurrencies pegged to stable assets like USD or EUR—are no longer just a tool for crypto traders. I hear it from PSPs and remittance providers all the time: they’re starting to view stablecoins as part of their core payment strategy. The reasons are clear. From programmability and price stability to faster cross-border settlement, stablecoins are helping these companies modernize how money moves across borders, with tangible impact on the user experience and business operations. Here’s a breakdown of the most common benefits... --- Banks and Financial Market Infrastructures (FMIs) have approached blockchain technology with both excitement and caution in recent years. They have been discouraged by regulators from engaging with permissionless blockchains. Many financial institutions have spent large amounts of time and money developing digital asset capabilities on highly permissioned and proprietary alternatives. Not without irony, they have then wondered why these solutions have failed to scale and failed to keep up with rapid innovations elsewhere in the ecosystem. Blackrock’s decision last year to issue its BUIDL money market fund on Ethereum, a leading permissionless blockchain, materially shifted market dynamics. Following JP Morgan’s recent announcement that they will deploy JPMD on Base, another permissionless blockchain, regulators will be scrambling to fix their outdated frameworks on the risks and benefits of blockchains in the financial system. Having written a white paper on the role of permissioned and permissionless blockchains in the financial system of the future, Fireblocks was invited to host and take part in discussions on the subject at the Point Zero Forum in May this year. Here are some of our key takeaways. The Regulatory Mismatch Banks that wish to engage with permissionless blockchains face a complex web of requirements, many of which were written without a nuanced consideration for distributed infrastructure. There are essentially three regulatory frameworks that impact the use of permissionless blockchains: privacy laws, like GDPR; capital requirements, like Basel III; operational resilience rules, like DORA; and anti-money laundering frameworks, like the FATF standard. The Challenge with Basel III... --- Minna Bank (“Minna no Ginko”), Japan’s first digital-native bank and a subsidiary of Fukuoka Financial Group, has announced a landmark initiative to explore how stablecoins and Web3 wallets can transform everyday financial services. In collaboration with Fireblocks, Solana, and TIS, the study will assess the technical and practical applications of stablecoins for real-world payments, trading, and next-generation user experiences. Why is Minna Bank Exploring Stablecoins Now? As global momentum around stablecoins accelerates, this joint effort reinforces Minna Bank’s commitment to shaping the future of finance through digital-native infrastructure. With stablecoin adoption becoming more mainstream, the study will focus on: Validating stablecoin issuance on the Solana blockchain Exploring consumer and business use cases Integrating stablecoins into digital payments, real-world asset (RWA) trading, and Web3 wallets Stablecoins are reshaping how value moves across the digital economy. By working with Minna Bank, we will explore how stablecoins can unlock new efficiencies and financial experiences for both consumers and businesses in Japan. Michael ShaulovCEO and Co-FounderFireblocks With a market capitalization surpassing $250 billion, stablecoins are among the most significant innovations in digital finance. Banks around the world are moving from pilots to scaled deployments—across cross-border payments, tokenized deposits, and on-chain settlement infrastructure. This new collaboration marks a pivotal step in extending those benefits to Japan’s domestic market. Redefining Everyday Banking for Japan’s Digital-First Generation Minna Bank pioneered the world’s first fully cloud-based core banking system. It offers: 24/7 availability A clean, intuitive user experience Seamless for digital-native users Over 70% of Minna Bank’s customers... --- June sustained the stablecoin momentum, especially in the U. S. , where legislation is at the final stretch. Around the world, regulators continued refining crypto intermediary and tokenization frameworks. A GENIUS Summer The steady drumbeat of stablecoin policy news continued in the month of June. The rhythm was set in DC, as the GENIUS Act passed in the Senate with bipartisan support. We still expect it to be signed into law before the August recess, guided (among other signals) by President Trump’s comments on social media. More than just a legislation, the GENIUS Act is a signal. While formally clarifying rules for issuing stablecoins in the U. S. , it legitimizes the tokenized payments industry and gives it certainty extending beyond electoral cycles. This certainty is mission-critical for banks and payment providers. Even though they are already legally permitted to facilitate stablecoin transfers (following regulatory reversals from earlier in the year), they have the GENIUS Act go-live date marked in their calendars for that reason. Transatlantic Views US developments are putting regulators elsewhere on alert. Central banks remain uncertain of the systemic impact of using stablecoins at scale, not only for payments, but also for wholesale settlement use cases. In the UK, the Financial Conduct Authority (FCA) and the Bank of England had a busy June and will have a busy July, collecting industry feedback on their proposed safekeeping and stablecoin rulebooks. The consultation window for crypto intermediary rules closed mid-month. The UK will end up with a two-tier stablecoin... --- According to our 2025 State of Stablecoins report, only 10% of respondents said they were undecided on stablecoin adoption. Stablecoins are becoming a core component of modern payment rails as payment providers, banks, and fintechs look to move faster, expand globally, and stay competitive. At Fireblocks, we’ve spent the past five years building digital asset infrastructure with over 300 financial institutions. Stablecoins are now central to many of their strategies. In 2024 alone, our platform processed more than $1. 5 trillion in stablecoin transactions. What represented just 20% of our total volume in 2020 now accounts for over 55%. Today, 10–15% of all global USDC and USDT flows are routed through Fireblocks. The message is clear: interest is no longer the constraint. Execution is. And at scale, execution depends on infrastructure. The architecture you choose today will determine how effectively you grow, adapt, and stay ahead. These five infrastructure imperatives define what scalable success looks like. 1. Leverage Infrastructure That Scales with Your Stablecoin Journey Every payments provider starts somewhere on the stablecoin adoption journey. Some of you enter the market as Crypto-Remote, working through partners to provide basic stablecoin capabilities while keeping digital assets off the balance sheet. But our experience tells us that you will evolve your approach in order to: control the transaction flow and settlement process; own your customer experience; capture margin gains; and mitigate risk. You may make an interim step to Crypto-Related, managing wallet infrastructure with a partner, for example. Or like many today,... --- Digital wallets are the gateway to on-chain applications—and the expectations for how they’re delivered have changed. Product and engineering teams want more speed, less complexity, and full control over the user experience. They’re looking to test in hours, and go live this week. That’s exactly why we launched Embedded Wallets: a faster, lighter way to deploy white-labeled, secure self-custody wallets inside any app or service. No backend dependencies. No weeks-long integration. No compromises on security. Just an SDK and a few lines of code - designed to help you move from prototype to production in days. Why We Built It We’ve always believed that wallet infrastructure shouldn’t stand in the way of innovation. We built Embedded Wallets to give developers a way to integrate white-labeled, self-custody wallets directly into any app or service, backed by Fireblocks’ battle-tested and secure infrastructure. Since launching Embedded Wallets last year, customers have used Fireblocks to power secure wallets for fintech apps, crypto exchanges, gaming platforms, and identity projects. We quickly learned that teams wanted to: Test quickly, without needing to build a backend first Choose their own architecture - client-side, backend-managed, or hybrid Cut integration times to meet aggressive launch timelines That’s why we’ve taken everything we’ve built—enterprise-grade security, white-label flexibility, and self-custody by design—and reengineered the developer experience around speed, simplicity, and control. At up. io, our self-custody wallet is built with a focus on both security and usability. Fireblocks’ platform has been instrumental in helping us deliver the level of security our... --- Digital wallets are the gateway to on-chain applications—and the expectations for how they’re delivered have changed. Product and engineering teams want more speed, less complexity, and full control over the user experience. They’re looking to test in hours, and go live this week. That’s exactly why we launched Embedded Wallets: a faster, lighter way to deploy white-labeled, secure self-custody wallets inside any app or service. No backend dependencies. No weeks-long integration. No compromises on security. Just an SDK and a few lines of code - designed to help you move from prototype to production in days. Why We Built It We’ve always believed that wallet infrastructure shouldn’t stand in the way of innovation. We built Embedded Wallets to give developers a way to integrate white-labeled, self-custody wallets directly into any app or service, backed by Fireblocks’ battle-tested and secure infrastructure. Since launching Embedded Wallets last year, customers have used Fireblocks to power secure wallets for fintech apps, crypto exchanges, gaming platforms, and identity projects. We quickly learned that teams wanted to: Test quickly, without needing to build a backend first Choose their own architecture - client-side, backend-managed, or hybrid Cut integration times to meet aggressive launch timelines That’s why we’ve taken everything we’ve built—enterprise-grade security, white-label flexibility, and self-custody by design—and reengineered the developer experience around speed, simplicity, and control. At up. io, our self-custody wallet is built with a focus on both security and usability. Fireblocks’ platform has been instrumental in helping us deliver the level of security our... --- As Ethereum ETFs gain traction, Fireblocks offers clients direct access to LsETH—combining ETH staking rewards with liquidity and compliance. Fireblocks has joined Liquid Collective as a Platform, adding support for Liquid Collective’s Liquid Staked ETH (LsETH). This integration enables institutions to stake ETH and access Ethereum network rewards while preserving liquidity and capital efficiency. Fireblocks’ more than 2,000 institutional clients, including funds, asset managers, custodians, and banks, can now stake their ETH to mint LsETH, a liquid staking token (LST) that represents staked ETH + ETH network rewards, directly from their Fireblocks staking dashboard. Fireblocks is focused on delivering institutional access to best-in-class digital asset solutions, and we’re excited to expand our platform’s staking capabilities with support for LsETH. Ezra Solomon Staking and Blockchain Strategy Lead Fireblocks “With LsETH, our customers gain an enterprise-grade, liquid staking option that allows them to access Ethereum staking rewards while preserving capital efficiency with multiple potential use cases. ” Liquid Collective is the only liquid staking solution purpose-built for institutions through a distributed, interoperable, and compliance-focused framework. As a LsETH Platform, Fireblocks joins a network of trusted industry players, including Anchorage Digital, Coinbase, Kraken, Blockdaemon, Figment, and others. This collaboration comes as institutional interest in staking continues to grow. As ETPs, funds, asset managers, and banks seek greater participation in the blockchain ecosystem, the demand for enterprise-grade, compliance-focused staking solutions has increased. The integration of LsETH into the Fireblocks platform provides critical infrastructure to meet this demand, offering a secure and streamlined pathway for... --- As institutional trading giants move into crypto, success won’t hinge on trade ideas, but on infrastructure. Adoption has been driven by growing institutional interest: new revenue opportunities, evolving regulation, and the demand for 24/7 trading infrastructure. For sophisticated firms such as multi-strategy hedge funds, high-frequency trading firms, and global asset managers, entering a new asset class isn’t taken lightly. It requires robust, scalable infrastructure that meets internal standards for security, compliance, and operational control. Leading trading firms do not adopt fragmented or inflexible systems. Their scale, complexity, and risk profile demand institutional-grade architecture that supports multiple execution paths, counterparties, and risk frameworks, without tradeoffs between security, speed, and extensibility. Crypto is different. The markets are fragmented. Counterparty risk is embedded in day-to-day workflows. And the pace of change? Unrelenting - faster than traditional finance has ever moved. In this environment, success is about getting the foundation right, not chasing product trends. Set the Right Foundation, Don’t Retrofit Later Many new entrants underestimate the compounding operational debt that comes from stitching together siloed point solutions: one for custody, another for trading, a third for settlement, and manual processes to reconcile between them. These setups may work for an initial trading strategy but quickly buckle under the weight of: Expanding to new venues (centralized or decentralized) Interfacing with new prime brokers, custodians, or OTC desks Scaling operations across geographies or business units Meeting regulatory expectations for segregation, risk controls, and asset safety This is where Fireblocks delivers a decisive advantage — by... --- The strategic conversation around stablecoins has moved beyond innovation labs and pilot programs. It’s now a focus in executive leadership meetings and shareholder reports. In June, Bank of America’s CEO highlighted stablecoins as a potential new form of transaction account, one the industry must be ready for. SMBC has signed a multi-party MOU to explore wholesale stablecoin infrastructure. These are signals of a global shift, and our State of Stablecoins 2025 report confirms it: stablecoins are mainstream infrastructure priority. After all, among nearly 300 financial institutions we surveyed globally, 49% report using stablecoins today, and another 41% are in the pilot or planning phase. That includes Tier-1 banks, regional institutions, and globally-regulated financial players, all pursuing ways to modernize payments, treasury, and settlement infrastructure. As our CEO Michael Shaulov observes, we’re past the ‘why’ stage. For banks, the conversation has turned decisively to how to execute. Banks Are Already in the Game—Silently, Strategically, and Globally Stablecoin adoption is often assumed to be the domain of fintechs or crypto-native firms. But in reality, traditional financial institutions are moving with purpose. Many just haven’t been broadcasting it, until now. The State of Stablecoins 2025 survey reveals that nearly half of all institutions (49%) are already using stablecoins for payments. This cohort includes not only forward-leaning fintechs but also Tier-1 banks, regional players, and established lenders. These institutions may be taking different paths, but the destination is the same: modernized payments and treasury infrastructure. Examples abound. Bancolombia, the country’s largest commercial bank, has... --- In an April 2025 speech at the Exchequer Club, Acting Comptroller of the Currency Rodney Hood identified “expanding responsible bank activities involving digital assets” as one of the OCC’s top four strategic priorities. “National banks and federal savings associations are well positioned to engage in this space responsibly,” Hood noted—underscoring both the agency’s evolving posture and its confidence in the readiness of the banking sector to participate in the digital asset ecosystem. The following month, the OCC took a concrete step in that direction with Interpretive Letter 1184, which reaffirmed that banks may custody cryptocurrency and engage in related services without prior supervisory approval—so long as those activities comply with applicable law, and meet key regulatory expectations around safety and soundness. This letter removes a significant procedural hurdle, but it does not diminish regulatory expectations. In practice, it also raises important operational questions for banks: What does “appropriate third-party risk management” entail in a crypto context? How should financial institutions align their existing policies and processes around cybersecurity, compliance, and capital treatment to address the crypto-specific activities on their roadmaps? In this post, I explore these questions and outline key considerations for banks seeking to engage with digital assets in a manner that aligns with regulatory standards and institutional best practices. New Product Approvals and Third-Party Risk OCC Interpretive Letter 1184 clarifies that banks may launch crypto-related services if they comply with customer agreement and applicable law. But the letter also reinforces that such activities must align with broader OCC... --- At this year’s Money20/20 Europe, the focus was clear and pragmatic. Three themes came through consistently: digital identity, stablecoins, and open banking. Each reflects a broader shift underway. Institutions are moving from exploration to implementation. Regulatory frameworks are taking shape. Infrastructure is evolving to meet new demands. These priorities emerged across our discussions with partners, customers, and colleagues—and signal where the market is heading. Trust as Currency: The Rise of Digital Identity In today’s digital economy, the most valuable transaction isn’t always monetary. It’s trust—especially when it comes to payments. Digital identity emerged as a foundational topic—not simply about anonymity, but about privacy preservation. It allows individuals to control their data exposure while meeting the authentication needs of institutions. The EU’s 2026 mandate for a digital identity wallet reflects this shift, aiming to create an interoperable, trusted system that gives citizens control over their information and the ability to authenticate transactions across borders. That trust layer is fast becoming table stakes to payment infrastructure. Charles Hoskinson described this evolution as the “fourth generation” of digital assets—defined by programmable privacy, decentralised identity, and seamless integration between traditional and decentralised finance. Delivering on that vision will require collaboration between public and private infrastructure, supported by interoperability, granular APIs, and systems that can adapt to changing regulatory and technological demands. That means future-proofing not only for regulatory requirements, but for real-world complexity across payment flows, jurisdictions, and use cases. At Fireblocks, digital identity is built into our infrastructure not as a standalone feature,... --- Asia is leading the world in real-world stablecoin adoption. According to our 2025 State of Stablecoins report, 56% of institutions in the region are already live—the highest adoption rate globally. Another 40% are either piloting or planning implementation, making stablecoins a foundational layer of Asia’s evolving payments infrastructure. Across markets like Singapore, Seoul, Tokyo, and Hong Kong, institutions are moving quickly—not just to explore stablecoins, but to scale them. Whether it’s supporting cross-border growth, managing liquidity at scale, or responding to customer demand, stablecoins are becoming central to how institutions operate across the region. Why Asia, Why Now? Stablecoins are now a strategic lever for institutions across Asia—especially when it comes to growth. Nearly 49% of Asian respondents cite expansion into new markets as their primary driver. That’s because Asian payment service providers, fintechs, and banks understand that their clients—whether individual freelancers, major ecommerce platforms, or steel exporters—are cross-border by default. Stablecoins offer the speed and reach they need to stay competitive in a global economy. As Eric Barbier, CEO of Triple-A, says in the report: “Global trade corridors move billions daily—and now they’re doing it faster with stablecoins. Adoption is being driven by traditional B2B players like ship brokers and steel traders, not just crypto or tech firms. The infrastructure is in place, and the value is clear. ” Execution Requires Readiness—Asia Has It Asia’s lead in live adoption is built on infrastructure. 85% of respondents in the region have established partnerships to support stablecoin use, and 78% say... --- This year at Stablecon 2025, I had the privilege of delivering the opening keynote on behalf of Fireblocks. We supported the inaugural event as title sponsor because we believe stablecoins are reaching a pivotal moment—and this gathering marked an important step toward shaping the conversations that will define the space. For us, it was also a moment to take stock of how far the ecosystem has come—and the role Fireblocks continues to play at the center of it. In 2024 alone, the Fireblocks platform processed over $1. 5 trillion in stablecoin transactions. What began as just 20% of our total volumes in 2020 now accounts for over 55%. That shift tells a broader story about where institutional finance is heading—and how fast it’s moving. Today, between 10–15% of all global USDC and USDT transactions are routed through Fireblocks infrastructure. We power stablecoin operations for many of the world’s most respected issuers, PSPs, banks, and crypto-native firms—companies like Worldpay, ZeroHash, ABN AMRO, B2C2, Bitso, Moonpay, Nuvei, Banking Circle, YellowCard, Conduit, and Bridge. After five years working alongside these institutions, we’ve seen firsthand what it takes to build a secure, scalable, and sustainable stablecoin business. Stablecon was the right time to take stock of how far we’ve come—together—and to sharpen our focus on what’s ahead. Payments in Production: Institutions Are Deploying Stablecoins for Real At our SPARK customer event last year, Paolo Ardoino, the CEO of Tether, shared a perspective that’s stuck with me. He talked about how Tether started as a... --- Confidence Drives Commitment Confidence in Latin America is not just high—it’s active. Only 29% of institutions cited regulatory uncertainty as a barrier (compared to a global average of 41%), and just 7% mentioned lack of internal expertise—the lowest of any region. Over 70% say their infrastructure, including APIs and wallets, is already ready for stablecoin integration, and 86% have partnerships in place to support this shift. This foundation is what enables institutions to move beyond experimentation. PSPs, fintechs, and financial institutions in Latin America are not waiting for use cases to develop—they’re responding to clear, sustained demand. A full 75% of respondents noted growing customer interest in stablecoin-based products. Meeting Demand at Speed and Scale Cross-border payments are the leading use case in Latin America—71% of respondents cite it as their primary application, significantly ahead of the 49% global average. This reflects the region’s urgency to solve longstanding frictions in international transfers. Bitso, one of the region’s largest exchanges and retail platforms, supports over 8 million users and 1,000+ institutional clients. By combining stablecoins with local payment rails, we’re unlocking a powerful cross-border experience—something traditional banking infrastructure simply can’t deliver. Nano RodriguezHead of Strategic AlliancesBitso Bancolombia Group has also launched a Colombian peso-backed stablecoin ($COPW) through its digital asset platform Wenia. The project is designed to give retail users access to secure, programmable alternatives to traditional payment methods. This demand is further validated by the survey: 40% of respondents in Latin America cite customer demand and 33% cite market expansion... --- Stablecoins. Did anyone (in crypto) talk about anything else this May? A Stablecoin Act by August The GENIUS Act cleared several procedural hurdles with bipartisan support. It is now headed for a final vote in the Senate and a journey through the House. The expectation is for a stablecoin legislation to be submitted for the President’s signature before DC’s summer recess. To get here, amendments had to be made to secure support from the Senate Democrats, after a blocked cloture vote in April. Those covered anti-money laundering protections and innovations, restrictions around foreign issuers, and the treatment of payment stablecoin issuers in insolvency proceedings. BigTech Fears in the Balance One of the most curious debates was around BigTech and their potential expansion into payments territory, giving them the power to “print their own money” or use consumer data to corner markets. It reminded me of European debates on MiCA and on open data, during the Financial Data Access Regulation (FiDA) negotiations. Then and now, my view is this: legislators and supervisors must ensure that consumer data cannot be leveraged outside the activity for which it was given. But a compliant BigTech firm should not be precluded from an economic activity out of hypothetical fears. Are Stablecoin Issuers Banks? Tech, big or not, entering the banking and payments space proves to be an emotive topic. This month, a public debate reignited, aired by the Economist and the FT, on whether stablecoin issuers should simply be required to get a banking license.... --- Financial market infrastructures (FMIs) form the backbone of the global financial system, playing a vital role in ensuring its safety, efficiency, and overall stability. FMIs—including payment systems, securities settlement systems, central securities depositories (CSDs), central counterparties (CCPs), and trade repositories—are now under growing pressure to evolve. This is because blockchain technology is introducing a new model for how markets operate and value moves: faster, more transparent, and in many cases, without the need for traditional intermediaries. Siemens’ digital bond issuance in 2023, conducted under the German Electronic Securities Act, was executed without the involvement of a single FMI. It’s a landmark example that forces a pressing question: how do FMIs remain essential in an increasingly decentralized financial system? The answer is not resistance, but leadership. FMIs should take an active role in shaping the architecture of the emerging digital asset ecosystem—building on their scale, trust, and expertise. FMIs at Scale: Transformation Without Disruption FMIs manage financial flows of unparalleled volume and complexity: In 2024, the Depository Trust & Clearing Corporation (DTCC) processed transactions worth nearly $4 quadrillion. Euroclear, one of Europe’s largest central securities depositories, holds over €40 trillion in assets. These volumes make FMIs indispensable—but also cautious. Change must be coordinated, resilient, and safe. That said, we know that FMIs can—and do—deliver large-scale innovation without compromising market stability. Consider DTCC’s successful coordination of the recent U. S. transition to a T+1 settlement cycle—a complex, far-reaching change that required extensive market alignment. It’s a testament to the industry's capacity for... --- Stablecoins have moved beyond early experimentation, as Fireblocks' State of Stablecoins 2025 report shows. Based on insights from nearly 300 C-suite executives across banking, fintech, and crypto-native firms, the findings indicate a clear shift from pilot programmes to operational deployment. In Europe, that shift is unfolding with measured intent—driven by regulatory clarity, infrastructure readiness, and a clear focus on competitive positioning. Key indicators from the report help explain how stablecoins are being integrated into institutional payments infrastructure across the region. Europe takes a measured approach to stablecoin integration Europe's path differs from other regions not in ambition, but in pace. The introduction of MiCA, alongside regulatory progress in the UK, has provided a level of clarity many global peers are still seeking. Only 18% of European respondents cite regulation as a barrier to adoption, and 58% are already using or planning to use stablecoins in payment flows. This is not a matter of hesitation. It reflects deliberate planning. Institutions across the region are working to ensure stablecoin integrations are robust, secure, and aligned with existing compliance standards. Clarity from MiCA is opening a path to competitive positioning Whereas growth-oriented metrics dominate globally, in Europe, 37% of firms cite competitive pressure as their primary driver for stablecoin adoption—the highest of any region. With MiCA offering greater regulatory clarity, many institutions are now looking to establish a competitive position within a more clearly defined framework. Rather than holding back for guidance, firms are beginning to shape their own strategies, knowing the regulatory... --- In today’s financial system, stability isn’t optional—it’s the baseline. With banks embracing digital asset rails, stablecoins moving at scale, and regulation turning into a green light, the demand for enterprise-grade continuity has never been higher. According to our recent State of Stablecoins report: Traditional banks are 2x more likely to prioritise cross-border payments over any other use case – this is 24/7/365 86% of respondents believe their infrastructure is ready for stablecoin flows. 90% view regulation as a growth catalyst, not a blocker—a 60% swing from just a year ago. Yet despite this momentum, many institutions still face a major blocker: ensuring continuity and compliance standards that match the rigor of traditional financial systems. That’s where Fireblocks Business Continuity Module comes in. Built for the Future of Regulated Finance The Business Continuity Module (BCM) is a self-hosted, autonomous signing solution designed to ensure operational resilience, even in the rare event of a Fireblocks platform disruption. Continuity isn’t just about uptime—it’s about meeting internal controls and compliance standards that mirror core banking infrastructure. BCM was built with those exact requirements in mind. BCM enables secure, standalone transaction signing for institutions using Fireblocks' hosted MPC solution, with full support for hot workspaces (continuity via API-based co-signers) and cold workspaces offline signing preserved via the Fireblocks Cold Wallet and BCM QR app. These capabilities deliver: Resilient operations without compromising security Alignment with enterprise continuity expectations Confidence for compliance teams and regulators to greenlight innovations Operational Readiness from Day One BCM isn’t just a... --- Three Years Ago, We Called It Three years ago, we put together a slide showing how we believed stablecoin payments would evolve within businesses. The premise was simple: Blockchain is another payment rail, just like ACH, Wire, SEPA, etc. Stablecoins are the best medium to move monetary value on that rail. Eventually, all businesses will have to gain access to it, just like they have access to banking or FX. There will be driving forces along the way that would contribute to the evolution, but the most critical two are the tokenization of more currencies and the proliferation of legitimate on/off-ramps (the x-axis on Figure 1). Regulations underpin all of this. As those become clearer, more encompassing, and more interoperable across key jurisdictions, the other milestones mentioned above will occur faster. Figure 1 Fast forward to today, and we’re watching this play out in real time. The shift to stablecoins isn’t theoretical anymore—it’s happening. In the last twelve months, we have moved from sporadic exploration to massive experimentation, and now, implementation. Let’s double-click on the journey that PSPs are going through. Up until now, the default posture for most traditional (and by traditional, I mean fiat only) payment service providers has been Crypto-Remote—keeping a safe distance from digital assets, outsourcing the ‘crypto part’ to third parties, and largely pretending crypto doesn’t exist while still reaping some of the benefits (and obviously being able to market an offering that has digital assets in it). But that’s changing fast. Regulatory tailwinds, institutional... --- This week, Fireblocks announced a series of new products and features to make the blockchain experience a whole lot smoother. Whether onboarding users, scaling a DeFi app, or powering global payments, gas fees have long been a barrier to seamless retail applications for digital assets. With Universal Gasless, Fireblocks is removing a significant blockchain complexity. Now, your users can send and receive assets across EVM-compatible chains without holding native gas tokens — no prep, no manual setup, no support calls.   Making the Blockchain Invisible Universal Gasless is Fireblocks’ first implementation of EIP-7702, introduced with Ethereum’s Pectra upgrade in May 2025. The standard allows Externally Owned Accounts (EOAs) to act like smart contract wallets. Fireblocks wraps the EOA and manages the gas logic on your behalf, securely abstracting away the complexity of gas fees — while maintaining full compliance, visibility, and control. This unlocks: Frictionless Onboarding: No more requiring users to first acquire ETH. Let them receive and send digital assets out of the box—no wallet prep or support calls. Operational Efficiency at Scale: Forget managing thousands of gas wallets. Universal Gasless automates gas handling behind the scenes, so your ops team can focus on growth, not maintenance. Seamless Experience: Users interact using the tokens they know—and your business delivers a consistent gasless user experience across EVM chains, and Solana. Where Gasless Makes the Biggest Impact Universal Gasless isn’t just a convenience — it’s an adoption accelerator for digital asset platforms moving toward mainstream scale. For consumer wallets and superapps,... --- This week, Fireblocks is expanding its platform with new capabilities that simplify, automate, and accelerate digital asset operations for your business. At the heart of the digital asset ecosystem, Fireblocks powers thousands of institutions moving billions in assets. As businesses grow in scale and complexity, so do the operational demands behind the scenes—from structuring wallets across clients and jurisdictions to ensuring funds move where they need to, fast. We've seen firsthand how fragmented tools, manual workflows, and rigid infrastructure slow teams down and introduce unnecessary risk. Yesterday we introduced two powerful features—Wallet Tagging and Sweeping—designed to give teams the structure and automation they need to move faster, reduce complexity, and stay ahead. Smarter Operations for Every Scale Wallet Tagging and Sweeping bring structure, automation, and real-time control to digital asset operations. Wallet Tagging introduces a flexible new way to organize your digital asset infrastructure, with custom tags applied to wallets using your own logic. Whether you're a retail exchange managing thousands of customer wallets or a payments company structuring flows by client or region, Wallet Tagging helps you scale operations without re-architecting your setup. Key Benefits Dynamic Organization: Instantly adapt wallet structures as your business evolves—no rigid categories, no rebuilds. Operational Clarity: Filter wallets instantly across the Fireblocks Console or API for faster workflows and reduced human error. Audit-Ready Infrastructure: Group accounts with precision for easier internal controls, reporting, and regulatory alignment. Automation-Enabled: Use tags as triggers in Fireblocks Automation—sweep tagged wallets, route transactions, or define logic-based policies. Sweeping is... --- You’ve launched your protocol—or you're close. Engineers are building. TVL is starting to grow. But behind the scenes, your treasury operations are still stuck in browser wallets, spreadsheets, and Slack messages. That’s not just inefficient. It’s a liability. Strong treasury infrastructure isn’t a nice-to-have. It’s a growth enabler. Without it, your finance, ops, and engineering teams spend time plugging gaps instead of shipping products or scaling adoption. The Hidden Cost of Manual Treasury Management Most early-stage protocols are still managing capital the hard way: No audit trail across developer wallets Manual gas top-ups and token distributions Risk-prone key management via browser extensions Onboarding and offboarding that drags No policy enforcement across environments Delays in paying vendors, contractors, or tokenholders These gaps aren’t just technical. They affect your operational speed, compliance posture, and internal trust. Key Takeaways Manual treasury ops introduce risk, inefficiency, and complexity Fireblocks enables secure, automated, policy-driven workflows Teams scale faster when governance, payouts, and custody are unified Fireblocks for Protocols & Foundations Fireblocks gives Web3 foundations and protocols a secure, institutional-grade treasury management platform to run their operations from day one — whether you’re pre-TGE or managing billions in assets. With Fireblocks, teams can: Automate digital asset treasury management operations Control governance rules across users, teams, and smart contracts Enable multi-user crypto wallet management Eliminate key exposure with MPC wallet as a service Export auditable records and integrate with analytics tools Why DIY Doesn’t Scale Browser wallets aren’t built for teams or production environments Shared keys and... --- The release of our State of Stablecoins report coincided with my time in Toronto for Consensus 2025, and I could not have asked for better timing.   Stablecoins were everywhere: on-stage, in hallway conversations, across the expo floor. This wasn’t just crypto-native energy. It was banks, fintechs, regulators, and payment providers all coming to the same conclusion: stablecoins are no longer theory. They’re infrastructure. As Fireblocks CEO Michael Shaulov noted in his fireside chat at Consensus 2025, stablecoins are no longer emerging—they’re embedded. In just the last 90 days, they’ve made up roughly 50% of total volume across our platform. Our report confirms this: 49% of institutions globally are already using stablecoins for payments today, and another 41% are in the piloting or planning stages. This is not theoretical interest. It’s tangible progress. The industry is vibrant and building, laying down the infrastructure for the future of financial services. In this blog, I take a closer look at the report’s findings specific to North America. The progress being made here is set to influence the pace and scope of global adoption in the months and years ahead.   North America’s Edge: Use Case Breadth While Latin America is leading on live usage and Asia is scaling liquidity, North America stands out for its integrated approach.   Institutions here are rolling out stablecoin flows across a variety of areas, including: Cross-border payments (39%) Payments acceptance (22%) Merchant settlement (18%) Internal treasury (12%) B2B invoicing (9%) Stablecoins bring value to more than... --- Powering over 2,000 businesses and securing more than $10 trillion in digital asset transactions , we know what it takes not just to participate in this new economy — but to lead it.   In the past 12 months, we’ve seen a clear shift. Crypto is entering the mainstream — and fast. With digital assets getting integrated into modern finance, the infrastructure supporting them must rise to the occasion — purpose-built for scale, security, and resilience. This moment demands infrastructure that is 10x better — across security, simplicity, scalability and interoperability — to meet the needs of real businesses and billions of users worldwide. 10x: Security, Simplicity, Scale Over the past year, three structural forces have redefined what it truly means to be ‘mainstream-ready. ’  First, security threats have become more sophisticated and relentless. In 2024 alone, there were 303 major hacks resulting in over $2. 2 billion in stolen assets, not to mention the $1. 5 billion breach at Bybit earlier this year. The scale and velocity of these threats make one thing clear: if your infrastructure can’t adapt faster than the threat, it becomes the threat. Second, we’ve entered a consumer-grade era. Today’s users expect intuitive, seamless experiences. Businesses need infrastructure that responds quickly to the evolving ecosystem to ensure this.   Finally, network activity has exploded. Transaction volumes are hitting unpredictable peaks, driven by everything from memecoins, cross-border transactions, to institutional settlement flows. The 1000% spike in traffic on Solana is one of many to come. Introducing... --- The crypto market has grown to over $3. 2 trillion, driven by institutional adoption, stablecoin innovation, and a boost in DeFi activity. But every new dollar—and every new user—expands the attack surface potential. From credential stuffing and phishing, to malicious smart contracts and front-end exploits, today’s threat landscape is broader, faster, and more sophisticated than ever. And with AI-enabled attackers scaling reconnaissance and social engineering, the risk has never been higher. At Fireblocks, security isn’t only a product—it’s a philosophy. From day one, we’ve taken a defense-in-depth approach, securing every layer of digital asset operations: credentials, addresses, policies, and workflows. Today, we're introducing powerful new innovations in Fireblocks' security architecture—designed to help you scale with confidence. The Next Generation Fireblocks Policy Engine Policy controls are the foundation of secure digital asset operations. They define who can move assets, when, where, and how much—and keep teams aligned across treasury, trading, and product workflows. That’s why we rebuilt the Policy Engine from the ground up with more granular control, intuitive UX, and scale-ready logic. This is additive to all governance policies created and managed via Fireblocks’ API. With the new Policy Engine, businesses get: Segmented views by action type for easier navigation and management Multi-asset rules to reduce duplication and simplify logic A guided rule builder that simplifies even advanced configurations Inline summaries and rule naming, giving teams clarity and confidence Supports API-first workflows with APIs for authentication and policy management Fireblocks’ new Policy Engine is a leap forward for operational clarity.... --- For all of us who have been awake for the last 2 years, the adoption of stablecoins is no longer a surprise. In 2024 alone, they accounted for nearly half of all transactions on the Fireblocks platform—representing 15% of global stablecoin volume. But where they are leveraged, for what use case, and how is not always clear.   We asked ~300 payment providers and banks around the globe all about it, and found fascinating trends shared in the State of Stablecoins report. TL:DR — the industry is gearing up for prime time Speed beats savings. 48% cite real-time settlement as the #1 edge; lower fees comes in last. Stablecoins are now seen as a growth lever, not a cost play. (and some might say speed = savings) ((stablecoins helped WorldPay speed up settlement time by 50%))  Execution-ready infrastructure. 86% say their wallets, APIs, and compliance tooling can handle stablecoin flows (Zeebu, a B2B Telecom company, has processed $5. 7B with web3 payments - this is no joke) Regulation is now a tailwind. 85% see new rules and standards as green lights, not red tape— in 2023, only 25%said regulation was not a barrier. (Banking Circle is inspiring trusted adoption with their MiCa regulated stablecoin, EURI). Enterprise-grade is the new bar. When asked what decides infrastructure provider selection, 41 % said “Fast and reliable payouts,” while 34% named compliance as key. Payments at scale need both. (why else are 300+ of the top payments companies and banks choosing Fireblocks ;) ) ... --- The digital asset landscape is a hotbed of innovation, with advancements in blockchain infrastructure, stablecoin payments, tokenization, and Web3 applications constantly pushing the boundaries of what's possible. But innovation requires fuel – the resources and support that empower creators and builders to bring their visions to life. Recognizing this, Fireblocks is committed to fostering growth within the digital asset ecosystem. Fireblocks understands the importance of supporting innovation and appreciates how challenging it can be to launch or scale a new project. That's why, in collaboration with leading blockchain foundations and stablecoin issuers, we've established the Fireblocks Grant Program. Our goal is simple: to help fund new and scaling projects that leverage the power of Fireblocks alongside our partners' protocols, driving the future of digital assets. Importantly, these are straightforward grants; we are not seeking equity or strategic control, focusing instead on powering digital asset innovation and tangible ecosystem growth. Funding is tied to achieving key milestones - such as transaction volumes on a partner protocol - aligning goals with your growth. In an industry that moves at the speed of innovation, working with partners like TON and Fireblocks — who adapt quickly and bring the flexibility needed to respond to change — is key to delivering the best possible experience to our customers. We truly appreciate it. Nano RodriguezHead of Payments & Strategic AlliancesBitso What Do Our Grant Programs Offer? Our grants provide financial resources and support to a diverse range of initiatives within the blockchain and Web3 landscape. We... --- Fireblocks is now working with Calastone, the largest global funds network, to support Web3 connectivity within Calastone’s Tokenised Distribution solution, a first-of-its-kind solution enabling asset managers to tokenize any fund on Calastone’s network and distribute it across blockchains such as Ethereum and Polygon. Fireblocks is providing secure infrastructure components that enable integration with Web3-native distributors. This enables the deployment and operation of Calastone’s smart contracts and tokenised fund infrastructure across multiple blockchains.   The integration enables connectivity with Web3-native distributors while complementing Calastone’s core platform, which continues to manage key functions such as issuance, administration, and compliance workflows. Reimagining the Future of Fund Distribution Web3-native distributors are showing growing interest in listing and distributing tokenized securities, while tokenized funds are increasingly being utilized as collateral across both traditional and decentralized financial ecosystems. Fireblocks is proud to support Calastone as it pioneers the future of fund distribution. Our infrastructure is purpose-built to help established financial institutions scale into the digital asset economy safely and seamlessly. This project is a textbook example of how blockchain connectivity can remove friction and unlock new growth opportunities. Ana SantillanHead of EMEA Financial InstitutionsFireblocks Bridging Fintech and Web3 By integrating Fireblocks’ blockchain connectivity, Calastone’s Tokenised Distribution solution gives asset managers a frictionless on-ramp into the digital asset economy while preserving their operational models and compliance frameworks. The result is a scalable, future-ready pathway to engage the next generation of investors. The $59 trillion mutual fund market is finally entering the blockchain era. By working with Fireblocks,... --- Ethereum’s Pectra upgrade just landed—bringing ERC-7702 and practical account abstraction with it. That means smart accounts, better UX, and way more flexibility on-chain are finally becoming a reality for EOAs and Smart Contracts alike. And top of mind is the intersection of it all with MPC.   In biology, mutualism describes a close, long-term relationship where both parties benefit – think bees collecting nectar while pollinating flowers, or clownfish enhancing water circulation for anemones in exchange for protection. Some species thrive when paired, and this reality is obviously not limited to biology. EIP-7702, a significant advancement for Ethereum and the EVM ecosystem, is powerful on its own, as highlighted in discussions here, but when combined with MPC (Multi-party computation) wallets and the robust infrastructure developed by MPC providers over the years, its power grows. Like true symbiotic partners, EIP-7702 and MPC wallets together enable a more functional, more secure overall wallet. Let’s set the table.   Many evangelizers of smart contract wallets and account abstraction pit these technologies against simple EOAs to argue their benefits. This is expedient, but ultimately counterproductive as it doesn’t address reality, especially in the institutional wallet space. As of today, most (though still not all) institutions are transacting on-chain with some sort of advanced security setup for their EOAs. Whether placing the private key in an hardware security module (HSM) or implementing Multi-party computation (MPC), businesses are generally no longer writing seed-phrases on notepads.   Why am I telling you this? Because, as we examine... --- For banks, the question is no longer if they should act, but how fast they must adapt.   Over the last two decades we’ve seen a meteoric rise of fintechs, starting as small startups focused on user acquisition and hypergrowth. Today, these same firms are maturing into sustainable, profit-generating businesses proving they’re here to stay; they are fundamentally reshaping the financial services industry. With increasingly diversified product lines, robust technology stacks, and regulatory support, fintechs are no longer just serving the retail masses—they're climbing upstream, taking on traditional financial institutions at their own game. They’ve leveraged their digital-first edge to capture the initial share of digital wallets. Now, fintechs are using emerging settlement technologies like blockchain to deepen that advantage, accelerating innovation and expanding offerings at unprecedented speed. From P2P Payments to Institutional Powerhouses The fintech revolution started with P2P remittance payments, a market that was dominated by a small number of brick-and-mortar incumbents who spent decades building out infrastructure and networks. As technology and mobile banking started to proliferate, digital-first remittance providers with targeted focus started to take share of wallet away from the incumbents by competing on cost and user experience. Fast forward to today, neobanks and fintech platforms now offer a full suite of financial services: deposit accounts, lending, brokerage, and even institutional-grade solutions. Take Nubank, for example. Once known for its consumer credit cards in Brazil, Nubank has become one of the largest digital financial services platforms in the world, boasting over 90 million customers across... --- Each month, the Fireblocks policy team takes stock of policy developments around the world that matter to our clients and to our business. Here, I share my views on the April developments I think counted the most—at times intentionally highlighting announcements that didn’t make the headlines. U. S. Crypto Policy Warms Up Under Trump Administration As the Trump Administration marks its 100th day, digital asset developments in the US steadily support a drumbeat of removing barriers to the banking sector to engage with crypto.   This included the Federal Reserve Board (FRB) and Federal Deposit Insurance Corporation (FDIC) withdrawing joint statements issued in the wake of the 2023 FTX collapse related to the permissibility of engaging in crypto-related activities, while the Department of Justice (DOJ) released a memorandum serving as another measure to end “regulation by prosecution. ” Meanwhile, President Trump repealed the so-called Internal Revenue Service’s (IRS) DeFi Broker Rule, which would have required decentralized finance applications to file as brokers for transactions. Now all eyes are on progress of the US stablecoin legislation, and outputs from the SEC Crypto Task Force Request for Information and expert roundtables. ECB Pushes Back on U. S. Crypto Momentum As discourse on crypto is (thankfully) getting more pragmatic in Washington DC, the European Central Bank seems (unfortunately) to be moving in the opposite direction. This month, the ECB ramped up its campaign to express concerns that the US support for digital assets may destabilize the European economy. The ECB views found some... --- One of Japan’s largest banks is leveraging Fireblocks, alongside other technology providers, to explore stablecoin initiatives, dialing up momentum in the Japanese digital asset space.   Fireblocks, Sumitomo Mitsui Banking Corporation (SMBC), Ava Labs, and TIS have signed a Memorandum of Understanding (MoU) to initiate joint discussions on the commercial use of stablecoins. Since last year, the four parties have engaged in preliminary discussions to assess the feasibility of leveraging stablecoins for wholesale payments between financial institutions and businesses. Additionally, the initiative will examine potential use cases leveraging stablecoins, including as a settlement mechanism for tokenized financial and real-world assets (RWAs), such as government and corporate bonds, as well as real estate. This MoU will see Fireblocks, SMBC, Ava Labs, and TIS collaborate to develop a framework for stablecoin issuance and circulation, including exploring key technical, regulatory, and market infrastructure requirements both in Japan and further afield. Upping the ante with stablecoins Stablecoins have emerged as a game-changer in financial services, providing a near-instant, lower-cost alternative to traditional payment methods, with use cases including international remittances, corporate cross-border settlements, and payouts.   Tokenized deposits and stablecoins have the potential to reduce cross-border transaction costs by up to 80% while accelerating settlement speeds from days to mere seconds. This efficiency has driven rapid stablecoin adoption, with the total market capitalization at $235 billion as of March 2025. Banks and financial institutions are increasingly recognizing the immense potential of stablecoins to positively impact the financial system. We are excited to work with... --- I’ve returned from my fourth Paris Blockchain Week (PBW) with Fireblocks, which gives us a great opportunity to see how far we’ve come in the digital asset space. No longer a space for curious exploration, PBW is where we talk about implementation for mainstream adoption that’s happening today. And much like the industry, I’ve seen my own growth over the past five years at Fireblocks! Look at How Far We’ve Come 2022 was all about foundational conversations: NFTs, the metaverse, and digital governance dominated the stage. Enterprises were exploring proof-of-concepts and speculative use cases. Maybe you were one of those early pioneers working in an isolated innovation lab? In 2023, we shifted to implementation and scalability:  Digital asset custody, tokenization, and DeFi gained prominence.   The NFT craze had cooled as attention shifted to real-world financial applications, like French corporates opting for self-treasury management in the context of holding crypto for payments or to fund smart contracts operations. Institutional adoption took center stage in 2024: We spoke about tokenizing real-world assets, digital payments, and central bank digital currencies. Enterprises weren’t just ideating; they were executing. Tangible applications emerged in areas like real estate tokenization, supply chain finance, and loyalty programs. Everyone was realizing that their blockchain infrastructure was an important strategic choice. Like Flowdesk, the market maker who built on the Fireblocks Network to connect and trade with thousands of liquidity partners, trading venues, and counterparties around the globe.   2025: Maturity in the Digital Asset Landscape Today, we are... --- If there’s one truth in payments, it’s this: the network always wins. Think of what Visa and Mastercard created: not just payment rails, but global ecosystems of merchants, issuers, acquirers, and processors. Their networks didn’t just move money—they connected entire economies. As digital assets move into the mainstream, the same principle applies. But the networks of tomorrow won’t be built on closed systems and settlement delays. They’ll be programmable, open, and instant—connecting stablecoins, banks, wallets, protocols, and more in real time. At Fireblocks, we’ve been building the digital asset network from day one. The Fireblocks Network: The Digital Asset Economy’s Infrastructure Layer Before stablecoins took off or tokenization made headlines, we knew the digital asset ecosystem would need more than just wallets and blockchains. It would need connective tissue—a trusted network that institutions could use to discover counterparties, transfer value securely, and interact across multiple rails. That is the Fireblocks Network. It’s the largest and most active digital asset network in the world, powering secure, real-time connectivity between: Exchanges and market makers Banks and custodians On/off-ramp partners Token issuers and protocols Payment platforms and fintechs This isn’t just about messaging or payments. It’s an infrastructure layer for all forms of digital value transfer, built with standardized APIs, battle-tested security, and real-time asset movement. With over 2,000 institutions transacting daily, the Fireblocks Network has become a foundational layer of the new financial system. And we’re just getting started. Supporting Circle’s CPN—Because We Power Connectivity That’s why we’re proud to support the... --- Brian Moynihan recently remarked, “It’s pretty clear there’s going to be a stablecoin... So if they make that legal, we’ll go into that business ... it’s just then like another foreign currency. ”  While the comments from the CEO of Bank of America capture one bank use case for stablecoins, these digital assets have much more to offer banks than that. Stablecoins provide an opportunity for banks to grow into new markets, expand their solutions, boost their revenue potential significantly, and free up capital. Don’t just take my word for it. Visa estimates that there were $6 trillion of organic stablecoin settlements in 2024. A niche concept just a few years ago is now equivalent to half the value of all transactions on Visa’s network.   So while payments are definitely one way for banks to drive revenue from stablecoins, I think it’s important to understand the full range of opportunities they present to banks. To illustrate these opportunities, I’ve outlined three proven areas where banks can generate revenue through stablecoins today: incorporating stablecoins in their current products, services and operations; serving the emerging stablecoin issuer market; and issuing their own stablecoins. The upside is still evolving, but our experience working with more than 60 of the first-mover banks globally (like ABN AMRO, BNP Paribas, ANZ and more) shows that they are already seeing gains across payments, FX, treasury, and custody thanks to stablecoins. Let’s take a closer look. How do Stablecoins Open up Improvements to Traditional Banking Services? There... --- They may be at different stages in their journey, but Argentina and Brazil are both headed to the same destination: integration of stablecoins into the fabric of their financial systems. We’ve seen the headlines that both countries are keen cryptocurrency adopters. Argentina, ranked 14 among the top 20 countries globally in the Chainalysis index, leads the Latin America region in terms of cryptocurrency value received, with an estimated $91. 1 billion in 2024, only slightly ahead of Brazil’s estimated $90. 3 billion. Yet, it’s the dominance of stablecoins that truly marks their progress. In Argentina, stablecoins accounted for 61. 8% of all crypto activities, while in Brazil, the figure was a closely following 59. 8%. Both are well above the global average of 44. 7%. And the stablecoin momentum continues to build. In February, the head of the Brazilian Central Bank remarked that 90% of the country’s crypto flows are linked to stablecoins. What’s driving this demand for stablecoins—and where is it headed? We recently hosted Fireblocks partners, customers, and the top regulators in São Paulo and Buenos Aires, so here’s the latest scoop. Brazil’s Stablecoin Innovation Thrives—Awaiting Regulatory Catalyst for Big Shift In November of 2024, the Banco Central do Brasil announced three different public consultations around regulation of virtual assets. The consultations were followed by a series of events and private meetings with market participants— and due to tremendous public interest and the bank’s own eagerness to engage with industry, they had to add another consultation meeting just... --- Each month, the Fireblocks policy team takes stock of policy developments around the world that matter to our clients and to our business. Here, I share my views on the March developments I think counted the most—at times intentionally highlighting announcements that didn’t make the headlines. Starting counter-sun-wise, Washington DC saw the U. S. commitment to becoming digital asset centre of gravity take more and more concrete shape. Much has been written about the Federal Bitcoin Reserve and the rapid progress of the U. S. stablecoin legislations through Congress. What I’d like to highlight are two agency-level developments that are making an immediate impact on the ability of U. S. banks to step up their digital assets investments. Firstly, the Office of the Comptroller of the Currency (OCC) released Interpretive Letter 1183, clarifying that federally-chartered banks may participate in crypto custody and stablecoin activities, as well as independent node verification (i. e. , distributed ledger technology). Secondly, FDIC Chair Travis Hill announced plans for the agency to remove “reputational risk” from its bank supervision guidance in a move that would ease risk mitigation for crypto companies. South of the border, in Brazil, we have a fascinating proposal for partial cryptocurrency salary payments (capped at 50%). It also provides for financial education for employees opting into crypto pay. In my view, this seeks to legitimize the crypto salary payments industry while simultaneously bringing more revenues on the radar of tax authorities. It’s an interesting approach—trying to do so with a carrot,... --- Not surprisingly, with the new US administration bringing in new policies to support digital asset regulations, US banks have been asking Fireblocks what opportunities this creates for them. In a recent webinar with American Banker, we polled US banks to get insights into how they are incorporating digital assets into their strategies. Here’s what we found. 44% of Banks Already Taking Action on Digital Assets Our first question was on institutional readiness and the results were not surprising. The majority of banks—56%—are just beginning their digital assets journey. This is mainly attributable to the regulatory landscape in the United States over the past few years and the recent shift to fostering policies that aim to strengthen the digital assets sector. Interestingly, we saw that 28% of participants are actively identifying use cases, and 16% are already engaged in Proof of Concepts or pilots—which means 44% are taking tangible action. These banks are doing the ground work now so that they will have the right product-market fit and expertise when the regulatory environment is clarified. Payments Tops the List of Digital Asset Use Cases for U. S. Banks at 36% Banks have a choice of services and solutions they can build to monetize digital assets. Top of the list at 36% was payments, comprising merchant settlement, B2B cross-border transactions, and internal treasury management. This enthusiasm around payments also reflects the fact that stablecoins are gaining traction as a medium for exchange and settlement. Stablecoins introduce new efficiencies into bank operations and... --- The institutional adoption of Solana is accelerating at an unprecedented pace, driven by its unmatched speed, efficiency, and scalability. Its growing adoption by financial institutions and Web3 developers highlights its efficiency in real-time payments and tokenization. However, challenges remain in securely managing transactions, gas fees, and token operations. Fireblocks is addressing these pain points by introducing three critical capabilities—Native Program Calls, Gasless Transactions, and Tokenization—that enhance security, efficiency, and usability for businesses operating on Solana. Fireblocks' Solution: A Future-Proof Platform for Secure Solana Transactions Fireblocks is committed to providing enterprises with robust, future-proof solutions tailored to the rapidly evolving blockchain industry. While much of the industry faced significant delays, Fireblocks' ability to handle a 1,000% increase in Solana traffic with no issues or customer impact. To reinforce our commitment to meeting the growing demand on Solana and staying ahead of the curve, we are introducing Native Program Calls and expanding access to Gasless Transactions and the Tokenization Engine. These advancements ensure that businesses can fully leverage Solana’s capabilities with greater efficiency and security. The Features: Enhancing Security and Efficiency on Solana Native Program Calls: Reliable, Secure, and Transparent Transaction Execution The Challenge Historically, enterprises using Fireblocks and Solana smart contracts had to rely on third-party solutions that introduced inefficiencies, security vulnerabilities, and a lack of transparency. These limitations hindered the ability of institutions to maintain full control over their transactions. The Solution Fireblocks now has Native Program Call support enabling: Decoded transactions for increased transparency, ensuring institutions have full visibility... --- Supporting Japan FinTech Week has become a Fireblocks tradition. This March, we, as many in the ecosystem, chose to re-contextualize planned contributions and engagements as the week-long Tokyo event was the first significant global gathering of both regulators and industry after the Bybit hack.   Across no less than eight public presentations, and many more thought-provoking client and industry friends conversations, team Fireblocks is grateful to have found ourselves in the right place, at the right time on a matter so close to our origins.   Digital Assets Innovation vs. Security in Japan  Each year, FinTech Week comes with a pro-innovation political statement, but until 2025 Tokyo has been slow in scaling institutional crypto adoption. Japan does have 29 licensed crypto exchanges regulated by the Japan Financial Services Agency (JFSA), and a stablecoin law since 2021. Yet no bank has issued a stablecoin in Japan. This is changing. In time for FinTech Week, an update to the Payment Services Act was submitted to ease stablecoin reserve requirements for Trust Banks. In parallel, crypto gains are to be taxed at 20%, down from 55%.   Many on the market expect that - like in other matters of innovation – once the Japanese industry and regulators commit to digital assets, they will outcompete other markets.   This pattern is what made Japan a purveyor of cutting-edge technology, renowned for its innovations in electronics, robotics and in the automotive industry, with the likes of Sony and Toyota now household names globally.   Japan’s... --- Blockchain innovation is accelerating, offering new opportunities for developers to create secure applications. However, integrating blockchain infrastructure is getting increasingly complex. With more fragmentation, developers often have to juggle multiple tools, workarounds, and technical intricacies to manage network data, retrieve asset properties, and execute transactions effectively. This slows down innovation, increases operational overhead, and diverts focus from building great products. At Fireblocks, we believe developers should spend their time creating, not troubleshooting blockchain intricacies. That’s why we’re excited to introduce a powerful new suite of APIs that streamline blockchain interactions, making it faster and easier to develop and deploy blockchain-powered applications. With these new APIs, developers can focus on what they do best—building innovative solutions—while Fireblocks handles the complexity of blockchain infrastructure. Introducing Fireblocks’ New Developer APIs Our latest release includes a robust set of APIs designed to abstract complexity, improve reliability, and enhance scalability for blockchain developers. Whether you’re managing assets, retrieving blockchain data, or integrating staking functionality, Fireblocks’ APIs provide a seamless way to interact with blockchain networks. Assets API: Reliable, Scalable Asset Data Management Managing asset data across multiple blockchains can be cumbersome, requiring developers to query different sources for up-to-date information. The Fireblocks Assets API simplifies this process by providing a reliable and scalable way to access comprehensive asset data. Key Benefits: Expanded asset properties deliver deeper insights, allowing developers to access more detailed data about assets. 4x Faster data retrieval improves application performance by accelerating the response time for asset-related queries. Support for pagination and... --- It's common for many organizations to postpone establishing a robust Disaster Recovery Program until after their product is already in the market. While development and operational builds are critical for launching an outstanding product, disaster recovery planning often gets sidelined. However, it's increasingly important for institutions to prioritize the safekeeping of private key materials, which are crucial for accessing and managing digital assets. Their loss or compromise can have severe consequences. As the saying goes, "not your keys, not your crypto," which instills fear in those who hear it. Therefore, addressing disaster recovery early is crucial to ensure your operations can withstand any disruptions. The Importance of a Robust Disaster Recovery Plan A robust disaster recovery plan is essential for several reasons: Financial Protection: Minimize potential financial loss by ensuring key materials are quickly restored after unexpected events. Reputation Management: Demonstrate your commitment to security and protect your clients' assets to maintain your reputation. Regulatory Compliance: Stay ahead by complying with regulations that require disaster recovery plans, avoiding fines and other penalties. Business continuity: Ensure that your business remains fully operational even in the face of unexpected disruptions. Fireblocks' Proactive Approach to Disaster Recovery Fireblocks understands the importance of disaster recovery in safeguarding digital assets and ensuring business continuity. As a leader in our industry, Fireblocks recognizes this critical need which is why we are proactively offering disaster recovery as a standard feature for all customers. We believe in the importance of establishing DRS as an industry standard as it... --- The evolving regulatory landscape surrounding digital assets presents a host of challenges for banks looking to enter the crypto space. While recent decisions have helped clear a path for banks to engage in crypto-assets and related activities, the regulatory environment remains fragmented, with federal and state authorities offering varying levels of clarity and approval processes. Federal regulators, in particular, have taken a self-described “careful and cautious” approach, leaving a significant gap with respect to more prescriptive guidance for banks and financial institutions that want to integrate digital assets into their offerings in a safe and sound manner.   Accordingly, as federal legislation quickly takes shape and we see new market entrants from traditional financial services, it will be critical to highlight operational and risk management nuances that make digital assets activities different from typical banking activities. And absent alignment between federal and state regulators, achieving a cohesive framework for managing cryptocurrency-related risks remains an uphill battle. The Dual Banking System: The Root of Regulatory Fragmentation The structure of the U. S. banking system adds another layer of complexity. The U. S. operates under a dual banking system, where both federally-chartered and state-chartered banks exist side by side, each governed by its respective regulatory bodies. To simplify, the U. S. Office of the Comptroller of the Currency (OCC) oversees national banks, while state-level authorities manage state-chartered banks alongside federal counterparts such as the Federal Deposit Insurance Corporation (FDIC). The regulatory landscape mirrors this division, with states like New York and Wyoming... --- EIP-7702 comes with a lot of promise for better UX, better onboarding, retail adoption, cheaper wallet operations and many more great features. The hype is real and is justified. However, it does come with a tradeoff between new capabilities and risk.   The recent ByBit hack showed the consequences of inadvertently delegating control to a malicious actor.   Without proper security in 7702-enabled wallet operations, organizations are taking the risk of malicious actors leveraging unclear signatures or misunderstanding of the technology. Even when done consciously and intentionally, delegating your wallet to a smart contract potentially exposes organizations to a new class of code vulnerabilities that were not on their risk radar before. Let’s explore the risks themselves and a security first approach to getting value from EIP-7702 while limiting the risk exposure. A new signature that can cost you everything EIP-7702 introduces a new “authorization tuple signature”. It creates a code delegation that can be used to take over accounts when used incorrectly. The first thing that wallets need to do is make sure that they are aware and handling (limiting) the new signature type properly to protect the less tech savvy clients from accidental damage. A reckless approach would strive to allow as open and free delegations as possible, but that is likely to end very fast with losing all funds. A single malicious delegation is all that is needed. It’s very hard to impossible to audit a delegated contract on demand. A security oriented approach would limit the... --- On March 7, amid media focus on the first-ever White House Crypto Summit, the U. S. ’s primary national bank regulator, the Office of the Comptroller of the Currency (OCC), quietly issued an interpretive letter that could have significant implications for how national banks engage with digital assets.   OCC Interpretive Letter 1183 (Addressing Certain Crypto-Asset Activities) signals a marked departure from the previous Administration’s stance on the legality of national banks’ engaging with digital assets. This letter provides clarity that banks have been waiting for—institutions now have additional certainty around what they can and cannot do. Specifically, it reaffirms the first Trump Administration’s stance on permitting cryptocurrency custody, stablecoin networks, and certain operations related to payments. By removing supervisory pre-approvals—previously a major roadblock—the letter simplifies the process by which banks can start to engage with digital assets in a production environment. However, these new permissible activities also introduce new risks for banks. Financial institutions, along with their supervisors, must now reassess their roadmaps to ensure they are prepared to address important issues—like digital asset security—that threaten the safety and soundness of institutions without well-designed and implemented risk management systems.   Models for what “good” looks like exist, such as those in place for institutions overseen by the New York Department of Financial Services (NYDFS), which specifically address crypto-related risks, vulnerabilities, and required controls. Yet even these models will need further tailoring and responsiveness to address novel activities, from digital asset custody and stablecoins to asset tokenization, which will increasingly... --- The real-world asset tokenization market is projected to reach $200 billion by 2030, underscoring the enormous potential in this space. However, bringing digital assets to market presents non-trivial considerations and a need for infrastructure providers and software vendors to collectively fulfill functional and non-functional tokenization platform requirements. Fireblocks and AWS have partnered to define a conceptual solution architecture that illustrates the implementation of a tokenization platform built with Fireblocks and AWS technology. The proposed solution is a blueprint for digital asset management, defined at a level that allows for organic integration into existing infrastructure, whilst taking advantage of operational patterns that could yield significant speed to market value. The solution exemplifies how an architecture consisting of managed AWS services, custom cloud-native applications, on-premise systems, and the Fireblocks platform can be integrated to enable key aspects of a tokenization platform. The proposed architecture minimizes the need for complex, specialized applications to create and manage tokens on a distributed ledger that would otherwise have to be custom-built. Instead, it shows how businesses can leverage AWS-managed services in combination with the specialized tokenization and digital asset custody capabilities of Fireblocks.   By harnessing modern technologies and best practices, this approach not only demonstrates the feasibility of asset tokenization but also highlights its potential to enhance efficiency, transparency, and accessibility in today’s digital asset economy. As businesses continue to explore the possibilities of blockchain, this architecture serves as a solid foundation for more complex and scalable tokenization solutions in the future. To read more... --- Starting this year, financial institutions (FIs) and crypto-asset service providers (CASPs) in the EU are now required to ensure compliance with complex frameworks that protect digital infrastructure and financial services. Today, we're excited to announce the launch of our Cyber and Operational Resilience (COR) Compliance Package, designed specifically to help FIs meet the European Union's Digital Operational Resilience Act (DORA) obligations which came into force in the EU on January 17, 2025. The Motivation Behind the COR Compliance Package DORA mandates that banks, financial institutions, and crypto asset service providers (CASPs) strengthen their cybersecurity and operational resilience. The Fireblocks COR Compliance Package simplifies this complex regulatory landscape, allowing organizations to focus on growth and innovation while maintaining compliance. The regulators have made it clear what you need to do and how you implement it under DORA, so having a proactive solution from Fireblocks that we can implement knowing that it’s been built by experts saves us time, resources, and gives us confidence in our ability to meet DORA obligations as we continue to work with Fireblocks. Cato AustedCTOFiri The COR Compliance Package was designed specifically for institutions that designate Fireblocks as a Third-Party ICT Provider supporting a critical or important function and was developed to streamline the path to regulatory alignment. Key features include a dedicated legal addendum, annual and periodic reports, an advanced ICT security kit, and an annual security pooled audit event —helping institutions meet compliance requirements with greater efficiency while strengthening operational resilience. As we’ve seen recently,... --- The explosive growth of blockchain technology and digital assets has unlocked new opportunities - and escalated security risks to an unprecedented level. The latest Fireblocks report, The New Frontier of Crypto Security, explores the most pressing threats institutions face today and outlines proactive measures to protect assets in this evolving landscape. Why Traditional Security Isn’t Enough The crypto landscape is at an inflection point. With Blockchain’s Bitcoin ETFs gaining regulatory traction, Real-World Asset (RWA) tokenization accelerating, and stablecoin payments becoming mainstream, institutional adoption is surging. But so are complex new attack vectors—from AI-powered phishing and API exploits to insider threats and multi-chain vulnerabilities. These attacks are not about any one exchange or custodian—they underscore a systemic need for stronger, more adaptive security measures across the entire digital asset ecosystem. The industry must take collective action to safeguard infrastructure, strengthen access controls, and stay ahead of evolving threats. At Fireblocks, we're committed to providing the security architecture that helps institutions protect their assets, their users, and the broader market. Shahar MadarVP of Security & Trust ProductsFireblocks The Biggest Institutional Security Gaps 1. Centralized Exchanges and Retail Applications: Prime Targets Centralized exchanges (CEXs) and retail platforms hold billions of dollars in assets, making them prime targets for attackers. Cybercriminals are leveraging sophisticated methods such as phishing, social engineering, and insider manipulation to exploit vulnerabilities. Recent state-sponsored attacks, including the Bybit attack, have resulted in losses surpassing a billion dollars. As these platforms continue to grow, they remain a primary focus for attackers... --- EIP-7702 is powerful because of all of the small boring things that make up a good technology and a good product. Backwards Compatible For years everyone tries to convince us that EOAs are bad and yet, when asked, most smart contract developers admit they actually use an EOA, some even admit they like their EOA. Ethereum was built for EOAs and undoing that is not a simple process - and users don’t want to be forced into an alternative and they are actually voting with their wallets at this point. When someone tries to convince you that you don’t need your EOA he is actually saying: Don’t do cheap transactions, pay extra, always. Stop using some of your favorite dApps that you can’t use without EOA Give up on the ability to sign personal messages, even if they are useful Move all of your tokens to a new address, even if it’s very expensive to do Give up on your Soulbound Tokens that can’t be moved Liquidate all of your long-term positions, regardless of tax implications or financial damage Forgo your on-chain provable reputation and give up the financial benefits that come with it in airdrops Drop all of your battle tested security practices, you need to relearn and retest everything And to the dApps they are saying: Remember how we said that you can be immutable? We were not very serious about it - your app will not work for all the users that choose our latest hyped technology.... --- The Securities and Futures Commission (SFC) is the body that regulates Hong Kong's securities and futures markets. In recent years, the SFC has been placing an increasing focus on regulatory requirements for digital assets, especially for crypto-native firms and already regulated capital market participants. A key regulatory change occurred in June 2023 when the SFC introduced a licensing regime for Virtual Asset Trading Platforms (VATPs). This licensing system requires crypto exchanges, brokers, and custodians serving Hong Kong-based customers to meet compliance standards covering aspects such as anti-money laundering (AML) transaction monitoring, custody standards, and more. As of February 2025, nine entities have been granted a Hong Kong Virtual Asset Service Provider (VASP) license, with the first one issued to a Fireblocks customer. Key Implications of VASP Licensing The introduction of the licensing regime has significant implications for market participants, especially in terms of compliance and regulatory obligations. Licensing Requirements Traditional financial institutions (TFIs) and virtual asset service providers (VASPs) are now required to be licensed by the SFC. The key aspects of the licensing regime include: Asset Safeguarding: Licensed platforms must adopt strict standards for custody, ensuring that assets are safe from fraud or theft. Know-Your-Client (KYC) and AML: Platforms must implement KYC processes, comply with AML standards, run enhanced due diligence (EDD) for high-risk clients, and conduct transaction monitoring. Market Integrity: The SFC requires platforms to avoid conflicts of interest, prevent market manipulation, and ensure fair trading practices. Ongoing Compliance: Licensed VASPs must maintain continuous compliance with ongoing reporting... --- The future of digital assets is built on efficiency, scalability, and seamless operations. As businesses continue to bring more digital asset solutions to market and serve more customers, operational complexity—particularly around gas management—remains a critical challenge. Today, we’re excited to introduce new capabilities that Fireblocks has designed to reduce friction and enable businesses to scale on-chain transactions with confidence. Overcoming the Bottleneck of Gas Management Digital asset transactions require gas fees to complete a transfer, but managing gas can be a bottleneck for growth and puts a heavy burden on digital asset treasury operations. Businesses have to constantly monitor if they have enough gas balances in all their accounts, purchase gas tokens, distribute gas to accounts, manage bridging and more - all of which takes up time. It also means that there is added friction when a business is trying to provide digital asset solutions to their retail or business customers.   For regulated financial institutions, there’s an added regulatory barrier when it comes to gas. Many jurisdictions do not allow certain types of entities, including stablecoin issuers, to hold base assets on their balance sheets. Without a workaround to manage gas fees, minting and deploying a stablecoin will be impossible. Simplifying Gas Management for Unstoppable Growth With Fireblocks Gasless Transactions, our customers—and their customers—can eliminate this friction entirely. By designating a Fireblocks vault as a gas relay or linking to a third-party gas relay, businesses can streamline gas funding across their operations without manual intervention. This means: No more... --- Stablecoins are redefining how money moves People talk about stablecoins all the time these days, and no wonder; their market cap just reached $200B, there is a new administration in the US discussing three(! ) stablecoin bills, the Markets in Crypto-Assets (MiCA) regulation was rolled out in the EU last year, making it one of the first major jurisdictions to put into effect a clear, unified crypto framework; and payments companies, banks, and fintechs are publicly expressing their interest in integrating crypto into their offerings (or as we say, finally joining our camp). However, the one thing that sticks out more than anything in my conversations with customers is where the true value of using stablecoins lies. One might think the true value is the cost (spoiler: it’s not really cheaper, not most of the time at least) or the transparency (there are other transparent methods out there). So, let me make the case for what I believe (and witness) is the true benefit: the velocity.   Let’s break this down, starting with the basics. More capital roundtrips = more profit Most, if not all, businesses are limited by their balance sheets to conduct their day-to-day business routines. This is especially true for payment companies, obviously, as they are dependent on their balance sheet to fund and pre-fund their partners or accounts globally. When we add the banking rails into this equation, it adds a level of difficulty, as the operating hours are challenging, and FX can sometimes make costs... --- Bybit’s recent attack has exposed a critical flaw in how many exchanges approach security. The real-time transaction manipulation that took place wasn’t just an unfortunate event—it was a direct consequence of mispurposed security architectures that sophisticated attackers are all too ready to exploit. The attack combined blind signing vulnerabilities on Ledger devices with highly-targeted malicious UI manipulation made possible by a compromise of a Safe{Wallet} developer machine, effectively deceiving users into approving malicious transactions. It didn’t have to happen. With nation-state-sponsored groups like Lazarus continually evolving, enterprises must shift their security mindset to proactive, nation-state-resilient infrastructure.   What Happened? A security model is only as strong as its weakest link. In Bybit’s case, two seemingly secure solutions—Ledger and Safe{Wallet}—merged to create a dangerous vulnerability. The attack exploited a standard hardware wallet and multisig wallet UI configuration that is inadequate for today’s enterprise and advanced threat needs.   1. UI Manipulation in Safe{Wallet} The attacker compromised a Safe{Wallet} developer machine, used it to access the production environment, targeting Bybit’s account  Using that access, the attacker remotely modified Safe{Wallet}’s UI and injected a malicious Javascript code to alter Bybit’s Safe{Wallet} UI. The malicious code targeted Bybit’s wallet, and was designed to act only on two specific wallets. Users saw a legitimate transaction on-screen but were unknowingly approving a manipulated transaction at the protocol level Once signed, the transaction replaced the smart contract wallet’s logic, to DPRK-deployed code allowing them to control the funds That control was then used to empty the entire... --- Another major crypto exchange has fallen victim to a hack—this time, Bybit. While the full impact is still unfolding, one thing remains undeniable: storing assets in exchange wallets exposes traders to unnecessary risks. In today's market, this risk is increasingly unnecessary and manageable, particularly with solutions like off exchange settlement. This incident, like others before it, highlights the Achilles' heel of centralized platforms. Institutions, especially those trading at scale, require a more secure and reliable way to participate in the market without the worry of exchange hacks, insolvencies, or —as we’ve seen infamously in the past—mismanagement. Fireblocks Off Exchange Settlement offers precisely that solution. In Bybit’s case, who have Off Exchange enabled by Fireblocks, funds were safe from the hack and settlements with the exchange were made uninterrupted as intended. Why Off-Exchange Settlement is Essential for Exchanges Fireblocks Off Exchange Settlement revolutionizes how traders interact with exchanges. It eliminates the need to pre-fund exchange accounts or store assets in exchange-controlled wallets. Instead, funds are securely held in a segregated collateral account, mirrored 1:1 on the exchange. This can be managed directly by clients through their own Fireblocks account or via a Fireblocks-enabled regulated custodian ensuring: Mitigated Counterparty Risk: Assets remain in the client's custody (either directly or with a regulated custodian), effectively shielding them from exchange-related risks like hacks, fraud, and business failures. On-Chain Transparency: By avoiding pooled funds, off exchange settlement significantly reduces exposure to mismanagement, commingling, or insolvency. Increased Trading Volumes: Instant trading credit and reduced risk translate... --- Tokenization, or the process by which assets are converted into tokens that can be moved, stored, or recorded on a blockchain, enables a transparent, well-governed financial system. It empowers interested participants to utilize financial services and access capital markets with ease and efficiency. We’re currently seeing active examples of tokenization projects across multiple asset classes, such as commodities, debt securities, equity securities, and real estate.   Their place in the digital asset marketplace has grown to a size that has not gone unnoticed by investors, retail and institutional alike. In this blog post, we’ll walk you through three of the most prominent examples of tokenization initiatives, and explore their impact on the digital asset landscape, including:  Paxos Digital Gold Token (PAXG) Overstock. com STO (Digital Dividend) DBS Bank Singapore’s Tokenized Bond Tokenization Project 1: Paxos Gold Digital Token (PAXG) Paxos Gold Digital Token (PAXG) is an asset-backed digital token approved and regulated by the New York State Department of Financial Services, with a total market capitalization of $327 million. The token has seen a steady increase in market capitalization since it was initially issued in September 2019. As a collateralized stablecoin, PAXG requires the purchase of physical gold to back the issuance of new tokens, and is therefore limited to Paxos’ ability to maintain its supply of gold to meet demand for PAXG. On average, PAXG daily trading volume has been approximately 4. 8% of market capitalization, while GLD daily trading volume has been approximately 2. 5%.   The higher... --- Decentralised Finance (DeFi) is redefining the utility of financial services by opening up access to lending, trading, and yield generating without relying on traditional intermediaries. To execute on DeFi strategies, seamless wallet connectivity is essential. To make this possible, Fireblocks has integrated with WalletConnect. In this blog, we’ll outline how the team has approached investigating issues related to WalletConnect sessions. About WalletConnect WalletConnect is an open-source protocol that allows for secure connections between digital asset wallets and dApps. Fireblocks customers can connect their vault accounts to thousands of dApps across dozens of blockchains via WalletConnect. The wallet can be a mobile application, a browser application, or an application server (cloud wallet). How the WalletConnect handshake works A wallet and a dApp that are connected to each other via WalletConnect can send messages back and forth via a Relay Network, a publish-subscribe network that routes messages between clients subscribed to a Relay Server (in this case, the server is managed by Reown, previously WalletConnect). The wallet and dApp communicate with the Relay Server via JSON-RPC, which is documented here. When the wallet and dApp connect, two key data items are chosen. One is an identifier called a pairing topic, and the other is a symmetric key used to encrypt and decrypt subsequent messages. This is done to ensure a secure connection between the wallet and dApp, denying the WalletConnect relay server awareness of the contents of the messages it transmits. Decrypting WalletConnect messages At Fireblocks, one of the ways we enable... --- We’re proud to announce that Fireblocks has been named to the Forbes Fintech 50 for the fifth year in a row. This recognition highlights our ongoing work to transform the world of digital asset security. Being included on this prestigious list reflects the significant progress we’ve made in providing a comprehensive suite of tools for managing digital asset operations, along with a full development platform to help customers build a wide array of businesses on the blockchain. Driving Innovation Forward We introduced several key innovations to simplify digital asset management. Key Link helps businesses balance compliance and growth more easily with flexible key management. Our DeFi suite evolved with two new features—Fireblocks Swaps and the Fireblocks Token Allowance Manager—which reduce complexity and risk while making it easier for newcomers to enter the space.   We introduced Fireblocks Automation which enables operations teams to easily configure custom triggers, conditions, and events, as well as streamlines daily tasks such as rebalancing and topping up accounts, sweeping wallets, converting tokens, and distributing payouts.   We also launched an AI-powered trading tool, which is already helping clients stay responsive to real-time market changes and make informed trading decisions. These innovations highlight our commitment to delivering forward-thinking solutions for all digital asset participants—from banks to startups.   Finally, we made major strides in expanding our global reach and our product suite. We launched the Developer Sandbox, giving developers a safe space to experiment and build. We also opened a new office in Japan, strengthening our... --- Last month we officially rolled out the Fireblocks Network, the first and only digital asset transfer network for institutions. The Network adds a new layer of security and efficiency to digital asset movement, enabling members to find, connect, and settle with the largest financial institutions instantly and securely – all while remaining on-chain. How did it work before? Before the Fireblocks Network, transferring digital assets between two counterparties required managing deposit address vulnerabilities, whitelisting deposit addresses for every asset that each counterparty wanted to trade – as well as performing test transfers to ensure security and accuracy. How does it work now? Now you can store and manage digital assets from one platform, connecting to trading venues, liquidity pools, and counterparties for instant settlement. The Fireblocks Network completely streamlines and secures the transfer of digital assets between counterparties and exchanges through: Automatic deposit address authentication Automatic deposit address rotation Deposit address management What can I do on the Fireblocks Network? Once you’re on the Fireblocks Network you will discover a large community of partners and counterparties and a new degree of brand visibility, as well as a wide variety of workflows to increase capital efficiency, reduce counterparty risk and streamline operations. In this post, we’ll show you 3 powerful workflows that you can utilize today: 1) post-trade settlement, 2) exchange rebalancing, and 3) FIAT/crypto DVP. Crypto treasury risk management: strategies for volatility and security As the cryptocurrency market continues to grow, crypto treasury management has become a critical area of focus for businesses and organizations... --- If you’ve ever had to pay someone who lives overseas, you’re probably aware of the wide variety of problems that can come with international payments.   The traditional correspondent banking model results in high fees for both FX and transaction costs, along with settlement times that can range from 1-5 days. These inefficiencies can significantly impact end users which can be migrant workers sending money back home, small businesses paying international suppliers, and large corporates managing global liquidity. Digital assets are an emerging currency class that have the potential to change the game for international payments. While there is some regulatory uncertainty surrounding how digital assets function in the global economy, the value of cross border crypto payments is undeniable. So, can digital assets overcome their growing pains and disrupt international payments for good? We think so – and here’s why. Digital assets enable real-time transfers Digital assets can take many forms, including natively digital assets such as BTC and ETH or tokenized assets such as stablecoins and other traditional assets.   Tokenized currencies such as USDC and USDP allow you to reap the benefits of a traditional cash payment, like value stability, while leveraging the benefits of blockchain technology like real-time settlement, visibility, and transparency. No matter what kind of asset you’re using, digital assets have the potential to disrupt the traditional model by enabling the real-time transfer of value. When utilizing digital assets to pay someone across the globe, transactions can be made directly between two parties, removing intermediaries... --- In the ever-evolving landscape of global finance, a new paradigm is emerging that promises to reshape assets, investments, and financial transactions at a fundamental level. Welcome to the era of tokenization. The perfect storm for tokenization We're currently witnessing a convergence of factors that are creating the ideal foundation for broader adoption of tokenization. For one, regulatory bodies worldwide are stepping up, issuing and implementing policies that create much-needed guardrails for this innovative space. Simultaneously, mature and credible regulated players are entering the tokenization space, building trust and expanding the ecosystem. This influx of established institutions is complemented by the opening of new markets, creating a larger and more diverse tokenization landscape. Trusted financial entities like Blackrock, Templeton, Goldman Sachs, ABN Amro, and Bancolombia are making significant moves in the tokenization space. Their involvement is fostering a deeper sense of trust among investors and retail customers alike, encouraging broader participation in tokenized assets. As these global regulated institutions continue to embrace tokenization, we're seeing a ripple effect of increased confidence throughout the financial sector. Let's dive into four key areas where tokenization is making a significant impact with financial use cases: tokenized money and stablecoins, tokenized fund products, tokenized securities, and tokenized real-world assets. Tokenized money and stablecoins Tokenized money, particularly in the form of stablecoins, is gaining significant traction, especially in regions grappling with strong capital controls and currency volatility. The appeal of stablecoins lies in their ability to offer 24/7 clearing and settlement, enhanced controls through smart contracts,... --- We are excited to announce an integration with Soneium, the Ethereum Layer-2 blockchain built by Sony Block Solutions Labs, a joint venture between Sony Group Corporation and Startale Group. Soneium provides accessible, user-centric solutions that empower individuals, creators, and enterprises to build, connect, and thrive in a borderless digital ecosystem. The gateway to building the future of Web3 Soneium is a new kind of internet, powered by blockchain, that offers everyone—from fans to creators—a safe and secure way to connect, share, and own digital experiences.   By leveraging Fireblocks, organizations will be able to: Bring every user onchain without the complexity - with Fireblocks Embedded Wallets, organizations can integrate non-custodial MPC wallets into their mobile and web apps, enabling users to securely custody and interact across Soneium. Accelerate time-to-market with powerful and easy-to-use APIs - from automating contract operations and ingesting transaction data, to generating ECDSA and EdDSA signatures, Fireblocks APIs enable organizations to access, control, and automate the Fireblocks platform. Secure token and contract operations - prevent attackers from exploiting your contract operations. The Fireblocks Policy Engine lets organizations configure granular policies and user permissions to ensure the required approvals are met before initiating token minting, transfers, and other operations. Unify wallet operations and secure treasury funds - securely custody your token treasury with a unified solution that allows you to govern access to funds across teams and gain visibility into treasury operations. Fireblocks also enables you to quickly off-ramp funds and automate approvals, transfers, and payouts. Interested in... --- As someone who has spent decades working at the intersection of cybersecurity, innovation, and operational resilience, I’ve seen firsthand how critical it is to build trust in a rapidly evolving digital landscape. At Fireblocks, that trust is not just a goal—it’s a standard we continuously push ourselves to meet and exceed. I’m incredibly proud to share that Fireblocks has achieved a high NIST Cybersecurity Framework (CSF) 2. 0 maturity score of 4. 4, surpassing the industry benchmark estimate of 3. 5, and positioning us as a leader in cybersecurity excellence. Fireblocks excelled and reached the highest score in the areas of Organizational Context, Policy, Oversight, Cybersecurity Supply Chain Risk Management, Awareness & Training, Infrastructure Resilience, Adverse Event Analysis and Incident Analysis. As we increasingly onboard regulated customers, a focus around operational resiliency and cybersecurity standards is critical to meeting evolving supervisory expectations. Moreover, Fireblocks has been able to achieve this while transitioning from the CSF 1. 1 to the rigorous CSF 2. 0 framework! NIST CSF 2. 0 introduces a new Governance pillar, expanding its focus on aligning cybersecurity with organizational objectives while enhancing accountability across leadership. This updated framework also expands its scope by emphasizing holistic risk management strategies such as addressing supply chain risks and leveraging threat intelligence practices. For context, a score of 4. 4 or higher isn’t just a badge of honor—it’s a reflection of a company that prioritizes resilience, operational efficiency, and a proactive approach to addressing emerging threats. It’s about laying the groundwork for... --- With the dynamic start of the new US Presidential Administration, on the heels of our global annual kick-off, and with colleagues across our offices starting Lunar New Year celebrations last week, it’s a good time for Fireblocks to share our outlook on digital assets policy for the rest of the year.   Years in our industry are often unprecedented. 2025 will be no exception in three regulatory areas – the scale of global regulatory change affecting crypto intermediaries; the push and pull between tokenized cross-border payments and domestic payment rules; and the surge in institutional engagement with the asset class, highlighting necessary policy change. Underpinning these regulatory developments will be a transition from governments around the world seeing digital assets as merely a risk, to more and more governments viewing digital asset adoption as an important aspect of staying competitive. The momentum being generated in the US is poised to kick-start that change.   Let’s look at these in turn, starting from the macro trend.   Digital asset policy shifts from protect to compete Crypto competitiveness is not new, but in 2025 it will be on the rise. Forward-thinking Central Banks like those in Brazil and Singapore, as well as authorities like those across the UAE, have been making the transition from risk-mitigators to market enablers. The change in intent in the US, however, will accelerate this trend. We hear from clients and public policy stakeholders around the world how nations are beginning to debate fostering domestic digital asset champions... --- The crypto world saw a seismic shift two weeks ago when President Trump and Melania Trump launched their meme coins on Solana. Almost overnight, Solana experienced an unprecedented surge in transaction volume, pushing infrastructure across the ecosystem to its limits. Fireblocks was right at the center of it. At the peak, we saw a 1,000% increase in Solana traffic. Every company operating in the space felt the pressure—transaction delays were rampant, leaving users frustrated. Coinbase CEO Brian Armstrong acknowledged the situation on X, admitting that the scale of the volume was unforeseeable and their team was working tirelessly to scale their Solana infrastructure to address the resulting backlog. Yet as backlogs grew, some users were waiting hours to complete their transactions.   At this exact time, Fireblocks’ engineering team went into overdrive, executing massive technical improvements—dramatically improving transaction throughput, slashing delays, and ultimately fortifying the system against future surges. What started as an industry-wide bottleneck became an opportunity to push the limits of scalability. This wasn’t just a fix—it was a foundational improvement that will allow institutions to confidently scale their digital asset operations on Solana moving forward. Here’s what’s most important: when it mattered for Solana's unprecedented traffic surge, Fireblocks achieved breakthrough performance improvements, slashing broadcasting time from 1. 5 seconds to 47 milliseconds while reaching 100% first-attempt transaction success. The platform also reduced median transaction processing time to 6 seconds and cut fees to under $0. 01 per transfer. The Ultimate Challenge: Where Pressure Breeds Scale During the... --- Berachain is a novel blockchain created to solve consensus mechanism incentive misalignment. For traditional Proof of Stake (PoS) blockchains, users have to lock their assets in order to participate in the security model and earn staking rewards. This results in incentive misalignment as the projects building on these blockchains want activity and volumes – this competes with the native security mechanism of staking which requires assets to be locked up. In an efficient market, users are less likely to use the financial applications built on the blockchain if they can earn more, with less risk, by staking. Berachain aims to solve this with their consensus mechanism, Proof of Liquidity (PoL). PoL is an extension of PoS with restructured incentives mechanisms to incentivize DeFi activity over asset lockup, while simultaneously adding security and decentralization to the network.   Use Cases and Incentive Mechanisms Berachain is launching with three native assets; $BERA, $BGT, and $HONEY, which can collectively enable opportunities for Berachain participants. BERA is the gas token, BGT is the governance token (which is non-transferable and can be redeemed 1:1 for BERA), and HONEY is the native stablecoin. In traditional PoS, validators earn rewards directly emitted by the blockchain as they validate transactions, and delegators to these validators will also earn a percentage of total rewards based on how much they stake. In Berachain the validators earn BGT, but where Berachain differs is validators have to direct most of the BGT to an application’s reward vault rather than to themselves (validators... --- An Inflection Point for Crypto & Digital Assets As we see the initial post-election changes in the US (recent Executive Orders and SAB 121 repeal), the opportunity for banks and financial institutions in the US, and globally, to execute on blockchain initiatives evaluated over the past few years has never been higher. Specifically, with the repeal of SAB 121, institutions now have a clear pathway to custody digital assets for their clients. This shift is transformative. In the digital asset ecosystem, custody – and the digital asset wallet – plays a critical role, allowing security to be separated from control seamlessly. By enabling banks to safeguard digital assets, this change unlocks new possibilities for innovative products and services, empowering institutions to meet growing client demand like never before. Whether looking at institutional custody solutions like BNY Mellon, delivering retail products and services like Nubank, Tokenizing assets like BlackRock or engaging in crypto capital markets like Galaxy, Fireblocks has been engaging in markets across the globe to deliver and scale digital asset businesses with clients in over 100 countries. This has given us industry-leading experience working with some of the most complex regulatory regimes including the United States, Brazil, Australia, Brazil, Europe, Germany, Switzerland, Singapore and Hong Kong. With the regulatory and policy environment changing rapidly and creating a clearer path for US institutions to finally enter the industry, these tailwinds in 2025 will be the inflection point to drive the convergence between blockchain and traditional financial markets. Driving Business Value... --- The recent repeal of Staff Accounting Bulletin No. 121 (SAB 121) and Executive Order on digital financial technology represent a watershed moment for the U. S. financial system and its relationship with digital assets. This decision by the Securities and Exchange Commission (SEC) removes a significant barrier to the adoption of blockchain technology by public companies and financial institutions. More broadly, the Trump Administration’s EO signals a marked departure in the federal government's approach to digital innovation and digital assets adoption. However, although these initial policy shifts are promising, they are just the first steps on a longer journey toward unlocking the full potential of digital assets and blockchain technologies. What Was SAB 121, and Why Was Its Repeal Necessary? First introduced in March 2022, SAB 121 required financial institutions holding crypto assets on behalf of their clients to record these holdings as liabilities on their balance sheets. This obligation created significant economic disincentives for banks to engage in digital asset services, such as custody, and stymied the adoption of blockchain technology in traditional finance. With the repeal of SAB 121, banks now have an opportunity to explore innovative use cases—from custody solutions to real-world asset tokenization and stablecoin issuance—without the fear of inflated balance sheet liabilities. Opportunities Ahead: A Promising Yet Challenging Roadmap Although the repeal of SAB 121 is a critical regulatory milestone, it is the first of many policy changes required to realize the United States’s vision of becoming a global leader in blockchain innovation. To fully... --- ‘Traditional’ equities trading has undergone massive transformation over centuries. The evolution of how trades are conducted reflects technological advancements, market demands, and the need for efficiency. From the establishment of stock exchanges to the emergence of electronic communication networks (ECNs), the journey from disruption to adoption paints a clear picture of the changing landscape. Today, these evolutions are being mirrored in the digital asset markets, where institutional-grade exchanges and ECNs are emerging as disruptors to incumbent exchanges. Crypto exchanges: centralized, vertically integrated models Crypto trading began primarily on centralized exchanges (CEXs), where exchanges serve multiple roles: price discovery, order matching, and custody of user funds. While convenient, this vertically integrated model raises several risks. The most prominent risk in CEXs is the conflict of interest between trading and custody. Because exchanges hold user funds, they can use these assets for their own purposes, such as funding proprietary trading activities or lending them out in lending markets. Users often have no visibility into how their funds are used, creating significant counterparty risk. This model has led to several high-profile exchange collapses and liquidity crises, eroding trust in CEXs. The requirement for pre-funding trades further complicates matters. In CEXs, users must transfer assets into the exchange before trading, tying up capital and creating inefficiencies. If a user wishes to move assets between exchanges to arbitrage price differences, the time taken to transfer funds can result in missed trading opportunities. The emergence of institutional ECNs Electronic Communication Networks (ECNs) allow participants to trade... --- Tokenization is gaining momentum in the financial world; more and more financial institutions recognize the impact it will have on how financial products are created, traded, and managed. It is estimated that the potential value of tokenized assets will reach about $16 trillion by 2030. As tokenization gains traction in capital markets and regulated, on-chain money becomes increasingly prevalent, the potential for tokenized securities to generate significant value for investors and reshape the future of finance is undeniable.   In 2024, we added the Tokeny ‘T-REX’ smart contract suite to enhance our marketplace of smart contracts on the Fireblocks platform. This integration with Tokeny offers clients the ability to securely deploy ERC-3643 tokens, directly from their Fireblocks workspace, with the Tokenization Engine and allows issuers to perform token operations on the deployed tokens through the Fireblocks Console, two functions that were previously limited to the Tokeny “Factory” and “Servicing” modules for issuers or agents. This does not impact how investors utilize Tokeny services: investors are still able to access the “Onboard,” “Investor Portal,” and “Billboard” modules through the T-REX Platform, but investors who use Fireblocks can rest assured that all transactions can be signed securely via Fireblocks.   Working with Fireblocks and Tokeny, we have been successful with the issuance of tokenized bonds and the custody of digital assets; as a result, ABN AMRO became the first Dutch Bank to issue bonds that help raise capital for corporate clients and pioneered tokenization in corporate banking. Martijn SiebrandProgram Manager Digital AssetsABN... --- Fireblocks Off Exchange leverages MPC technology to enable traders to allocate and mirror assets directly to an exchange from a wallet they mutually control, protecting their principal from hacks, bankruptcy, and fraud, while providing centralized exchanges with complete on-chain transparency that client accounts are fully collateralized. Off Exchange is launching with support for Deribit, with HTX, ByBit, OKX, Gate. io, BIT, OneTrading, Coinhako, Bitget, and additional global exchanges being added in the coming months.   Understanding exchange counterparty risk Exchange counterparty risk takes various forms, including cyber hacks, bankruptcy, commingled accounts, and misappropriation of client funds, as evidenced by the FTX incident. These risks stem from the unique structure of the crypto trading market, where exchanges play the role of both a custodian and trading venue. The outsized counterparty risks have restricted the capital that trading firms deploy on exchanges, and prevented traditional firms from entering the crypto market altogether.   To counter this risk, operations teams have traditionally implemented time-consuming processes to monitor exposure and constantly sweep excess exchange margins to protect their businesses. But these processes only manage exposure, as they cannot fully mitigate the risk that their funds are commingled at an exchange. This trading model is also adverse to exchanges, as institutions reduce capital to maintain risk limits.   Delivering the first true Off Exchange solution Existing off-exchange solutions attempt to solve exchange counterparty risk by pooling traders assets in a custodial account, which are then mirrored to an exchange account where they’re made available for... --- In 2019, only 1 of the top 20 blockchains by market capitalization was a Proof of Stake blockchain (Tezos), with a total value staked of around $50 million. Today, 16 of the top 20 blockchains are Proof of Stake (excl. Bitcoin, Dogecoin, Bitcoin Classic, and Litecoin), with a total market cap of around $850 billion; representing about 22% of the total market cap of all cryptocurrencies. Without BTC, PoS would represent 50%. If this trend is to continue, staking will serve an increasingly important role in both securing blockchains and delivering value to market participants.   2024 has also seen the global acceleration of publicly traded crypto ETFs, with Bitcoin and Ethereum ETFs notably receiving approval from the U. S. SEC. As a Proof of Stake blockchain, Ethereum can offer unique value to ETF issuers and holders, but also poses new regulatory hurdles, and operational and risk considerations. What considerations should you take when staking ETH? There is clear market demand for ETH on its own, but with staking as a native mechanism to secure the Ethereum blockchain while simultaneously rewarding stakers with yield, any ETH investment product that does not include staking is likely falling short. Today in the U. S. , there are many ETH ETFs, but none of them include staking due to the SEC pushing back on all ETH ETF S-1s that initially proposed staking. This is not the case in other jurisdictions; Switzerland, Canada, and others have approved staking for the underlying ETH, primarily for... --- With the advent of cutting-edge technologies like blockchain, the payments space is rapidly evolving. A conversation between Ran Goldi of Fireblocks and Nikola Plecas of Visa Crypto took listeners on a deep dive into the world of digital assets, blockchain, and the role and potential of stablecoins in global payments. How Visa and other institutions can overhaul the movement of money with stablecoins In the conversation, Goldi laid out how stablecoins offer an array of advantages. Programability, auditability, swift settlement times, self-custody options, and interoperability are factors leading to their increasing adoption by payment companies across international borders. Goldi introduced the concept of a "stablecoin sandwich," a process of exchanging fiat currency to stablecoins and back, making global money transactions faster and more accessible. This innovative approach is changing the way we transfer money, taking minutes rather than days. Meanwhile, Plecas detailed Visa's significant role as a commercializer of fiat payments with blockchain technology. Establishing a bridge between new blockchain technologies and its vast existing network of merchants and financial institutions, Visa has been at the digital frontier. Furthermore, through Visa Direct, clients can receive fiat currency payouts to their Visa accounts. Plecas emphasized the expanding adoption of stablecoins and their potential to overhaul current money movement solutions – from remittance to cross-border payments. He cited a report highlighting substantial usage and positive attitudes toward stablecoins in emerging markets. Even during economic downturns, the steady growth of stablecoin usage signals its invaluable role in preserving individual wealth and savings, especially in... --- We are excited to announce that Fireblocks has strengthened its presence in the Asia-Pacific region by establishing a regional office in Tokyo, Japan. Fireblocks will be bolstering its presence in Japan by hiring best-in-class sales, professional services, and product teams dedicated to delivering bespoke solutions for Japanese enterprises. There is currently a team on the ground with plans to hire more staff in 2025, who will ensure a seamless, bilingual client experience, further underscoring Fireblocks’ commitment to tailoring its offerings for the Japanese market. Bringing security & innovation to digital asset businesses Japan is rapidly emerging as a leader in institutional blockchain adoption, with its cryptocurrency market projected to grow by 54% from 2024 to 2032. This is a key driver for Fireblocks to further expand its presence in the country, by providing secure and innovative digital asset solutions to support this development. Fireblocks already provides its enterprise-grade wallets to some of the country’s biggest virtual asset exchanges and financial services providers, including offering Multi-Party Computation (MPC) and Hardware Security Module (HSM) solutions on the market. By establishing an office in Japan, Fireblocks is doubling down on on-premise safekeeping to deliver its globally renowned security and innovation to Japanese businesses. Powering the biggest Web3 players In tandem with its office launch, Fireblocks is driving strategic collaborations with leading financial institutions, non-financial corporates, and Web3 innovators — including Web3 infrastructure development firm Startale Labs, the company behind Astar Network, Soneium, and Startale Cloud; Web3 gaming platform Oasys; and cryptocurrency exchange and... --- The anticipated change in stance from US regulators will drive a huge boost to global stablecoin adoption, which is already rapidly gaining traction as their share in cross-border and business-to-business payments grows, according to Michael Shaulov, CEO of Fireblocks. Shaulov made the comments on Tuesday at the company’s third annual SPARK conference in Barcelona, where he told delegates that the digital asset industry is preparing for a "fairly significant” transformation next year as a more crypto-friendly government and regulatory attitude is expected to prevail. Stablecoins are already on a tear. In 2024, the share of stablecoins versus other cryptocurrencies grew significantly, and about half of the $3tn worth of transactions handled by the Fireblocks Network in the last year consisted of stablecoins, Shaulov said in his keynote address, adding that the Network processes around 10% of transactions in the almost$200bn stablecoin market. He also noted that payments were the fastest-growing segment for Fireblocks, with activity concentrating on cross-border business-to-business transactions.   We are going to see a fairly significant transformation with the anticipated 180-degree shift in the US regulatory environment, including a reversal of Operation Chokepoint 2. 0 and the anticipated stablecoin bill getting passed. This will drive significant growth in the adoption of stablecoins in the global economy. Michael ShaulovCEO & Co-FounderFireblocks The stablecoin space has seen significant growth this year, with its market capitalization up by 60% since the start of January. Tether, the largest stablecoin by market cap, has led the surge with a 50% growth in... --- The Fireblocks Cryptography Research Team has developed MPC-BAM, a new two-party ECDSA MPC protocol that achieves an ideal balance among the three key efficiency metrics in cryptographic protocols: rounds, communication, and computation. Multi-party computation (MPC) cryptography protocols are critical for the decentralized finance (DeFi) ecosystem as they enhance security and privacy while allowing direct custody operations. In this blog, we will explore the impact of MPC cryptography in the blockchain space, the role Fireblocks has played in advancing this technology, and the benefits of the new MPC-BAM cryptography protocol. Pushing MPC technology forward Since its inception, Fireblocks has consistently contributed to the MPC wallet space by publishing new free-to-use protocols and releasing open-source code for full transparency. Fireblocks remains at the forefront of the digital asset industry by operating MPC wallets at scale and raising the bar on security by publishing security research that identifies vulnerabilities in existing alternative solutions . In May 2020, Fireblocks released MPC-CMP (also known as CGGMP), offering significant speed and security enhancements compared to the algorithms available at the time. For nearly five years, Fireblocks clients have benefited from the speed improvements and enhanced security that MPC-CMP offers over alternative solutions. Our researchers have showcased this enhanced security by identifying and responsibly disclosing vulnerabilities in over 15 major wallet providers. Serving our clients at scale has taught us invaluable lessons. Our MPC protocols are designed to meet real-world challenges such as horizontal scaling, rapid wallet creation and signing, and minimal network communication. As digital asset... --- At Fireblocks, our Decentralized Finance mission is to reduce the complexity to access DeFi protocols and protect users when interacting onchain.   Interest in Decentralized Finance, or DeFi, is growing rapidly. In fact, the Fireblocks DeFi suite has supported over $22B in DeFi volume in the past 90 days alone and witnessed a 110% surge in DeFi volume between the second and third quarter of this year. As DeFi transaction volume surges, new entrants and industry veterans alike encounter challenges as they grow their transaction volume onchain.   Foremost among these challenges are complexity (balancing sophisticated capabilities and ease of use) and security (mitigating risk). The processes to connect and transact onchain can be difficult, including connecting to a dApp, which can be cumbersome and error prone. Additionally, there are specific security risks to consider when interacting with DeFi platforms, including the risk of interacting with malicious or hijacked dApps, the risk of signing malicious transactions, and the requirement to manage open token approvals.   Two New Fireblocks DeFi Capabilities The latest evolution of the Fireblocks DeFi suite introduces two new features - Fireblocks Swaps and the Fireblocks Token Allowance Manager - to reduce the complexity and risk for all users and lower the barrier to entry for new entrants. The new Fireblocks Swaps capability reduces the complexity and time to swap tokens. Fireblocks Swaps enables users to quickly swap thousands of tokens directly from the Fireblocks console. Fireblocks Swaps integrates with the Uniswap API to source liquidity from offchain... --- For digital asset businesses, the increased clarity in the global regulatory landscape, driven by frameworks like MiCA and DORA in the EU and from the Hong Kong SFC and Monetary Authority, has been a welcome evolution. It also means that internal and external compliance requirements are growing more complex to manage as digital asset businesses consider expansion strategies and the need to streamline operational plans. Digital asset businesses often have a variety of existing solutions, and overhauling this infrastructure is costly and complex. Institutions need a way to integrate these solutions seamlessly while ensuring operational efficiency, security, compliance, and scalability. To address these challenges, Fireblocks introduced Key Link, a solution that bridges the gap between compliance and business acceleration. The problem: managing complex digital asset infrastructure without losing momentum For regulated institutions, managing digital assets comes with unique challenges: Limitations on existing solutions: As the digital asset space evolves, enhancing legacy wallet infrastructure becomes costly and time-consuming, increasing the total cost of ownership (TCO). Resource Drain: Development teams are often pulled away from strategic initiatives to focus on building and maintaining bespoke integrations for regulatory compliance. Business Risk: Inadequate governance and policy frameworks can expose businesses to vulnerabilities, regulatory scrutiny and potential fines. The solution: Fireblocks Key Link Fireblocks Key Link solves these challenges by allowing businesses to integrate their new or existing HSM-based key management solutions into the Fireblocks platform, enabling full use of Fireblocks’ advanced wallet capabilities without disrupting current infrastructure. With Key Link, regulated businesses can: Reduce... --- Fireblocks is excited to announce the expansion of our suite for decentralized finance (DeFi) and security capabilities at our annual user conference, SPARK. After seeing DeFi activity on our platform surge to $60 billion in total transactions this year, Fireblocks Chief Product Officer & Co-Founder, Idan Ofrat, introduced new DeFi capabilities designed to provide a more resilient framework for customers. The upgraded DeFi suite supports Token Swaps and Allowance Manager, which adds the necessary guard rails for customer teams to interact safely with leading decentralized finance applications such as Aave and Uniswap. The continued rapid growth in digital asset operations emphasizes the importance of secure, scalable solutions that empower institutions to confidently navigate this space. These advancements address the industry’s critical challenges while continuing to set the standard for institutional-grade digital asset practices. Michael ShaulovCEOFireblocks In 2020, Fireblocks introduced our DeFi suite to institutions looking to utilize DeFi capabilities, like decentralized exchange trading, decentralized lending/borrowing, staking, and yield farming while complying with security, operational, and regulatory requirements. Today, we are announcing two new capabilities to reduce the complexity and risk for all DeFi operators and lower the barrier for new entrants: Fireblocks Swaps and Fireblocks Token Allowance Manager. The suite will include Fireblocks Swaps and Fireblocks Token Allowance Manager:  Fireblocks Swaps allows users to exchange tokens directly within the Fireblocks Console using offchain and onchain liquidity through the Uniswap API, eliminating the need for external exchange accounts, thereby reducing security risks by eliminating the need for external exchanges.   Fireblocks... --- We are excited to announce our new integration with Google Cloud's Confidential Space, which dramatically enhances the security of customer digital assets. This integration solves a critical challenge in cryptocurrency security: private key management. By leveraging Confidential Space, Fireblocks customers can ensure that no single party has full access to private keys, significantly reducing the risk of theft or misuse. This integration allows the performance of secure transactions while meeting stringent regulatory and compliance standards. By incorporating Google Cloud’s Confidential Space Virtual Machine (VM) and security tools like Attestation Service, Identity and Access Management (IAM), and Key Management Service (KMS), Fireblocks enhances its customers’ ability to prevent unauthorized access to their accounts. These features ensure that only authorized users can interact with sensitive data, providing businesses the confidence to scale their digital asset operations while maintaining the highest levels of security and compliance. Confidential Space, with its strong security guarantees combined with ease of use, has been widely adopted by the Web3 industry. We are excited to see this integration with Fireblocks that will benefit our mutual customers. Rene KolgaSenior Product ManagerGoogle Cloud Fireblocks’ integration with Google Cloud’s Confidential Space leverages Multi-Party Computation (MPC) technology to securely distribute private keys across both Fireblocks' servers and client systems, ensuring that no single party, including Fireblocks itself, can access the complete private key. By distributing the keys securely, the integration significantly reduces the risk of compromise or a single point of failure, providing enhanced protection for digital asset operations. “By integrating with... --- Crypto staking platforms empower investors to earn passive income through participating in blockchain networks. In recent years, these platforms have evolved from simple validator nodes to sophisticated financial infrastructure, processing billions in staked assets. This shift represents a fundamental change in the cryptocurrency landscape as it moves from pure speculation to productive asset utilization. As digital asset staking becomes increasingly mainstream, understanding how these platforms work, the various types available, and associated risks is crucial for both individual and institutional investors. The market has witnessed exponential growth, with total staked assets across major networks exceeding $100 billion, highlighting the significant role staking now plays in the broader crypto ecosystem. This growth has been driven by several factors: the transition of major networks like Ethereum to Proof of Stake, increasing awareness of staking as a passive income strategy, and the development of user-friendly platforms that make staking more accessible. This rapid expansion brings both opportunities and challenges. For individual investors, staking offers a way to earn yields that often surpass traditional financial instruments, while actively contributing to network security. Institutional investors see staking as a strategic opportunity to generate returns on their digital asset holdings while potentially benefiting from token appreciation. Yet the technical complexity, varying reward structures, and evolving regulatory landscape create a nuanced environment that requires careful navigation. The democratization of staking through various platforms has removed many traditional barriers to entry, but it has also introduced new considerations around custody, security, and risk management. As the industry matures,... --- At our most recent Fireblocks Network Open House in London, we hosted a panel featuring Fireblocks CEO Michael Shaulov, Ownera CEO Ami Ben-David, and Archax Chief Revenue Officer, Nick Donovan.   In the panel, we discussed our new partnership with Ownera, a provider of interoperability technology and transaction orchestration using routers; together, we’re enabling financial institutions to distribute, access and trade tokenized securities on the Fireblocks Network. The panel specifically focused on tokenized Money Market Funds (MMFs), as a first example of a much broader set of asset classes.   The set up will also allow crypto-native market participants on the Fireblocks Network to leverage these tokenized funds as collateral to support their trading activity at licensed exchanges like Archax. How does Fireblocks’ partnership with Ownera work? The first asset class to be introduced through the Fireblocks x Ownera partnership is tokenized money market funds (MMFs), providing investors with direct access to MMFs from various sources and blockchains in a unified process. Tokenized MMFs are rapidly growing in popularity, offering instant access to high quality yield-bearing instruments from regulated institutions on chain, and enabling MMFs to be posted as collateral with instant settlement and enhanced collateral mobility at the asset’s source registry. Leveraging Ownera’s transaction orchestration and interoperability technology, these tokenized assets can be sourced from any tokenization platform connected to an Ownera router, utilizing any blockchain – whether public or private – and supporting a range of digital and non-digital payment options. The potential for tokenized assets, including tokenized MMFs,... --- As the 2024 U. S. election results settle, the digital asset industry is actively assessing what this means for the future of digital assets. At Fireblocks, we’re confident that the crypto industry's robust fundamentals mean innovation will continue as we head into 2025. Trump’s win, along with over 250 pro-crypto candidates securing seats in Congress compared to 115 anti-crypto candidates, makes the outlook for crypto markets even brighter. Here’s why. Boosting progress for stablecoins The stability, transparency, and accessibility that stablecoins provide have already begun reshaping the financial landscape—not just in the U. S. but globally.   The election saw over 75% of pro-crypto Senate candidates winning, a promising sign of the regulatory clarity that could lead to widespread stablecoin adoption. Bipartisan support for stablecoin regulation is a positive signal for the stablecoin bill likely to pass soon. We see high potential for regulatory reform that could solidify stablecoins as a critical financial instrument.   The right steps could establish a clear regulatory framework for stablecoin custody and classification, giving banks, fintech, and consumers more confidence in engaging with these products and helping secure their role in building a more inclusive financial system. This framework aligns with Washington’s renewed commitment to economic growth and innovation, and its progress will be essential to keeping the U. S. competitive. The resilience of the crypto market Crypto’s resilience has been proven again. The industry has weathered its share of challenges across market cycles and political climates and continues to reach new demand heights.... --- Today, we’re excited to announce that Fireblocks has expanded our blockchain support with the integration of the Unichain Superchain L2 that’s designed to be the home for DeFi and liquidity across chains. At Fireblocks, we are committed to continually delivering the fastest blockchain support and building secure solutions to access and trade across DeFi platforms. In 2024 alone, we’ve added more than 20 blockchains; (today we currently support over 80 blockchains). Fireblocks’ blockchain support enables our customers to quickly take advantage of new market opportunities and grow their business. We offer broad support for: Market makers to provide liquidity Crypto funds to trade tokens Exchanges to offer retail trading and custody Investors to securely custody tokens Fireblocks x Unichain Shortly after Unichain’s mainnet launches, Fireblocks’ customers will be able to: Instantly support and securely custody new tokens issued on Unichain  Access dApps built on Unichain through Fireblocks’ Browser Extension, WalletConnect, and Contract Call APIs Easily transfer tokens on Unichain to counterparties on the Fireblocks Network and connected exchange accounts Developers can build new products on Unichain with Fireblocks Wallet-as-a-Service About Unichain Uniswap has established itself as a cornerstone of the DeFi ecosystem, with nearly $5 billion in Total Value Locked (TVL) across 25 blockchain networks. Unichain represents the next evolution in this journey, joining the Optimism Superchain alongside notable networks like Coinbase's Base layer-2. The integration brings three key benefits to Fireblocks users: 1. Enhanced speed Unichain launches with one-second block times, soon to be reduced to 200-250 milliseconds. This... --- Secure access to the latest blockchains and their features is a core focus at Fireblocks, thereby empowering our customers to take advantage of new market opportunities and enhance their offerings. In the past year alone, we've added support for over twenty new blockchains, helping thousands of digital asset businesses to grow their revenue and expand their reach. Fireblocks is excited to announce our latest collaboration with the TON Foundation, which deepens our support for the TON blockchain through the introduction of Jettons – tokens on TON. This integration enables consumer apps, trading firms, exchanges, and payment companies using Fireblocks to securely custody, trade, and develop new products and services in the TON ecosystem. To further drive innovation and adoption, Fireblocks is also launching a $200,000 grant program aimed at empowering developers and businesses to build in the TON ecosystem with Fireblocks. “Our latest collaboration with the TON Foundation presents a significant opportunity for both businesses on Fireblocks and Telegram users. Fireblocks support for Jettons will allow our customers to expand their services to a network of nearly one billion retail users—from payment companies and exchanges to consumer apps. ”Michael ShaulovCEOFireblocks Meeting users where they are The Open Network (TON) is a blockchain designed by and integrated into Telegram, enabling Telegram’s nearly one billion active users to quickly onboard and interact with crypto. By bringing crypto capabilities directly to their users through Mini Apps like TON Wallet, TON is removing the traditional barriers to crypto adoption. Mini Apps enable developers to... --- This year’s Money 20/20 event brought industry leaders together to discuss the latest in payments and fintech. Many conversations at the event underscored certain key trends that are rapidly shaping the payments landscape. The shift in the types of conversations around stablecoins happening today is undeniable – the question has moved beyond “Why stablecoins? ” to “How do we do this today? ”  Here are three major takeaways from this year’s event: A new era for stablecoins in payments: from explaining the basics to showcasing solutions At Money 20/20, it became clear that conversations that once centered around explaining what stablecoins are have shifted; today, we’re diving into discussions on what is needed to build blockchain payments solutions. The reason is clear – the foundation is ready and the domino effect is moving quickly.   Regulations are clearer in many jurisdictions, which signals that there’s a solid foundation for banks to bank payment companies and merchants who touch digital assets in their payment flows with confidence. This then means that companies can now off-ramp stablecoins and cryptocurrencies more efficiently, therefore accelerating demand and their ability to build services to support more businesses. Industry validation: Stripe’s $1 billion bet on blockchain Another proof point for this conversational shift is Stripe, who have provided validation of blockchain’s long-term role in payments. Its recent acquisition of Bridge for $1 billion stands as a testament to this, signaling to the broader market that blockchain is not just here to stay, but becoming a fundamental part... --- This January, the EU’s Digital Operational Resilience Act (DORA) will come into force, along with a number of other EU crypto regulations, and it is poised to usher in a new era for technology providers – in both the traditional and digital asset markets. Fireblocks is ready for this transition, and we’ve been helping our clients prepare for the new digital asset regulations in recent months as the deadlines approach. But what will the rules mean for the industry, and what are the key requirements that regulators in the EU want to see? What is DORA and why is it happening? DORA is a new set of EU regulations that officially come into force on January 17th 2025. DORA looks to introduce significantly higher standards for managing information and communication technology (ICT) as regulators aim to strengthen operational resilience at companies that are part of the global financial market infrastructure.   DORA has significant implications for firms operating throughout the digital asset ecosystem, whether they are licensed crypto-asset service providers (like custodians) or traditional regulated financial institutions. The importance of digital operational resilience and protecting against cyberattacks, along with the attendant reputational risks, has always been important for these companies. DORA now provides a more expansive set of regulations aimed at ensuring enhanced protections for the European financial system, harmonized across the twenty-seven member states. As firms are heavily reliant on communications technology, including technology supplied by third party partners, DORA aims to ensure that companies are ready and prepared... --- SCB 10X, the disruptive technology investment and innovation arm of SCBX Group, has launched Rubie Wallet, a digital wallet application designed to facilitate seamless QR payments using USDC and THBX (Thai Baht Stablecoin). Its key activation will be for foreign visitors attending DevCon 2024 in Bangkok. The stablecoin was developed in collaboration with Elliptic, Circle, Base, SCB, and InnovestX, with Fireblocks providing Wallets-as-Service infrastructure for the platform. The Rubie Wallet showcases Purpose-Bound Money’s (PBM) practical applications, simplifying the payment process for international attendees by eliminating the need for traditional currency exchanges. Developed under the regulatory framework of the Bank of Thailand (BOT) and the Securities and Exchange Commission (SEC), the Rubie Wallet offers a secure, efficient payment solution. About Rubie Wallet The PBM initiative will run from November 5-25, 2024, with key activations during DevCon (Nov 12-15). DevCon attendees will be able to use the Rubie Wallet to convert USDC into Thai Baht Stablecoin (THBX) in real time, offering a faster, cost effective alternative to traditional currency exchanges. The project is secured with Fireblocks Wallets-as-a-Service infrastructure. Purpose-Bound Money with THBX, Thailand’s first programmable stablecoin, addresses challenges such as inconvenience from carrying cash and changes, long queues at FX kiosks, and higher transaction fees from FX risks when using credit cards by enabling seamless stablecoin payments through USDC-to-THBX conversions and secure mobile QR payment transactions.   “At SCB 10X, we believe that participating in the Bank of Thailand & Thai SEC’s regulatory sandbox will be a significant move for financial innovation,... --- With the rapidly increasing institutional adoption of digital assets, financial organizations need secure and efficient ways to scale and operate to capitalize on growing demand. Today, multi-sig and MPC are two of the most common technologies for securing private keys. You may be wondering – which is a better option for my organization? In this blog post, we'll walk you through everything you need to know about both technologies so you can get a better sense of which fits your organization's needs. The multi-sig challenge Multi-sig (multi-signature) is a digital signing process that enables two or more users to sign transactions as a group.   Before multi-sig wallets entered the mainstream, cryptocurrencies were generally stored using a single private key. Whoever had access to the private key itself was able to access the funds associated with that key. Multi-sig added an additional layer of security to the equation by creating wallets that require the signature from multiple keys. While multi-sig offers potential solutions to some of the problems of single-signature wallets, it also introduces new issues. This is because when multi-sig was first introduced in 2012, the blockchain space was different in a variety of ways. For example, bitcoin was the only cryptocurrency, so the concept of creating a security technology that would work across multiple blockchains was irrelevant. In today’s fast-paced digital asset landscape, multi-sig-based solutions can no longer support the needs of a digital asset business because: Multi-sig is not protocol agnostic Not all cryptocurrency protocols support multi-sig... --- Fireblocks, an easy-to-use platform to manage all digital asset operations and build innovative businesses on the blockchain, is working with payments solution Borderless. xyz to create the next generation of fiat-to-crypto rails. Borderless. xyz, the global payments network for stablecoins and fiat, has integrated into Fireblocks' Payments Engine, Embedded Wallets, and Wallet as a Service (WaaS) to provide secure on/off-ramp flows, enhanced by Fireblocks Network, with seamless access to liquidity providers and exchanges. With this integration, Borderless. xyz can now support stablecoin and fiat transactions for businesses to a secure, interconnected payments ecosystem that prioritizes efficiency and compliance at scale. The connectivity between Fireblocks and Borderless. xyz also ensures that Borderless. xyz puts interoperability at the forefront so that businesses can move value across chains and types of payment forms. Ensuring security and scalability for global payments Leveraging Fireblocks’ proven infrastructure, Borderless. xyz ensures high levels of security to reliably serve clients across jurisdictions. New capabilities include unlocking the use of local payment rails for businesses to connect fiat and crypto transactions more easily and supporting regulatory requirements across global markets. This also marks Borderless. xyz’s participation in the Fireblocks Network, offering Fireblocks clients access to Borderless. xyz’s global payment network. Ran Goldi, SVP of Payments and Network at Fireblocks said, “Fireblocks is proud to support Borderless. xyz in their mission to create a more accessible, secure infrastructure for fiat-to-crypto payments. We’re committed to advancing safe, on-chain payment solutions, and Borderless. xyz represents an ideal partner in this journey. ”... --- On Culture & Growth: Life at Fireblocks In a world where digital assets are revolutionizing finance, our job at Fireblocks feels, well... revolutionary! Welcome to Fireblocks, where we're not just powering the future of digital assets and payments — we’re having fun while doing it! Simplifying the complex: what we do Fireblocks’ platform allows institutions to store, transfer, and manage their digital assets with a security backbone the largest and most innovative institutions trust. While the technology behind our solution is complex, our mission is simple: we make it safe and easy for businesses to participate in the digital asset economy. Our platform has become the trusted choice for many of the world's leading financial institutions. Major global banks like BNY Mellon, enterprise clients such as Revolut, and iconic crypto-native platforms like eToro rely on our infrastructure to protect and manage their digital assets. These industry giants, along with innovative firms like Galaxy Digital represent just a fraction of the 2000+ institutions that trust Fireblocks with over $6 trillion in transferred assets. Career growth: not just a promise, but a priority When we say career growth is important to us, we mean it. Here's what sets us apart: Learning at scale: From our technical bootcamps to leadership development programs, we invest heavily in your professional development. Our team members regularly attend industry conferences, participate in specialized training, and have access to cutting-edge learning resources. Finally, our teams work on the most cutting-edge technologies — guided by our in-house tech experts... --- We're excited to announce that Trident, a leading, institutional-grade service provider in the digital asset space, has chosen Fireblocks as a key technology partner to power its diverse range of services. Trident has established itself as a comprehensive solution provider in the digital asset ecosystem, offering a suite of services designed to meet the complex needs of institutional clients: Undercollateralized and oversecured lending via the Trident Conduit platform Structured finance solutions addressing regulatory constraints and tax optimization Treasury management services Stablecoin advisory and on-chain liquidity programs With this broad spectrum of offerings, Trident is positioned at the forefront of institutional digital asset services, bridging the gap between traditional finance and the crypto world. How Trident is leveraging Fireblocks Trident is leveraging Fireblocks and the Fireblocks Network in three major ways, each contributing to enhanced security, efficiency, and scalability: 1. Lending conduit The Trident Digital lending platform is harnessing the power of the Fireblocks ecosystem to connect with a wide range of network participants, from liquidity providers to trading houses and custodians. This integration enables efficient and secure movement of borrowed tokens within the platform and across connected trading venues. As Trident scales its lending capabilities, Fireblocks has become the backbone of its operations, ensuring transferability of features and maintaining robust security standards. 2. Structured finance In the increasingly complex world of digital asset finance, having a robust and transparent base layer is crucial for delivering efficient and error-proof outcomes to clients. Trident has made Fireblocks an integral part of its... --- Addressing a critical need in the industry When we first announced our plans to build Fireblocks Automation in April 2024, we set out to tackle a seemingly mundane yet crucial challenge for our customers. Our goal was to mitigate the manual, repetitive, time-consuming, and error-prone blockchain payment and crypto trading operations that were hindering businesses from easily scaling their operations as they expanded across geographies and add new product offerings. Digital asset operations are inherently complex, requiring support for businesses that operate in a 24/7/365 industry. These operations need to be responsive to both predictable processes and unexpected market changes. However, manual reactions can be slow or significantly delayed if events occur outside of business hours, impacting working capital, risk management, and money flows. Manual operations inevitably lead to human errors, resulting in not only failed operations but also additional time spent rectifying mistakes. Exciting progress and launch We're thrilled to announce that after close collaboration with industry design partners to fine-tune features and functionality, Fireblocks Automation is now available to all Fireblocks customers to add to their Fireblocks package. This new product features powerful functionality designed to streamline blockchain payment and crypto trading operations: Mitigate counterparty risk: set desired ratios for digital assets across accounts, and funds will automatically rebalance between accounts, including exchange accounts, to maintain optimal liquidity and mitigate counterparty risk. Protect from market volatility: create rules to automatically convert incoming cryptocurrency transactions to stablecoins, protecting your business from market volatility. Manage working capital requirements: define specific... --- Crypto adoption is remarkably high in Africa. According to the Chainalysis Crypto Adoption Report, several of the world’s leading countries for crypto adoption are African, with Nigeria taking the #2 highest rank overall. This is largely due to social and economic drivers across the continent, with digital assets offering a variety of benefits for African investors – such as protection against inflation, affordable cross-border transactions, and overall stronger financial access and inclusion. While retail adoption of crypto is well-established in Africa, institutional adoption is just now beginning to accelerate. Even governments are beginning to launch CBDC projects, signaling a new era of digital asset adoption beyond the retail sector in Africa. What makes Africa unique within the digital asset space? Retail clients in Africa have already found that USDT and USDC are good ways to protect their savings against factors like hyperinflation; now, financial institutions are investing in crypto as a hedge against FX risks. In unstable economies, cryptocurrencies can help preserve wealth when local currencies devalue rapidly. At the same time, crypto can boost financial inclusion by providing access to digital wallets and DeFi platforms for those who lack a traditional banking option. The high level of retail participation in the African market has led to better market infrastructure, such as improved trading platforms and regulatory frameworks – making digital assets more secure and more appealing for institutions. Recent developments, like the approval of Spot Bitcoin ETFs, show that institutional interest is growing in response to retail demand. Retail... --- In recent years, the digital asset market has experienced both explosive growth and sobering setbacks. The collapse of FTX in November 2022 highlighted a significant vulnerability within the crypto ecosystem – the inherent counterparty risk that emerges when exchanges serve as both trading venues and custodians, roles traditionally held separately to protect market participants. When an exchange collapses, as FTX did, it jeopardizes not just its own operations, but the assets held by its users. As a result, traders reduced their trading volumes to minimize their exposure, while many institutions as well as new entrants were prevented from participating in exchange trading entirely. This risk-averse behavior has a direct impact on all exchanges. Trading volumes declined, which wouldn’t have happened if capital could be safely deployed. Building Fireblocks Off Exchange to address market vulnerabilities Recognising the limitations of existing off exchange solutions, which usually transfer risk from the exchange to a third party custodian, Fireblocks chose to develop the Off Exchange product. Fireblocks took a technology-first approach in developing this platform. Most off exchange models in the market rely on custodial accounts with pooled assets that are mirrored to an exchange account for trading. This reduces the direct exposure to the exchange, but it introduces a new risk – the custodian, which surfaces potential vulnerabilities, as some operate without a prudential license or lack adequate financial stability. Fireblocks is empowering properly regulated custodians and prime brokers as a part of its offering. Fireblocks Off Exchange enables trading firms to maintain... --- Tokenization projects are making significant strides in financial markets, and beyond, by making financial and real world assets more accessible. As the market evolves, institutions require a secure and scalable solution that they can easily build and deploy. In September 2023, Fireblocks bolstered its tokenization capabilities with the acquisition of BlockFold, to provide a complete service layer of advisory, token customization, orchestration, and distribution. Recognizing the importance of trusted tokenization partners, Fireblocks also established an open tokenization marketplace to address differing requirements in a rapidly evolving market. One of our earliest tokenization partners to join the marketplace is Bitbond, a leading provider of enterprise tokenization technology that offers its services to banks, asset managers, and fintechs. Token Tool, Bitbond’s web3-based tokenization app, allows token creators to seamlessly issue, manage, and distribute tokens and NFTs across EVM-compatible blockchains. We’ve deepened our partnership to enable Fireblocks customers to deploy, manage, and secure tokens from Bitbond smart contracts directly from their Fireblocks console. This integration is testament to Fireblocks’ commitment to ensure that our customers benefit from having more options for how they approach smart contract mechanics to meet their unique requirements. Key benefits include: Access to Bitbond’s entire suite of smart contracts within Fireblocks Console: A new way to access, deploy and manage BitBond smart contracts, which adhere to open standards and have additional capabilities such as automated settlements, conditional payments, and more, eliminating the need for additional tools. Centralized control via Fireblocks: Consolidate tokenization operations by leveraging Fireblocks to securely deploy... --- Fireblocks now enables customers to use Hashnote’s regulated tokenized money market fund, US Yield Coin (USYC), as a collateral asset on Deribit through Fireblocks Off Exchange. This significant milestone marks the first time a major crypto derivatives exchange is supporting a regulated tokenized money market fund, and the first time this type of token is being used as collateral. USYC is a cross-collateral currency on Deribit. This means it can be used as collateral to trade derivative instruments regardless of the settlement currency. For example, USYC can be used as collateral to trade derivative instruments that are settled in BTC, ETH, or USDC. All Deribit traders can buy, sell, and hold USYC in their Deribit accounts, or hold it off the exchange in Fireblocks while still capturing yield, subject to Hashnote’s KYC. They can also transfer USYC on-chain to any address whitelisted with Hashnote. QCP Capital, the biggest market maker for USYC pairings, will also deploy capital via Fireblocks Off Exchange. Additionally, Fireblocks customers can hold USYC, transfer the asset via the Fireblocks Network, and interact with the Hashnote USYC smart contract to mint and redeem it. Enabling greater collateral flexibility Trading venues typically optimize their collateral strategies based on liquidity needs, risk assessment, and regulatory changes. As interest rates rise, market participants generally prefer to use non-cash collateral as the opportunity cost of holding cash increases. Allowing non-cash collateral increases the pool of available capital for trading venues. Tokenized money market funds, such as USYC, offer a new form... --- Your browser does not support the audio element. As digital currencies continue to gain traction, stablecoins are emerging as a promising solution to bridge the gap between traditional finance and the crypto world. In a recent industry discussion, Paul Bances, VP and Head of Market and Business Development, Blockchain, Crypto, and Digital Currencies at PayPal, Nick Robnett, Head of Asset Growth at Paxos, and Fireblocks SVP of Payments and Network Ran Goldi shared their insights on this rapidly evolving world – and the potential of stablecoins to revolutionize the payments industry. Where are stablecoins headed? The discussion, in an X Spaces session, focused on the rise of stablecoins has been nothing short of remarkable, with major players like PayPal launching their own digital currencies. PayPal's introduction of PYUSD in August 2023 marked a significant milestone in the company's broader digital currency strategy. This move reflected a growing belief in the industry that stablecoins – which offer benefits such as near-instant settlement, 24/7 availability, and programmability – represent the next evolution in payments and e-commerce. As Bances attested to in the discussion, PayPal's approach with PYUSD is rooted in providing optionality and choice to its users. The company aims to create a seamless ecosystem where customers can pay through traditional methods, cards, or digital currencies, depending on their preference. This flexibility extends to merchants as well, allowing them to accept various payment methods while potentially settling in their preferred currency. The potential use cases for stablecoins like PYUSD are diverse and... --- TOKEN2049 Singapore was a melting pot of global leaders and cutting-edge trends in the crypto space with over 20,000 visitors, 400 exhibitors, and 600 side events. Amid all of the expert discussions and industry thought leadership, I sat down to examine what I thought were the most important takeaways from the world’s biggest crypto event. Takeaway #1. Stablecoins will ‘eat the world’ If there's one thing that was crystal clear at TOKEN2049, it's that blockchain payments are rapidly moving from sporadic exploration to mass experimentation. I had the opportunity to participate in several panels and fireside chats with industry giants like PayPal, Galaxy, Shift4, and Mesh, as well as Visa at Solana Breakpoint. In addition, Fireblocks Senior Director of Banking and Asset Management, Neil Chopra, also spoke about setting a new industry standard for regulated stablecoin issuance with Chainlink at the Stablecoin Standard event, and Fireblocks CEO, Michael Shaulov, discussed tokenization shaping the future of finance on the TOKEN2049 Main Stage. The recurring theme? The unstoppable rise of stablecoins. The numbers don't lie. Visa's recent report revealed that in the first half of 2024 alone, stablecoins settled over $2. 6 trillion worth of value. It's not just about the numbers, though. Stablecoins offer significant advantages over existing payment systems, including native programmability, strong auditability, fast settlement, self-custody options, and seamless interoperability. From my discussions both on and off stage, it's evident that stablecoins are far from a passing fad. They're being used for everything from cross-border payments and remittances to... --- In response to growing institutional demand, Fireblocks has launched an integration with Lido to provide easy and secure in-platform access to Lido’s liquid staking protocol and stETH token. Users can now stake their ETH, receive rewards, and use stETH for on-chain activities, including Fireblocks Off Exchange, which allows Fireblocks users to lock their stETH in a self-custodial collateral wallet to trade on exchanges like Deribit and Bybit. Liquid staking enables users to transfer and operationalize staked tokens without the firm requirements that lock up assets for stakers on the Ethereum network. It allows users to deposit tokens and receive tradable liquid tokens (stETH) in return, thereby unlocking the ability to receive staking rewards while maintaining liquidity and access to their assets. Liquid staking with Lido may be useful for institutional ETH holders and can provide the ability to stake without the requirement of maintaining complex staking infrastructure. While Ethereum direct-stakers must stake in increments of 32 ETH, liquid staking allows users to stake any amount of ETH, with the ability to access instant liquidity. This flexibility also benefits retail-facing exchanges and fintechs, whose end users might have less than 32 ETH but want to realize the benefits of ETH staking. Those with larger ETH positions can unlock capital efficiency through liquid staking, leveraging their staked ETH tokens (stETH) for on-chain activities. With the Lido integration, Fireblocks customers can stake their ETH without locking it up or having to maintain complex infrastructure – all while still participating in on-chain activities and... --- The operational infrastructure for digital asset security has been continuously evolving – shifting from single-key hardware wallets, to multi-sig smart contract wallets, to MPC or HSM-powered wallets. This infrastructure improvement has created greater operational efficiency, enabling trading firms to deploy more capital without compromising on security. While the underlying wallet infrastructure options available have improved, there are still points of friction that can add both cost and time leading to missed opportunities. These primarily come from the trade-offs that need to be made from an operations perspective. Taking a page from Vitalik Buterin’s blockchain trilemma, Fireblocks calls this the Crypto Trading and Operations Trilemma. The Crypto Trading and Operations Trilemma addresses three potentially complementary but also opposing forces from an operations perspective – Security, Efficiency, and Scalability. Security pertains to the safety of your firm's own funds or those it manages on behalf of clients. Efficiency refers to how quickly you can respond to market moves, transfer assets, and settle. Scalability refers to how easily you can grow your operations and team or adopt new strategies. In this blog we will explore each element of the trilemma and list out the key issues to consider for each of them. You can read about how to approach solving the trilemma here. Part 1: Security As trading firms grow and expand their operations, they face the dual challenge of maintaining ironclad security while simultaneously ensuring efficiency and scalability. This balancing act becomes increasingly complex as firms add new team members, explore new... --- --- ## Resources Nonco is a digital asset brokerage that services ETFs, asset managers, crypto native firms, and financial institutions globally. Nonco utilizes Fireblocks for Treasury Management and is using our Policy Engine and API connectivity to streamline their treasury operations. We started looking at the whole spectrum of wallet providers or custodians, and we recognized that Fireblocks was one of the only ones that not only was technology friendly but also had a very scalable solution with a very deep network already embedded into the crypto ecosystem. I'm Fernando Martinez from Nonco and I'm the CEO. Nonco is a digital asset brokerage that provides liquidity to institutional counterparts. We are heavily focused on the Americas region, however, we do have a global footprint. Nonco serves institutional counterparts such as ETFs, asset managers, crypto native firms, and financial institutions. One of the things that we were looking for when we chose Fireblocks as a technology provider was, first of all, the technology has to be super user-friendly and API-driven. That's not something that everybody offers. With the API integration that you can create through Fireblocks, it's endless opportunities for you to really scale your business. The second thing that we really liked about it is all of the compliance and operational toolkit that you can create. For example, the permissions within the user's maker or checker type of roles, and also, according to several thresholds. And the last thing that really drove us and once we started dealing more with Fireblocks we really... --- --- ## Press The team will spearhead Fireblocks’ efforts to develop crypto-native technologies to eliminate illicit activity and strengthen consumer protection. New York, NY – October 24, 2023 – Today, Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, announces the strategic appointments of Peter Marton, former Deputy Superintendent of Virtual Currency at the New York State Department of Financial Services (NYDFS), and leading cryptographer, Chaitanya Reddy Konda, who designed and built Nightfall, a pioneering privacy solution for Ethereum token transfers for EY. Together, they will lead the company's efforts to develop programmable blockchain-based compliance products and set international standards for on-chain identity for the digital asset industry. Marton, an authority in digital asset regulation, joins Fireblocks as Director of Digital Identity, and will report directly to Jason Allegrante, Fireblocks' Chief Legal & Compliance Officer. “Fireblocks has a long-standing commitment to enable our customers to safely and securely interact with the digital asset ecosystem by leveraging purpose-built blockchain and smart contract technologies,” said Allegrante. “Peter’s exceptional experience developing regulatory frameworks at one the world’s preeminent virtual currency units should prove invaluable as we undertake the development of on-chain identity and programmable compliance solutions that will transform the digital and financial markets and help set the standards for safety, soundness, and consumer protection. ” Fireblocks views the prevention of illicit financial activity and consumer protection as two critical components in ensuring the broad adoption of digital assets and blockchain technology. The combination of on-chain digital identity and... --- New end-to-end solution has settled $1B in transactions to date with Checkout. com and will enable a global digital asset economy for merchants, entrepreneurs and creators. Fireblocks (www. fireblocks. com), an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced today the public launch of its Payments Engine, a new suite of tools that will enable payment service providers (PSPs) with the ability to provide a blockchain agnostic, end-to-end solution for merchants, entrepreneurs and creators to accept, manage and settle digital asset payment transactions across any geography. Early pilot partner Checkout. com, who was instrumental in supporting the development of the Payments Engine, has facilitated more than $1 billion in digital asset merchant settlements through their solution this year. Today, Fireblocks welcomes FIS, the largest merchant acquirer in the world, into its network of partners using the Payments Engine. FIS and its Worldpay solutions already provide card-to-crypto processing services for 4 of the top 5 cryptocurrency exchanges and was the first global merchant acquirer to offer USDC settlements. Together, the payment services providers collectively serve over a million merchants around the world. “In the last several years, critical work has been done in the space to address pieces of the payments system,” said Michael Shaulov, CEO of Fireblocks. “From stablecoin settlement to cross-border payments to payouts for creators, we believe that the payments system must be addressed holistically, especially as we see digital assets continue to proliferate into mainstream technologies and the global economy.... --- Joining a rare subset of startup unicorns with 9-figure recurring revenues, Fireblocks performance underscores digital asset adoption at scale in the Web3 economy. Fireblocks (www. fireblocks. com), an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced today that its 2022 Annual Recurring Revenue (ARR) has surpassed $100 million just four years after the company's inception and three years since Fireblocks' first product went into market. This achievement places Fireblocks among a rare subset of SaaS unicorns — including Slack and Twilio — that have reached this coveted valuation milestone in less than five years. Founded on a mission to enable every business to easily and securely support digital assets and cryptocurrencies, Fireblocks' explosive growth runs congruent to the overwhelming interest in decentralized finance, blockchain, and Web3 technologies from the world's largest banks, consumer brands, gaming companies, fintechs, startups, and enterprises. "For the digital asset industry, 2022 has been a year of consolidation as well as tremendous growth," said Fireblocks Co-founder and CEO, Michael Shaulov. "We saw an unprecedented volume of new market entrants, including fintechs, Web3 startups, banks, and PSPs. Because of Fireblocks' MPC custody and treasury management technology, which has become one of the most fundamental pieces of infrastructure for the digital asset ecosystem, we have seen first-hand the innovation happening among fintechs, Web3 start-ups, banks, and PSPs who are diligently bringing new digital asset products to market. We will continue growing our secure and scalable product suites to meet this market... --- Experts from the world's leading digital asset companies gather in Barcelona to standardize industry best practices and unlock the next wave of blockchain innovation. Fireblocks (www. fireblocks. com), the award-winning provider of digital asset and crypto technology, announced today it will be hosting its inaugural user and ecosystem conference, SPARK '22, in Barcelona from September 10-12. The three-day sold-out event will bring together experts from Ernst & Young, Checkout. com, BNP Paribas, WorldPay, WisdomTree, eToro, Aave and more to define industry best practices, discuss strategies for future-proofing digital asset businesses, and explore the tools that will empower the next wave of digital asset innovation and adoption. SPARK '22 will feature dynamic panel discussions and workshops that focus on addressing the challenges, solutions and applications of tokenization, payments, DeFi, NFTs, and Web3 development. Headlining sessions will include How to Prepare for the Next Wave in Crypto Trading; Ways to Thrive and Survive in DeFi in 2023; Bringing Tokenization to Life in a Highly Regulated Environment; Building Crypto Risk Management Frameworks; and more. Participants will gain mastery of the Fireblocks' platform and engage with fellow leaders in the digital asset space, enabling them to maximize the full potential of the modern technology stack and stay ahead of emerging trends. "As a pioneer of MPC technology in crypto, Fireblocks has had the privilege of working alongside thousands of customers to develop some of the most groundbreaking solutions being used to secure the digital asset and crypto space today. As such, some of the... --- Fireblocks (www. fireblocks. com), the award-winning provider of digital asset and crypto technology, announced today that they have been certified by the International Organization for Standards (ISO) in the categories of security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018). Based in Geneva, Switzerland, the International Organization for Standardization (ISO) is a non-profit organization that creates and publishes standards in a variety of fields, ranging from information technology to fluid dynamics and nuclear energy. The organization is home to 162 members, each of whom is the only representative for their particular region. As the world's largest developer and publisher of standards, ISO plays a critical role in facilitating agreement among individual standards developers, by disseminating the progress achieved by local developers in one's home country to further the goal of standardization. Fireblocks ISO 27001 certification came after an extensive external audit of the company’s information security management system (ISMS) for development and maintenance of their cloud-based platform, product and IT infrastructure. Now certified in cloud, privacy and security, this accreditation makes Fireblocks the only crypto tech company to achieve all three certifications. These certifications give Fireblocks’ customers the confidence that their products and services are upholding the highest standards of security and privacy. “We are extremely proud that we have secured not one, but three ISO certifications in the areas of cloud, privacy, and security,” said Oded Blatman, CIO & CISO at Fireblocks. “Here at Fireblocks, we pride ourselves on establishing a foundation that continually strives to enhance the... --- Fireblocks (www. fireblocks. com), the award-winning digital asset and crypto technology provider, announced today the launch of a new, dedicated Web3 Engine with a suite of tools for developers to build DeFi, GameFi and NFT products and services. Fireblocks has also unlocked secure access to the world of decentralized applications, exchanges, NFT marketplaces and more, for alternative asset managers and capital markets participants. “Web3 is the future and we’ve already entered a new era of the Internet,” said Michael Shaulov, CEO of Fireblocks. “In order for this ecosystem to continue to grow, the community is tasked with solving a very critical problem: security. As we already provide a secure platform and a suite of development tools for businesses to build digital assets and crypto businesses, unlocking access to Web3 was an important next step. Now, with a fully tailored experience for connecting to Web3, we aim to accelerate the launch of a new wave of super apps. ” In order to interact with Web3 applications, users have to connect to these websites via a crypto wallet. Any mismanagement of private keys will create a security risk that could put billions of dollars of user or investor funds at risk. As the emerging sector becomes a more appealing target for hackers, Fireblocks is enabling the next generation of Web3 companies like Animoca, Stardust, MoonPay, Xternity Games, Griffin Gaming, Wirex, Celsius and Utopian Labs with the ability to provide the highest level of protection against human error and malicious attacks by hackers.... --- Fireblocks (fireblocks. com), the award-winning provider of digital asset and crypto technology, announced today that it has become the first platform to launch institutional DeFi access to Terra, the second-largest decentralized finance (DeFi) protocol by total value locked (TVL). Now, Fireblocks customers can securely access all of the decentralized applications (dApps) built on Terra, such as Anchor, Lido, and Astroport, using Fireblocks. “Adding access to Terra’s DeFi ecosystem is important for us as we can now benefit from an additional revenue stream while enjoying the security and ease of access that Fireblocks provides us,” said Alessandro Balata, Portfolio Manager at Fasanara Capital Ltd. The launch comes in response to record-breaking demand from Fireblocks’ Early Access Program customers, who deployed more than $250 million into the Terra DeFi ecosystem within the first 72 hours of the integration being live. “Institutional demand for DeFi is only continuing to grow,” said Michael Shaulov, CEO of Fireblocks. “As their appetite expands, so will their desire to be able to access all of the latest and greatest innovations across different blockchain ecosystems. For us, it is mission-critical to provide these businesses and financial institutions with a secure, scalable and easy way to access new markets and participate at a network level. Adding support for blockchains like Terra allows us to achieve this. We look forward to continuously providing companies around the world with the fastest and most secure way to plug into the world of decentralized finance. ” Initially developed to facilitate cross-border retail transactions,... --- FIS and Fireblocks are teaming to provide enterprise-grade digital asset investing and wallet technology, lending and decentralized finance (DeFi) to FIS capital market clients. Capital markets buy-side, sell-side and corporate firms can now efficiently gain access to the largest crypto trading venues, liquidity providers, lending desks and DeFi applications. Today, financial technology leader FIS® (NYSE: FIS) announced it has teamed with Fireblocks to accelerate crypto adoption within the capital markets industry by enabling firms of all types to access the largest crypto trading venues, liquidity providers, lending desks and decentralized finance (DeFi) applications. A recent study found that 69 percent of institutional investors in the U. S. would like to adopt digital assets as a part of their investment portfolio. Leveraging the Fireblocks platform, FIS capital markets clients can move, store and issue digital assets, and gain access to self-custody digital asset wallet technology, an asset transfer network and tools to access staking, DeFi and other more advanced forms of digital asset exposure. “As digital currencies become more mainstream, capital markets firms will greatly benefit from a single destination that helps them manage many classes of digital assets,” said Nasser Khodri, Head of Capital Markets at FIS. “This exciting new agreement is a proof point of our commitment to invest in growing our digital asset capabilities for our global client base. ” “The strategic partnership with FIS will bring the Fireblocks technology to nearly every type of buy-side, sell-side and corporate institution in traditional assets,” said Michael Shaulov, Chief Executive... --- At an $8 billion valuation, new resources will enable Fireblocks to help every business become a crypto business. Fireblocks (www. fireblocks. com), the direct custody platform that supports over 800 major institutions, and powers digital asset and crypto products for today’s largest custodians, fintech, crypto exchanges, lending desks, super apps and asset management firms, has raised $550 million in Series E funding. The funding round, co-led by D1 Capital Partners and Spark Capital with participation from General Atlantic, Index Ventures, Mammoth, CapitalG (Alphabet’s independent growth fund), Altimeter, Iconiq Strategic Partners, Canapi Ventures, and Parafi Capital represents a watershed moment for Fireblocks, bringing the company's valuation to over $8 billion. Adding to the support of existing investors such as Sequoia Capital, Coatue, Ribbit, Bank of New York Mellon, Paradigm, DRW Venture Capital, Tenaya Capital and SCB10x, Fireblocks has become the highest valued digital asset infrastructure provider to date. With $2 trillion in digital assets transferred, the Fireblocks’ platform now supports more than 20 blockchains and 1,000 cryptocurrencies, and is powering digital asset use cases across trading, gaming, NFTs, digital securities, and payments that will allow more businesses, web 2. 0 leaders and enterprises, including all financial institutions, to participate in the digital asset economy. The disruption of cryptocurrencies in the financial sector reached the point of no-return and over the next decade every business will become a web 3 business. According to a recent Gartner report, one-fifth of major organizations will utilize digital currencies by 2024, indicating that the adoption of... --- Today, the launch of the permissioned version of the popular DeFi liquidity protocol, Aave Arc, was announced. Aave Arc provides a separate deployment of the Aave V2 liquidity pool for institutions that allows “whitelisted” institutions to participate as suppliers of liquidity to earn yield, as well as borrowers of crypto assets. With approximately $255. 9 billion total value locked in DeFi, the market has largely remained untapped by institutions due to focus on risk management and KYC/AML requirements. According to blockchain research firm, Blockdata, enabling institutional access to DeFi could unlock a trillion dollar opportunity over the next half decade. Customers of Fireblocks who volunteer to become “whitelisted” by undergoing a rigorous customer identification process can now securely access DeFi via Aave Arc with all of the security of Fireblocks’ MPC-level controls, policies and workflows. “From hedge funds to banks, regulated DeFi tooling could unleash a wave of new products and services such as flash-loans and high-yield deposit accounts,” said Michael Shaulov, CEO of Fireblocks. “Together with Aave Arc, our technologies can supercharge financial innovation around the world and exponentially grow the size of the market overnight. ” The framework Fireblocks has chosen to employ references globally accepted KYC/CDD/EDD principles, in accordance with FATF guidelines and certain member country implementation, to identify and verify the identity and beneficial ownership of legal entity customers and monitor the Aave Arc pool and its participants on an ongoing basis. Fireblocks’ approach has been approved by Aave protocol governance and all future “whitelister” institutions,... --- Fireblocks, the enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets, announced today an integration with Taxbit to provide its institutional customers in the United States with streamlined access to industry-leading tax and accounting software. Now, Fireblocks customers can integrate Taxbit’s end-to-end suite of tax services directly into their digital asset workflow and gain real-time access to their tax position throughout the year, access tax forms at a click of a button and optimize trades to reduce tax liability. "TaxBit gives us a secure and powerful platform to provide complex tax and accounting solutions for our customers," said Michael Shaulov, CEO of Fireblocks. "With the TaxBit integration, we can help reduce the cumbersome process that will be faced by hundreds of institutions in the United States in the coming months. ” The need for reliable and scalable solutions that enhance security, reporting, and regulatory compliance has grown in demand as a record number of institutional investors pile into digital assets. According to data from Pitchbook, this year saw $17 billion worth of institutional capital flooding into the space, spanning family offices and hedge funds to traditional money managers. “Fireblocks provides best in class digital asset infrastructure and security for institutions. With this integration, Fireblocks will be able to offer an industry-first tax and accounting solution for institutions that don't exist anywhere else on the market,” said Austin Woodward, CEO TaxBit. The integration will enable TaxBit to work out-of-the-box for any Fireblocks customer so that they can... --- Fireblocks (www. fireblocks. com) announced today it will be dedicating significant resources toward expanding its presence and growth in the DACH market with the opening of a new office headquartered in Switzerland. Over the last six months, Fireblocks has doubled the size of its European team to support the increasing number of institutional customers in the region with close to 200 customers in the DACH market. To support Fireblocks’ customer-base in the region, the company has appointed Richard Astle and Ana Santillan as co-Heads of Switzerland. Richard brings extensive knowledge of the Swiss financial services industry from top tier banks where he participated in launching Swiss Crypto Vault, and was a founding member of the Bitcoin Suisse Institutional Services and Products Division. Ana’s background is in debt capital markets, having established Morgan Stanley’s Swiss fixed income institutional service team. She held senior positions in Goldman Sachs and Credit Suisse wealth management before transitioning to digital assets. With over a decade of financial experience, Richard and Ana have been advising hedge funds, banks, and corporate clients implementing trading and custody of digital assets. “It is important for us to work with Switzerland-based companies because of the value they bring to the financial market, having established themselves as one of the world's leading financial centers,” said Michael Shaulov, CEO of Fireblocks. “Now these financial institutions are seeking to rapidly deploy digital asset custody, trading, and tokenization products and are turning to vetted technologies to help them remain at the forefront of this... --- Fireblocks (www. fireblocks. com) announced today that it has added Jay Clayton, Former Chair of the U. S. Securities and Exchange Commission, as a member of its Advisory Board. Clayton brings over three decades of experience in international financial markets to the Fireblocks Advisory Board. His appointment will help Fireblocks and its customers navigate evolving market and regulatory dynamics affecting the development and deployment of solutions for the emerging digital asset infrastructure “Jay’s insights on financial stability and security in financial markets is unparalleled,” said Michael Shaulov, CEO and Co-Founder of Fireblocks. “Fireblocks will greatly benefit from having Jay on the advisory board given his expertise on many aspects of the financial sector. Jay will help to advance further the safety and security of the Fireblocks infrastructure for capital markets participants and investors. ” Jay Clayton joins Fireblocks’ Cryptography Advisor, Ran Cannetti, along with Cyberstarts founder Gili Raanan, Tenaya Capital’s Tom Banahan, Capitolis’ Gil Mendelzis, Paradigm’s Fred Ehrsam, and Stripes’ Ken Fox on the seven-member board. “Fireblocks has emerged as a leader in the evolving digital asset space,” said Jay Clayton, the newest Advisory Board member at Fireblocks. “The scope of the company’s vision to improve the digital asset infrastructure and security is extensive. I share Fireblocks view that digital asset custody requires the same level of service as traditional custody while also striving for better regulatory outcomes in security, certainty, and resiliency. I appreciate the company’s commitment to improving all aspects of the custody and transfer ecosystem and the... --- Fireblocks (www. fireblocks. com), the preeminent platform that empowers the entry of traditional institutions into the digital asset space, announced today it has raised $310 million in Series D funding. The round is co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X, the venture arm of Thailand’s oldest bank, Siam Commercial Bank, whose investment marks the third global bank to invest in Fireblocks alongside BNY Mellon and SVB Capital. This extension of capital marks a significant milestone for Fireblocks, boosting the company’s valuation to over $2 billion. The Fireblocks platform propagates the expansion of digital asset use cases beyond bitcoin into payments, gaming, NFTs, digital securities and ultimately allows any business to become a digital asset business. Fireblocks’ technology can be white labeled for crypto custody solutions, allowing new and established financial institutions to implement direct custody on their own without having to rely on third parties. “Fireblocks is the preferred choice by large and small institutions given that its platform allows them to offer their customers' custom custody solutions instead of outsourcing critical capabilities,” said Mukaya (Tai) Panich, Chief Venture and Investment Officer, SCB 10X. “We are an investor, partner and customer of Fireblocks in multiple areas as we believe the Fireblocks Asset Transfer Network and its crypto custody infrastructure are world-class and are unparalleled in the digital asset space. As Thailand’s largest bank, we are looking forward to bringing Fireblocks’ solutions to future users in Southeast Asia. ” As the pioneer of MPC technology... --- Fireblocks announced today that it has secured the storage and transfer of $637 billion in digital assets since launching in 2019. The 2023% uptick in transaction volume since last year stems from a surge in demand across large consumer-facing apps that are launching new services or moving to the Fireblocks infrastructure to significantly reduce operational costs and inefficiencies. With the creation of new Ethereum wallets increasing from 72. 7 million to almost 115. 3 million from May 2020 to May 2021, the cost of managing thousands of customer wallets and processing millions of transactions on a daily basis has skyrocketed. Utilizing Fireblocks’ blockchain agnostic MPC-based technology, these retail-facing businesses have been able to realize up to 90% in cost savings on ETH management fees. Comparable to multi-sig wallets, a previous standard used by institutions to manage cryptocurrencies, MPC-based technologies can offer new advantages when it comes to safety, scalability, and the ability to support more blockchain assets. “Retail platforms have seen the steepest increase in operational costs associated with the exponential creation of new wallet addresses and transaction fees on the ETH network,” said Michael Shaulov, CEO and Co-Founder of Fireblocks. “We expect our volume to double before the end of the year as digital asset businesses continue to migrate away from multi-sig wallet technology and begin introducing more offerings for the growing crypto retail market. ” Two months after integrating with Fireblocks, Revolut reported 300,000 new cryptocurrency customers, adding 100,000 of them in the first six days of this... --- Fireblocks (www. fireblocks. com), announced today it has raised $133 million in Series C funding led by Coatue, Ribbit, and Stripes with strategic investment from The Bank of New York Mellon ( “BNY Mellon”) and SVB. The completion of this round of financing, which includes participation from previous investors, including Paradigm, Galaxy Digital, Swisscom Ventures, Tenaya Capital and Cyberstarts Ventures, makes Fireblocks the most well-funded crypto infrastructure provider in the industry with a cumulative total of $179 million raised to date. With the new injection of funds from strategic investors, Fireblocks will continue to expand global resources to service the world’s biggest banks and fintechs and connect them to the entire crypto capital markets. With bitcoin topping $1 trillion in market value, banks and fintechs around the world are faced with overwhelming demand from customers and investors to enable digital asset products and services. Now, Fireblocks will offer banks and traditional financial institutions the ability to seamlessly plug into the broader decentralized finance ecosystem and all of its market participants. Using Fireblocks’ platform, banks and fintechs can rapidly deploy custody, tokenization, asset management, trading, lending and payment solutions across public and private blockchain networks. “Fintechs and banks require not only a specialized custody and settlement infrastructure to ensure customers funds are safely managed, but a platform that enables new lines of digital offerings,” said Michael Shaulov, CEO of Fireblocks. “While we have no plans to become a bank, we believe our infrastructure will lend itself perfectly to power an entirely... --- Fireblocks and First announced today a secure wallet and infrastructure for financial institutions to easily connect to the Diem network to facilitate transactions, enabling their clients to utilize Diem as a payment method within existing consumer experiences. As the Diem Association prepares to go live, it is expected that many financial service providers such as banks, exchanges, PSPs, eWallets, and others, are planning to support Diem within their existing offering. Any institution or fintech looking to add Diem support would have to build the appropriate technology to accommodate the new payment system and be qualified as Virtual Asset Service Providers (VASPs). “Diem, through its digital currencies, is set to empower a wider adoption of cryptocurrency and will require the highest levels of security for real-time payments and ensure the safety of funds and financial data of its users,” said Michael Shaulov, CEO of Fireblocks. “To accelerate the adoption of Diem payments, Fireblocks has partnered with First, to provide an easy to use platform for licensed providers to launch services supporting Diem. ” First, founded in 2017, has developed the first global digital payment platform as a service. It enables large merchants, PSPs, and Acquirers to accept and process Diem and other Stablecoin payments. The offering is a turnkey solution that covers all payment aspects, including transaction and treasury management and compliance. With First’s deep expertise in payments, liquidity, and blockchain, and Fireblocks’ MPC-based wallet and Fireblocks Network infrastructure, they eliminate the complexity around Diem Blockchain and VASP connectivity so that... --- Ibanera, a licensed global fintech company, today announced a partnership with Fireblocks, a leading enterprise-grade platform delivering a secure infrastructure for moving, storing and issuing digital assets. The Ibanera platform provides account issuance, cross-border transfers, and currency exchange services to both corporate and retail customers. Ibanera customers will now be able to leverage the Fireblocks Network to safely transfer crypto funds in real-time. Fireblocks’ technology uses multiparty computation (MPC) and patent-pending chip isolation technology (SGX) to protect users’ private keys, deposit addresses and API keys. The rising adoption of cryptocurrency has led to demand for trusted digital wallet infrastructures that offer efficiencies in payments and managing assets. Fireblocks provides secure rails for funds to be easily transitioned from cold storage or any other storage solution. The platform currently supports twelve blockchain protocols and over 300 tokens. "We are thrilled to have Ibanera join the Fireblocks Network,” said Michael Shaulov, CEO of Fireblocks. “Providing support for Ibanera gives us the opportunity to extend our secure MPC wallet services to an innovative, licensed provider that services a multitude of industries globally. ” “Fireblocks is a global leader in digital asset security. Our partnership provides another layer of protection for customers using various cryptocurrencies for cross-border payments and balance transfers,” said Bjorn Snorrason, General Manager of Ibanera. --- Amber Group (www. ambergroup. io) announced today that they are extending their partnership with Fidelity-backed cryptocurrency security provider Fireblocks. As a global crypto finance service provider, Amber handles tens of millions of asset transfers daily and have turned over more than $220 billion in volumes to date. Founded in 2017, Amber Group is trusted by over 200 institutional clients and remains one of Asia’s leading liquidity providers. Amber recently announced the expansion of their product suite with the launch of the Amber App, allowing the Company to service a broad base of institutional and individual crypto users. Key to scaling the firm’s operations has been to ensure the safety and security of cryptocurrency storage and transfers. As one of the first adopters of Fireblocks’ Multi-Party Computation (MPC) based technology in Asia, Amber has been utilizing Fireblocks’ infrastructure for enhancing their trading operations. With Fireblocks, there is no trade-off between asset security and speed. Amber can focus on high-speed execution and trading without compromising security. “MPC and threshold signatures have surpassed multi-sig technology and ultimately deliver on the flexibility and security required to become the next generation of private key security,'' explains Michael Shaulov, CEO, Fireblocks. “By deploying our MPC technology, Amber is able to give its operations team the ability to transfer large value settlements without the risk of compromised security. ” Fireblocks’ multi-layer approach to digital asset security combines MPC with hardware isolation to protect customers’ private keys, API keys, and deposit addresses from cyberattacks and internal fraud. With... --- Fireblocks (www. fireblocks. com) announced today it has raised $30 million in Series B funding, bringing its cumulative fundraising to $46 million. This round was led by Paradigm (https://www. paradigm. xyz) with participation from existing investors, Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group (DCG), and Cedar Hill Capital. Coinciding with the completion of this round of fundraising is the addition of Fred Ehrsam to Fireblocks' Board of Directors. Ehrsam is the co-founder and Managing Partner at Paradigm, and co-founder of Coinbase. "Fireblocks has become the go-to for any business looking to build new digital asset operations or scale existing ones," said Ehrsam. "The extraordinary growth of the Fireblocks Network and its team in the last year attests to the enormous value they have unlocked for enterprise and institutional customers. Beyond custody, Fireblocks has made a simple crypto backend for everything from hedge funds to fintech platforms to plug directly into crypto and be able to access every trading venue, liquidity provider, lending desk,counterparty, and crypto-native app in the ecosystem. " Since launching in June 2019, Fireblocks has facilitated the transfer of over $150 billion in digital assets for enterprise and institutional customers in Asia, Europe and North America. Using Fireblocks' MPC-based wallet infrastructure and Network for secure custody and settlement, companies such as Revolut, Celsius, BlockFi, PrimeTrust, Genesis, Nexo and more have securely expanded or launched new digital asset services. Today, the Fireblocks Network boasts 160+ active institutional participants, including some of the biggest liquidity providers, such as... --- Fireblocks (www. fireblocks. com) announced today that its institutional customers, which includes exchanges, lending desks, banks, OTC desks, liquidity providers and hedge funds, have now transferred more than $150 billion in digital assets using its platform. To meet the growing adoption of digital assets and real-time payments, Fireblocks will be expanding its operations in Europe beyond London, adding two new offices in France and Germany. The European Union has become the latest jurisdiction to take steps to accelerate the region's cryptocurrency adoption. In September, the EU's executive branch introduced proposed rules to provide legal guidance and clarity for corporates and investors to adopt cryptocurrencies. This year alone there has been a surge in new consumer-facing crypto products such as crypto credit/debit cards and systems for vendors to convert crypto into fiat, which points to growth in the market and new opportunities for entrants. "The EU region is seeing increased interest from institutions as new regulatory clarity provides a framework for how to compliantly operate in the digital asset space," said Michael Shaulov, CEO of Fireblocks. "We are excited to expand our footprint in the region to help our customers launch product offerings for digital asset support and provide the tools that will steward this next phase of growth, innovation and adoption. " Fireblocks has inaugurated its entry into Europe with fintech leaders, Revolut, B2C2 and AMDAX, the first digital asset exchange registered with the central bank of the Netherlands, alongside 20+ institutional customers utilizing Firebocks' next-generation wallet technology – built... --- Fireblocks (www. fireblocks. com), an award-winning platform for securing digital assets, announced today that Revolut, the UK's fastest growing private tech company and one of Europe's largest FinTechs, will be leveraging its unique MPC-based wallet and network infrastructure to support the introduction of new crypto services for its 13 million global retail customers. As Fireblocks 100th customer, Revolut will lead in driving the international adoption of financial technology services, as Fireblocks provides the infrastructure needed for securing the payment railways for digital asset transfers. Revolut's fintech products range from stock and cryptocurrency trading to daily budget management, and benefit a majority of users worldwide. As of today, Revolut's user base has grown over 13M users, making up more than 100M transactions per month. With this level of growth, matching security with cutting edge operations is critical for the brand. "It is crucial that our platform takes advantage of the best crypto management solution in the industry because of our market share and worldwide presence," said Ed Cooper, Head of Crypto at Revolut. "Moving to Fireblocks' wallet infrastructure gives us a competitive edge over other financial applications as it will enable us to rapidly add more advanced crypto features as the space continues to evolve at breakneck speed: we are now working closely with the Fireblocks team to explore all the new experiences that we can offer our customers in the near future. " For Revolut, streamlining liquidity settlements through the Fireblocks Network guarantees the best possible price for their users... --- Voyager Digital Ltd. ("Voyager" or the "Company") (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a publicly traded, licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, today announced the integration of the Fireblocks Network into the Voyager operational infrastructure, reducing post-trade operations from business days to seconds. The integration of Fireblocks streamlines Voyager's operations by bringing liquidity partners and custodians onto one platform. By streamlining digital asset operations, Voyager will have the ability to add more coins to its platform for trading, which in turn makes it easier for customers to earn and transfer digital assets. Fireblocks' integration and resulting efficiencies will ultimately add additional revenue streams for Voyager and help grow the 40+ digital assets on the platform. "We are honored to be a security partner for Voyager, one of the leaders in the digital asset trading space," said Michael Shaulov, CEO and Co-founder of Fireblocks. "By partnering together, we're able to provide a safer trading experience for Voyager's retail and institutional customers while increasing access to new tokens and assets at a rate that simply wasn't possible before. " Fireblocks provides financial institutions with an all-in-one platform to securely scale digital asset operations. The platform is composed of an MPC-based wallet infrastructure and a digital asset transfer network ­– connecting exchanges, counterparties, liquidity providers and FIAT on/off ramps. With a defense-in-depth security system that utilizes patent-pending MPC algorithms with hardware isolation, Fireblocks helps institutions eliminate the risks associated with digital asset transfers – such... --- Fireblocks (www. fireblocks. com), an institutional platform for securely moving blockchain-based digital assets announced today that it now moves more than $2. 5 Billion in crypto per month since launching out of stealth mode in June. In less than six months, Fireblocks has experienced a 400% increase in customer growth, and crypto transfer volumes are growing 150% month to month through the user interface and API. The largest financial institutions in the crypto market, including Celsius, Amber AI, Genesis Global Trading, Galaxy Digital, Woorton, Dunamis, GSR, Blockfills and more, utilize Fireblocks to store and transfer digital assets across their entire ecosystem. Traditionally, these firms focus on protecting keys via cold storage or hardware wallets, but when speed comes into the equation, they are forced to re-evaluate their existing infrastructure. "There are other good institutional wallet offerings on the market, but The Fireblocks' Secure Transfer Environment is what makes us so unique," explains Michael Shaulov, CEO and Co-Founder of Fireblocks. The Fireblocks Secure Transfer Environment gives financial institutions an ultra-secure account that connects to a high-speed payment network – this enables the swift and secure movement of blockchain-based digital assets between exchanges, counterparties, custodians, and customers. Moving digital assets is a risky, complicated, and operationally intense job. Deposit addresses can be spoofed, hacked, or a human error can occur when transferring crypto, and you will find yourself either burning the asset or sending it to a hacker. "We eliminated the main security issue of deposit addresses with our Secure Transfer Environment,... --- Fireblocks (www. fireblocks. com), an enterprise platform for securing digital assets in transit, announced today, Celsius Network, the largest provider of interest income and digital asset loans in over 150 jurisdictions worldwide is enlisting Fireblocks to help protect over $400 million assets and 53,000 active wallets, securing both retail and institutional divisions. "We spent months testing the Fireblocks platform to ensure it aligns with our stringent technology and security requirements. We concluded that the Fireblocks platform provides the type of advanced security we want for our members," states Nuke Goldstein, CTO of Celsius Network. "Given our diverse set of services, the engineering and operations team required a solution that could be customized to fit all of our use cases, and Fireblocks was able to deliver that for us. " Utilizing Fireblocks' console and robust APIs, Celsius now provides retail customers with enterprise-grade security for interest-earning accounts and allows institutional customers faster and safer access to funds. "With Fireblocks we can securely and efficiently manage a multitude of digital assets across a wide range of lending venues all from one platform," said Young Cho, CFO of Celsius Network. " Celsius Network is revolutionizing retail financial services. For over a hundred years, centralized banks have extracted value from retail customers while providing value only to shareholders and the wealthiest . 01%. Celsius Network disrupts the industry by providing a platform that allows users to earn up to 10%apr on their assets, while also having access to the lowest rate cash loans in... --- Fireblocks (www. fireblocks. com), an enterprise platform for securing digital assets in transit, announced today five new exchange integrations, adding support for OKCoin, OKEx, Korbit, Bithub, and HitBTC. This release also expands current integrations with Huobi Global's API and Deribit, extending its umbrella of protection to a total of 20 exchanges. The Fireblocks platform allows for the secure deposit, withdrawal, and rebalance of assets between exchanges by eliminating the risk of deposit address spoofing and credential theft. As each exchange account is uniquely configured, firms trading on multiple exchanges are required to manage a multitude of workflows. This creates operational challenges and weakens their ability to capitalize on market movements. With this release, market makers, prop traders and OTCs have a simple and secure unified workflow for securing assets in motion between 20 different exchanges. Cryptocurrency companies are under a constant barrage of attacks, with $1. 7 billion lost in 2018 alone. Recently, Philip Martin, CISO of Coinbase underscored the level of sophistication of a multi-pronged, and thoroughly planned hacking attempt by confirming, "As this space continues to grow and develop and gain traction, it's also going to gain traction with more and more sophisticated attackers. " Fireblocks' customers use the platform to secure the transfer of digital assets across exchanges, OTCs, counterparties, hot wallets, and custodians. Its unique patent-pending Secure Transfer Environment and Hot Vault system enable secure operational handling and easy mobilization of digital assets without exposure to internal or external threats. "The current state of the market... --- Fireblocks (www. fireblocks. com), an enterprise platform for securing digital assets in transit, announced today its launch out of stealth mode with $16 million in Series A funding from Cyberstarts, Tenaya Capital, Eight Roads (the proprietary investment arm of Fidelity International), Swisscom Ventures and MState. Fireblocks' customers, which count some of the largest institutional digital asset trading operators like Galaxy Digital, Genesis Global Trading and more, use the platform to safeguard the digital assets in its portfolio as it is moved across exchanges, OTCs, counterparties, hot wallets, and custodians. Currently, Fireblocks is integrated with 15 digital asset exchanges and offers support for over 180 cryptocurrencies, tokens, and stablecoins. More than $3B in digital assets were stolen by hackers over the last 18 months due to private key theft, spoofing, and compromised credentials. Recently, Binance, the largest cryptocurrency exchange in the world lost $40MM in bitcoin due to an insecure hot wallet and compromised API credentials. Founded by Michael Shaulov and Pavel Berengoltz, whose mobile security company Lacoon Mobile Security was acquired by Check Point, and Idan Ofrat, the VP R&D of C4 Securitywhich was acquired by Elbit Systems, Fireblocks aims to eliminate the root cause of digital asset hacks and scams. "While Blockchain based assets by themselves are cryptographically secure, moving digital assets is a nightmare. After interviewing over 100 institutional customers, including hedge funds, broker-dealers, exchanges, and banks, we concluded that the current process is slow and highly susceptible to cyber attacks and human errors," said Michael Shaulov, CEO... --- --- ## Platform --- ## Customer Stories 2 min. readHow Nonco Uses Fireblocks and AWS to Build a Scalable, Secure Digital Asset TradingRequest a DemoRequest a DemoBenefits at a glanceScalable operations powered by AWS infrastructureSecure, policy-based transaction workflows via FireblocksReduced counterparty risk through smart settlementSeamless integration across centralized and decentralized exchanges Challenge Since 2023, Nonco has been working with Fireblocks to automate and secure their crypto treasury operations, reduce counterparty risk, and scale efficiently through policy-based workflows. One piece of the puzzle that helped pull this all together was AWS Nitro. As a global trading firm serving ETFs, asset managers, and institutional clients, Nonco required infrastructure that was not only secure and programmable, but also easy to deploy, globally resilient, and able to support rapid iteration. Solution Fireblocks and AWS Nitro gave Nonco the control of a purpose-built digital asset platform with the performance of enterprise-grade cloud infrastructure. Fireblocks enabled programmable policy enforcement, secure vault structures, and smart settlement workflows. AWS Nitro co-signer delivered the deployment flexibility, uptime guarantees, and global reach needed to power 24/7 operations. By running Fireblocks with AWS Nitro, Nonco’s engineering team was able to deploy faster, operate with lower latency, and build crypto-native processes into a broader cloud architecture using AWS-native services. Fireblocks and AWS, combined, provided us with seamless integration, was easy to set up and ready to use. Fireblocks documentation and support made the process run smoothly and being able to sync multiple workspaces with a single Co-signer instance makes it even easier for us to manage. Caue TeixeiraCTONonco Results... --- 3 min. readInside Ramp's 24/7 Crypto Treasury with FireblocksRequest a demoRequest a demoBenefits at a glanceSecurityEnhance asset protection with enterprise-grade security, including multi-signature and encryption technology, ensuring digital assets are safe from threatsAutomationStreamline treasury operations and reduce manual interventions through Fireblocks Automation, saving time and minimizing human errorScalabilitySeamlessly manage thousands of transactions per month across wallets, exchanges, and banks About Ramp Network Ramp Network eliminates the barriers to entry for individuals looking to engage with digital assets. The founders recognized that the process of buying crypto was overly complex, intimidating, and inaccessible to non-crypto-native users, so to change this, they envisioned creating an experience that was as simple and intuitive as e-commerce, enabling anyone to purchase crypto without the need for technical expertise. Ramp Network's goal is to reduce these barriers, allowing more people to explore and benefit from the opportunities of Web3 and the decentralized economy. Ramp Network serves users in over 150 countries, supporting more than 40 fiat currencies. It aims to make crypto accessible globally through local payment methods like Pix in Brazil, SPEI in Mexico, SEPA Instant in Europe, and services across all 50 US states. The Challenge As Ramp Network scaled its operations, the team faced increasing complexity in managing the growing volume of transactions and treasury operations. Initially, these tasks were handled manually, but this approach led to inefficiencies and a greater risk of error. Ramp Network’s treasury operations team was managing thousands of operations per month, redistributing assets across wallets, exchanges, and banks.... --- 4 min. readHow QCP Scales its Digital Asset Solutions with Fireblocks Off Exchange Request a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceSeamless ScalingScaled globally with Fireblocks’ multiproduct suite—no need to build in-house infrastructureTrusted PartnershipGained a people-first technology partner aligned with QCP’s client-centric valuesTailored InnovationInfluenced product development, like Off Exchange, by collaborating directly with FireblocksCross-Border ConfidenceEnabled efficient operations across jurisdictions through unified, secure infrastructure About QCP My name is Melvin. I'm the CEO of QCP. QCP is a digital asset partner, and we've been partnering with clients by providing solutions that are customized to help them navigate this very, very, challenging and difficult space. We do it by helping them develop investment solutions and on- and off-ramps. We've been able to do this because we have a deep understanding of the network, the technology, and the counterparties. Blockchain is about trust, and trust can only be built through human relationships and certainty of roles and responsibilities. Why QCP chose Fireblocks I think as you navigate across the various geographies, you have to appreciate the cultures, the people, and how people like to interact and build relationships. I think that's exactly what we found in our partnership with Fireblocks over the years, that they are people first, and the technology is just an enabler. This is very, very similar to how we look at business and how we look at... --- 4 min. readHow Quidax Secures and Scales its Operations with FireblocksRequest a demoRequest a demoBenefits at a glanceEnabled Rapid DeploymentFireblocks’ API-first platform let Quidax launch in days and streamline backend opsDelivered Scalable ComplianceOur infrastructure supports Quidax in meeting complex, multi-country regulatory demandsPowered Product InnovationFireblocks lets Quidax launch new services fast and scale their ecosystem with sub-custody Quidax is an African focused cryptocurrency exchange serving a growing demand for stable, efficient, and borderless financial systems. As local currency volatility impacts traditional banking, digital assets are fast becoming essential tools for wealth preservation. As one of the first regulated crypto exchanges in Nigeria, Quidax offers a secure, user-friendly platform tailored to blockchain developers, crypto payment companies, and everyday traders. With features like competitive NGN/USDT rates and seamless fiat on/off ramps, Quidax is making it easier for Africans to access and move value globally. With regulatory approval from Nigeria’s SEC and expansion into Ghana and Kenya on the horizon, Quidax is now navigating an increasingly complex regulatory environment—demanding infrastructure that is not just secure and scalable, but compliance-ready. Laying the Foundation with an Infrastructure Overhaul Quidax first partnered with Fireblocks in 2021 as they were looking to move beyond the limitations of their in-house blockchain infrastructure. At the time, the focus was on scalability and security—specifically, eliminating the operational drag caused by managing their own nodes and wallets, and securing customer assets against growing threats. Fireblocks offered a reliable foundation: MPC-based wallet architecture, seamless API integrations, and enterprise-grade controls that enabled Quidax to... --- 4 min. readHow EarnPark Scaled Securely Across the Globe With Fireblocks InfrastructureBenefits at a glanceReduced Infrastructure BurdenRemoved the need for manual node management and infrastructure upkeep by using Fireblocks’ SLA-backed operationsDeployed in WeeksSecure wallet and tracking system live within weeks of signing with FireblocksReduced Development TimeOffloaded blockchain infrastructure tasks, allowing core teams to focus on product innovationGlobal SecurityScaled securely globally with trusted infrastructure supporting compliance and multi-chain operations About EarnPark EarnPark is a UK-based digital asset management platform designed to help retail investors and institutions grow their crypto portfolios across both DeFi and CeFi platforms through simplified, secure, and high-yield investment strategies. Their clients are primarily interested in investing in digital assets and growing their capital, but lack the technical expertise or resources to implement complex strategies. EarnPark simplifies and automates this process, removing barriers to entry. They also serve investment funds looking to diversify their portfolios and increase their share of digital assets through trust management, as well as asset managers who want to place their own strategies on and attract additional liquidity through the EarnPark platform. The Challenge Before integrating with Fireblocks, EarnPark faced the challenge of scaling their digital asset platform securely and efficiently. They were utilizing internal infrastructure to manage blockchain operations, which resulted in: High labor costs for infrastructure support and blockchain version updates  Misallocated development resources for backend support rather than revenue generating initiatives Layered on top of these technical hurdles were the pressures of a rapidly changing regulatory landscape. EarnPark hasto ensure compliance... --- 5 min. readHow ALT 5 Sigma Scaled Secure Crypto Payments with Fireblocks jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceEffortless ScalingBenefit ContentEnabled consistent year-over-year volume growth with Fireblocks’ high-performance infrastructureInstitutional-Grade TrustGained credibility with investors and partners by leveraging Fireblocks’ industry reputation and securityNo Wallet HeadachesEliminated the need to manage wallet infrastructure internally, saving time and reducing riskResponsive SupportReceived hands-on technical assistance tailored to high-throughput, B2B crypto payment use cases About ALT 5 Sigma My name is Vay Tam. I'm the President and CRO at ALT 5 Sigma. In a nutshell, we're a payment processor that is pure-play crypto. So we process different tokens. The top 15 tokens are what we support. We convert it into fiat and vice versa. It's very simple. Think of us as a pipe that transacts for our merchants. I think the other important fact is that we only service B2B customers. So we have 500 merchants on our system. We don't do retail. We don't do consumer. So it's a very focused operation. The other probably really important thing is that we are a public company, one of the few public companies. We are listed on Nasdaq. Our ticker is ALTS. The first year we processed $39M out of the gate. So that was 2020. Still early days in crypto payments, so we knew that there was a pull market happening there. The big difference is that... --- 3 min. readHow Fireblocks Supports Arf in Redefining B2B PaymentsRequest a DemoRequest a DemoBenefits at a glanceReliable and Deep LiquidityBoosted client liquidity, eg, Conduit’s usage went up by 100%+ in just one monthMulti-Chain FlexibilityEnabled seamless treasury operations across multiple blockchainsInstitutional-Grade SecuritySecured assets with advanced MPC and HSM technologiesFrictionless SettlementsDelivered same-day B2B payments and streamlined cross-border flows with Fireblocks Payment Engine Benefits at a Glance: In the fast-paced world of B2B payments and trade finance, real-time liquidity isn’t a luxury—it’s a necessity. Businesses are increasingly demanding same-day settlements to stay competitive, yet legacy financial infrastructure continues to slow things down. Arf is on a mission to change that. By bridging fiat and stablecoins, Arf delivers scalable same-day liquidity to B2B service providers. But powering this kind of transformation at scale requires a secure, flexible infrastructure—enter Fireblocks.   The Challenge Arf’s liquidity model enables service providers to offer seamless USDC and USD conversions to institutional clients. These clients need real-time access to capital to buy, sell, and move funds across borders efficiently. However, delivering on that promise comes with operational and security challenges—including managing treasury operations across multiple blockchains, scaling liquidity without increasing manual risk, and maintaining security and compliance while growing fast.   Given all these considerations, Arf needed a digital asset infrastructure that offered: Multi-chain support to adapt quickly to market demand and unlock cross-platform liquidity Enterprise-grade security utilizing HSM and MPC technologies to protect assets and improve governance processes Operational efficiency to streamline complex treasury workflows The Solution Fireblocks... --- 4 min. readHow Zerocap Scaled Global Digital Asset Trading with Fireblocks jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceSecure and Scalable CustodySecure and efficient wallet infrastructure gives Zerocap greater control over custody and whitelisting processesAutomated WorkflowsAutomate previously manual workflows, especially on the wallet and settlement side of tradesSeamless ConnectivityEasily connect with liquidity providers, market makers, and exchanges, centralizing operations and reducing reliance on multiple platformsFuture-Proof PlatformFireblocks’ TAP engine allows embed custom governance and security policies directly into their workflows Zerocap Overview My name is Ryan McCall. I'm one of the founders and CEO of Zerocap. We are a global market maker and liquidity provider regulated in Australia, providing liquidity on spot derivatives and structured products. We're non-retail and we predominantly service institutional and wholesale or professional investors, family offices, high net worths, that sort of thing. The kind of institutional clients that we typically trade with are exchanges, OTC desks, FX brokers, CFD brokers, hedge funds, prop firms, that sort of thing.   Most of our business is in Asia, but we are global and have clients in Europe, Middle East, and some in the Americas as well. You gotta focus on what is your edge. You know, what are you gonna compete on? And trading is what we're good at. That's really that's what's in our DNA. But there's always a conversation around buy versus build, right, across all different parts... --- 3 min. readHow RedotPay Transforms Financial Inclusion and Crypto Payment Solutions with FireblocksBenefits at a glanceEnhanced Secure Custody SolutionsSeamless wallet custody management for crypto users globallyComprehensive Service ExpansionStrategic focus on broadening financial service offerings like crypto-to-fiat exchange and lendingInnovative Payment SolutionsFast, cost-efficient crypto transactions empowering unbanked users RedotPay, a trailblazing fintech entity revolutionizing crypto payment solutions, has been leveraging Fireblocks’ infrastructure since 2024. As we sat down with the RedotPay team, they shared insights into their innovative business model facilitated by Fireblocks: Can you give an overview of RedotPay and its global operations? RedotPay is a leading fintech company committed to creating a bridge between traditional financial systems and Web3 technology. We are on a mission to deliver fast, secure, and cost-efficient blockchain payment solutions that drive financial inclusion globally.   By providing secure centralized wallet custody services, we ensure that millions worldwide can seamlessly manage and spend their digital assets. Besides crypto natives, demand from those lacking access to traditional banking infrastructure has also proved to be significant.   The support from the unbanked has been especially motivating because at the heart of RedotPay, we envision a future of accessible financial services for everyone.   By leveraging blockchain and cryptocurrency, we are not just facilitating transactions; we are paving the way to financial liberty for individuals worldwide. Jonathan ChanCo-Founder, Head of PartnershipsRedotPay What unique advantages do you bring to the crypto markets? Our tech agnostic platform empowers users by enabling everyday transactions with ease—crypto tokens such as stablecoins can... --- 3 min. readHow Triple-A Scales Crypto Payments Securely with FireblocksBenefits at a glanceSeamless & Secure Crypto Payment OperationsEnterprise-grade security and compliance ensure safe transactionsScalable Infrastructure for Global GrowthEasily integrates and scales to support global crypto paymentsEnhanced Operational Efficiency & Cost SavingsAutomation reduces costs, boosts speed, and cuts manual workImproved User Experience for Merchants & BusinessesFaster, more reliable payments for 20,000+ global businesses About Triple-A Triple-A is a global payments institution licensed in the United States, Europe, and Singapore, enabling businesses to pay and get paid seamlessly in both fiat and digital currencies. By integrating stablecoin and cryptocurrency payments, Triple-A helps merchants optimize costs, expand their market reach, and eliminate risks associated with volatility, custody, and compliance. With over 20,000 businesses relying on its solutions, Triple-A is bridging the gap between traditional finance and digital assets to create a more efficient and inclusive global payments ecosystem. The Challenge: Scaling Secure and Efficient Crypto Payments As a payment service provider, Triple-A faced significant operational challenges in managing blockchain infrastructure at scale. These included handling numerous crypto addresses across multiple blockchain networks, ensuring reliable transaction confirmations, and managing gas fees efficiently. Without robust infrastructure, transaction delays and high operational complexity hindered Triple-A’s ability to deliver a seamless payments experience. Additionally, as Triple-A expanded its services, regulatory compliance and security became top priorities. With increasing institutional and enterprise adoption of digital assets, Triple-A needed a secure, scalable, and fully compliant digital asset infrastructure to support its growing business. The Solution: Integrating Fireblocks for Security,... --- 4 min. readHow Solana Powers Scalable Payments with FireblocksRequest a DemoRequest a Demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceSecurity & ComplianceEnterprise-grade MPC wallet infrastructure, secure transaction authorization, and advanced key managementComprehensive InfrastructureEnable seamless custody, transfer, and settlement of stablecoinsSeamless OnboardingFireblocks provides APIs and tools that simplify the onboarding process for financial institutions About Solana Foundation My name is Sheraz Shere. I'm the General Manager of the Payments and Commerce vertical at the Solana Foundation. Solana, as a blockchain, was built to address some of the challenges with earlier iterations of blockchains that were great, but slow and didn't scale. One of the unique things about the Solana blockchain is that it was built for speed, throughput, and scalability, which is the infrastructure you need for the future of finance. So that is a big area of focus for the Solana ecosystem and where we're seeing a lot of traction.   My focus is on the payments vertical. It’s a really exciting time with the growth of stablecoins and broader institutional adoption of stablecoins for payments. And everything from small developers and startups to the biggest payments companies in the world that are leveraging Solana’s speed and scalability. So, that's been super exciting to see. Anytime you're taking assets or money from one market to another, you have a complex set of hops that involve correspondent banks and delays and time... --- 4 min. readHow WisdomTree Scales Digital Asset Security and Tokenization with FireblocksRequest a DemoRequest a Demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceEliminated security risks and improved transaction management with MPC technologyImplemented transaction policies to improve regulatory stature About WisdomTree I’m Jason Guthrie. I'm Head of Product for WisdomTree's Digital Asset division and look after all of the tokenization effort and platform build out, as well as the two primary distribution channels, WisdomTree Prime, which is our direct to consumer offering, and WisdomTree Connect, our institutional platform.   I think the biggest difference between the two is just their mode of operating, you always wanna try to meet your clients where they are and how they want operate is very different. For retail, a mobile first experience is really what they're after – something simple, easy to use, intuitive. Institutions are coming from much more of a custodial asset management kind of perspective. You need to build a workflow that meets when they are. I think, funnily enough, even though their user experience desires are very different, the net of what they want is very, very similar. People that have value capital on chain, they want to stay on chain. And so that goal, we found, is pretty universal. How you deliver that outcome is really a user experience difference between the two. But the net goal is actually the same,... --- 3 min. readGemini & Fireblocks Off Exchange: Enhancing Security & Scaling Institutional TradingRequest a DemoRequest a Demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceSecurity & Risk MitigationFireblocks Off Exchange keeps assets secure in collateral vault account, reducing counterparty and bankruptcy risk. Seamless IntegrationWith an easy setup process, Gemini integrated Fireblocks Off Exchange easily ensuring smooth operations. Scalability & GrowthFireblocks enables Gemini to deploy more capital for trading on Deribit supporting expansion without added risk. About Olivier Hi, I’m Olivier Mammet. I've been at Gemini for about 4 years. I manage the OTC Trading Operations for the US based out of the East Coast. We're a sell side desk dealing in spot trading, options trading, basically everything for institutional customers. On using Fireblocks Off Exchange  We've been a user of the product for about six months, so basically as soon as you guys, rolled it out, which was good for us. We have a sizable operation on the option side with Deribit. We were getting to the point where how much money we could deploy on the exchange, in terms of counterparty risk, was getting to a point where we might have some risk involved. So we looked at a few different providers, some of your competitors offering something similar. For us, what we liked about Fireblocks, we felt that we already used it, so that was a big plus for us.... --- 4 min. readHow Conduit Powers Cross-Border Payments with FireblocksRequest a DemoRequest a Demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceSecurity & ReliabilityFireblocks’ MPC solution ensures secure key management, preventing a single point of failure. Faster Time to MarketUsing Fireblocks’ custody infrastructure allowed Conduit to avoid building an in-house solution, saving years of development time. Seamless API IntegrationFireblocks offers an API-first approach, making integration smooth and efficient. Ecosystem & Network Effect Many of Conduit’s existing partners and customers were already using Fireblocks, facilitating seamless transactions. About Conduit Conduit has been operating since early 2021, establishing itself over the past three and a half years as a key player in the B2B cross-border payments space. The company enables businesses in emerging markets—primarily in Latin America and Africa, with plans to expand into Asia—to transact seamlessly across borders. Conduit supports both fiat and stablecoin payments, providing flexible and efficient financial solutions. With significant growth in recent months and years, the company is poised for even greater expansion in the near future. Stablecoins: A Growing Financial Tool In the evolving landscape of global finance, a surprising trend is emerging: traditional businesses in emerging markets are increasingly turning to stablecoins—not for trading or speculation, but as a practical tool for financial stability. Conduit has observed a rising number of import/export businesses and e-commerce companies in regions like Latin America (Mexico, Colombia, Brazil) and Africa (Nigeria, Kenya,... --- 5 min. readHow Fireblocks Helped Zeebu Revolutionize Telecom Payments Request a DemoRequest a DemoBenefits at a glanceSecuritySecurity for both hot and cold storage, ensuring protection of digital assets at every stageComplianceCompliance with all regulatory standards, allowing more business growth for large-scale and international transactionsVolumeAble to manage large-scale payments in real time In the world of telecommunications, where cross-border payments are essential yet notoriously cumbersome, Zeebu is implementing changes. The $120 billion international roaming market — which facilitates call, SMS, and data services between carriers — faces slow, costly, and inefficient settlement processes. Committed to transforming how telecom carriers settle payments, Zeebu’s Web3 payment and settlement platform ensures efficiency, security, and scalability, already processing $5. 7 billion. By leveraging blockchain technology, Zeebu addresses the complexities of B2B settlements, empowering telecom businesses with a streamlined, cost-effective, and transparent approach to handling cross-border payments. Headquartered in the UAE, with a strong presence in the U. S. and Asia, the company employs over 200 staff members. The need for a digital asset infrastructure As Zeebu expanded its platform, it faced a significant challenge: how to secure and scale its ecosystem, especially with the introduction of the $ZBU token. With an increasing number of cross-border payments, a growing customer base, and the need for secure custody of digital assets, Zeebu realized the importance of finding a robust digital asset infrastructure partner. The platform needed a solution that would support: Multi-chain support for Ethereum, BASE, and BSC, which are crucial for cross-border settlements MPC-based wallet security... --- 3 min. readHow Resolv Uses Fireblocks Off Exchange to Minimize Stakeholder RiskRequest a DemoRequest a DemoBenefits at a glanceConnectivityProvide connectivity to leading exchanges without compromising on counterparty risk or transparency Resolv is the protocol behind USR, a stablecoin backed by ETH and derivatives, and the Resolv Liquidity Pool (RLP), a second-tranche token that serves as an insurance layer for USR. Its delta-neutral architecture balances staked Ether and futures positions to hedge price exposure while maintaining capital efficiency. Resolv utilizes Fireblocks Off Exchange to connect USR with leading centralized exchanges (such as Deribit) without compromising on counterparty risk or transparency. About Resolv Since early 2023, Resolv has been focusing on creating a transparent and stable instrument, backed by digital assets and designed to deliver crypto-native money market yields to its users. USR was built with the central idea of creating a stablecoin that benefits from digital asset backing, enabling more transparency and lower latency of operations as compared to tokens backed by U. S. Treasury securities, or other forms of “real-world” financial instruments. Users of Resolv can mint and redeem USR in exchange for other digital assets, and stake USR to receive yield generated by the collateral pool. USR is overcollateralized. Holders of USR are protected from risk events by Resolv Liquidity Pool (RLP), a token representing an excess portion of the collateral pool backing USR. The Challenge: Transparency and Low Counterparty risk in a Centralized Liquidity Context Resolv employs a delta-neutral strategy for its collateral pool. Typically, such strategies are... --- 3 min. readHow Orbital Uses Fireblocks Automation to Increase Efficiency and SecurityRequest a demoRequest a demoBenefits at a glance100’s of hours monthly savedIncreased transaction execution speedMinimized human error Orbital utilizes stablecoins to improve and streamline cross-border payments for businesses. Fireblocks provides the digital asset custody infrastructure for the company; Fireblocks Automation has been pivotal for Orbital, empowering the company to eliminate hundreds of hours monthly, execute transactions more quickly, and improve transaction security.   Read on to learn more about how Orbital uses Fireblocks to streamline operations.   About Orbital Orbital is a London-Tallinn-Gibraltar based global payments solutions provider delivering traditional and crypto payments powered by stablecoins. Established in 2017, Orbital holds licenses in three jurisdictions enabling it to provide an all-in-one global payments platform offering pay-ins, payouts, conversion, global accounts in both traditional and crypto currencies, and a crypto payment gateway for businesses.   Orbital allows businesses to operate globally without the hassle of time-consuming and expensive cross-border payments. With a strong focus on regulation, compliance, and top-tier security measures, Orbital is a trusted provider of innovative cross-border payments and crypto payment gateways. Backed by a team of experienced fintech professionals, the company enables modern payment rails for businesses worldwide. As the use of stablecoins continue to grow with greater value transfer and new use cases, Orbital looks to be the dominant payment platform specializing in enabling businesses to transact using these modern rails.   Working with Fireblocks to solve cross-border payment pain points Shortly after Orbital was founded,... --- 4 min. readHow Yolo Group used Fireblocks Automation to save nearly 100 hours per month of human capitalRequest a demoRequest a demoBenefits at a glanceApproximately 50% of previously manual flows are automatedUp to 50-100 hours monthly saved (estimated) across their Finance and Management teamsHuman error has been virtually eliminated for flows triggered Yolo Group: revolutionizing treasury operations with Fireblocks In the fast-paced world of digital assets and online gaming, managing treasury operations efficiently and securely is paramount. For Yolo Group, a company at the forefront of entertainment, gambling, and fintech innovation, finding the right solution to handle their complex financial ecosystem was crucial. Enter Fireblocks, the digital asset infrastructure platform that has transformed Yolo Group's treasury management. The Yolo Group Journey Founded in 2017 as CoinGaming, Yolo Group has rapidly evolved into a multifaceted organization with a presence across Europe, the Middle East, and Africa. With its headquarters in Estonia and offices spanning Poland, Spain, and Argentina, Yolo Group has established itself as a leader in the online gaming and entertainment industry. The company's Head of Treasury, Magnus Nugis, shared insights into their journey: "We started out as CoinGaming with the main business driver being an online crypto casino site. Our aim from a fund movement perspective was to provide our entire user base with pay-ins and pay-outs in under a minute. " As Yolo Group expanded its offerings to include B2B services, investments, and fintech products, the complexity and volume of their financial operations grew exponentially. The company needed... --- 5 min. readBloFin Harnesses Fireblocks to Provide Industry-Leading Security for Cold WalletsRequest a demoRequest a demoBenefits at a glanceIndustry-leading security for cold walletsStreamlined cold wallet management processesAllows for flexibility to quickly adapt to new trends and user needs What is BloFin and where does it operate? BloFin is a crypto exchange offering 350 cryptocurrency perpetual contract trading pairs and over 250 spot trading pairs. Founded in 2020 and deriving its name from the first three letters of “blockchain” and “finance,” BloFin started as a venue for comprehensive crypto financial services and eventually launched the exchange in January of 2023. BloFin provides a beginner-friendly and compliant fiat on-ramp, detailed introductory trading guidance, and an easy-to-use trading interface, making it convenient for newcomers looking to get familiar with and try out crypto trading. For more experienced traders & investors, we provide good liquidity, a wide range of trading pairs & products, diverse trading features, and professional trading tools. What challenges did you face as you started building the business? The difficulty and complexity of operating an exchange business far exceeded that of an average startup. In addition to the common challenges that startups face in terms of funding, talent, technology, and growth, we encountered significant security challenges in our operations. Several exchanges suffered massive financial losses in 2022 due to hacking from their self-developed cold wallet systems. What were you looking for in a custody technology provider? At BloFin, we sought a custody technology provider that could deliver industry-leading security, seamless integration,... --- 5 min. readHow Reap scaled their digital assets business and transformed cross-border payments with FireblocksRequest a demoRequest a demoBenefits at a glanceFlexible DeploymentIntegrated company’s platform into Fireblocks, to extensively automate the movement of funds. Security and GovernanceLeveraging governance and workflow policies to ensure the tightest of security controls are implemented. Unified PlatformManage all operations from a single platform that meets organizational requirements. The Background Reap is a global payment technology provider that merges traditional finance with digital assets, transforming the financial landscape into a more interconnected and interoperable space for efficient money movement. They work with businesses that span payment intermediaries to crypto exchanges and beyond. Their business builds on huge market opportunities and desire from both TradFi incumbents and crypto-natives to build solutions that blend traditional and emerging financial spaces. Reap particularly sees notable demand in emerging markets where businesses can be underserved, and face a lack of efficient connectivity for global trade; they’ve identified that the Latin American market in particular has a lot of existing cross border stablecoin flows. Reap has found that stablecoins make cross-border payments more efficient, and cut down on the lack of efficiency of traditional rails. They also make cross-border payments more cost-effective and trackable. The Challenge In 2018, Reap started in the traditional payment space. In the last 2. 5 years they moved into serving Web3 customers. In the beginning, Reap lacked the tools to accept digital currencies so when they first started onboarding Web3 customers, they struggled to accept, manage and... --- 6 min. readHow ABN AMRO Pioneered Tokenization in Corporate Banking with FireblocksRequest a demoRequest a demoBenefits at a glanceDigital Asset Custody and Tokenization for Digital BondABN AMRO was the first Dutch Bank to issue digital bonds that help raise capital for corporate clients Eva Maria Molendijk My name is Eva Maria Molendijk. I am responsible for product strategy, product management, and regulation within global markets at ABN AMRO. ABN AMRO is a Dutch bank which is active in Northwest Europe that services retail, wealth, and corporate banking clients. ABN AMRO’s strategy is to be a personal bank in a digital age, and we're focused on contributing to clients and society by providing relevant financial products. We also invest in digital and sustainable solutions through strong client relationships. The first digital bond transaction we did was actually part of the European Investment Bank bonds issuance. We bought on the secondary markets, held onto it for some time, and then sold it through the blockchain. So, that was our first exposure. In addition to that, we wanted to also make sure that we developed some pilots with clients – that is our strategy, to do this together with clients. So far, we've done two deals with clients: one with APOC, a circular company focusing on refurbishing airplane parts, and, last year, with Vesdata, who was looking for green financing for a new project. We chose to start with a digital bond, basically driven by market developments. We saw the first developments in... --- 3 min. readHow Bakkt enhanced their custody offering using FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceFlexible deployment modelsCustomizable transaction policies Bakkt is an NYDFS-licensed qualified custodian utilizing Fireblocks to power their core custody offering to institutional clients. Bakkt takes advantage of Fireblocks’ multi-layer security approach, specifically making use of Fireblocks on-prem and utilizing the Policy Engine to streamline transaction authorization policy approvals. When we went to market, we were really looking at providers that had a strong reputation, both within the crypto space and from an information security standpoint – and especially providers that we could grow with. Whenever we talk to any of our vendors, or anyone that we're partnering with, we want to make sure that the relationship isn't just one of customer and vendor – it's one of partners that can go into the future together. When it came down to it, Fireblocks met all that criteria. Hi, I am Sam Auch, Group Product Manager, overseeing institutional services for Bakkt. Bakkt is an infrastructure company that provides trading APIs to large institutions, fiat on-rails, lightning services, and, very importantly for this conversation, custody and qualified custody. One of the biggest issues that we've faced historically is legacy systems – where we built products in 2018, which were incredibly secure but not very scalable. So, as we moved into 2023, we were looking for... --- 2 min. readHow Banking Circle Launched their MiCA Regulated EURI Stablecoin with FireblocksRequest a demoRequest a demoBenefits at a glanceFlexibilityBanking Circle will be using smart contracts to issue the EURI stablecoin. Management & OperationsThe smart contracts will be imported into the Fireblocks Tokenization Engine so that Banking Circle can manage the end-to-end tokenization and contract functions through Fireblocks. AutomationBanking Circle can perform conditional actions, including automatically minting and burning tokens when fiat lands in their bank account. Easy DeploymentBanking Circle leveraged the Fireblocks console for critical tasks such as deployment and APIs to scale tasks. The Bank Banking Circle, a next-generation European payments bank, has always been an innovator in the payments landscape. Their mission is to continuously improve the payments ecosystem. With increasing demand for blockchain solutions, Banking Circle aimed to bridge the worlds of traditional finance and Web3. As the market called for regulation and support from regulated players, they wanted to launch the first MiCA-regulated stablecoin issued and backed by a bank. The Euro-pegged stablecoin known as Eurite (EURI) was developed to ensure: Safety and security. A stablecoin that is subject to transaction monitoring, risk assessment policies, as well as workflow authorisation risk mitigants. Trust. EURI needed to be built around smart contracts that Banking Circle created to meet MiCA requirements. Efficiency. Fast and efficient on- and off-ramping as a top priority. Scalability. Banking Circle wanted EURI to be available on multiple trading platforms. The Technology Banking Circle engaged Fireblocks to handle the end-to-end minting and burning... --- 5 min. readHow Firi Accelerates Token Support and Maintains Regulatory Compliance with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceExpanded token support from 6 to 19, with plans to double that numberWith 60+ protocols already integrated into the Fireblocks platform, Firi was able to select and add protocol support with a click of a button, instead of building, testing, and launching nodes. MiCA preparedness and regulatory compliance made simple through transparent auditing & built in controlFiri uses the Fireblocks Policy Engine to manage audit access and segregation of funds, making compliance less of a burden. My name is Thuc Hoang. I'm the founder and CEO of Firi. Firi is the largest Nordic crypto exchange. Our goal is to give access to this incredible infrastructure that's known as blockchain to the whole region by using local infrastructure. We're now active in Norway and Denmark. But, later this year, we'll be active in Sweden as well. When we started out building this company, it was really difficult to buy cryptocurrencies in general. It was really hard knowing who you could trust. We found that we needed to build something that would feel just as safe as the banks. So this is what we did. We started building out our own infrastructure – so we had our own nodes, our own wallet infrastructure. In the beginning, it was only Bitcoin,... --- 5 min. readHow BiLira reduces crypto transaction costs for exchange users with FireblocksRequest a demoRequest a demoBenefits at a glanceVault accounts for both the BiLira Krypto Exchange and TRYBSecure storage of digital assets, protecting against theft, unauthorized accessPolicy Engine ensures regulatory complianceBy screening transactions for potential risksThe Fireblocks Network streamlines OTC operations and assets transfersWhitelisted Addresses streamline makes settlement more efficient and reduces the risk of incorrect or fraudulent addresses, facilitating secure and seamless asset transfersTRYB, the first Turkish Lira Stablecoin, minted and burned via Fireblocks Enabling efficient and secure issuance of TRYB tokens as well as allowing clients to redeem TRYB tokens What products and services do you offer? BiLira began its journey in 2019 by offering a Turkish Lira stablecoin, TRYB, in Türkiye. Currently, we are developing a crypto exchange, BiLira Kripto, that aims to provide the best execution prices and access to popular – as well as trending – crypto assets in Türkiye. We have an on/off ramp solution named BiLira Direct that will integrate with popular exchanges and wallets, such as Metamask. This will allow protocols to seamlessly on/off ramp with Turkish Lira without needing to be incorporated in Türkiye. What regions do you serve and what types of customers do you serve? Our primary focus is on the Turkish market. We have customers from around the world, but our services are mainly tailored for Türkiye. Our suite of products caters to a diverse range of customers. TRYB, our stablecoin, is predominantly used by institutions, high-net-worth... --- 6 min. readHow Luno boosted trading volume and delivered new staking services with FireblocksRequest a demoRequest a demoBenefits at a glanceSecure wallet infrastructure across 14M+ Users across 40+ MarketsLuno uses Fireblocks wallet infrastructure for the storage of digital assets on behalf of their retail and institutional customers. Diversified token and staking offerings Luna securely scaled their coin/token offering 200% since 2022. Fireblocks was instrumental in Luno’s ADA and ETH staking product and will be to future plans to expand the staking offering to include other cryptocurrencies. Cheaper, Faster, Compliant Cross-Border Treasury ManagementLuno aims to enable multi-national companies to better manage internal cross-border transfers using stablecoins with secure and efficient settlement via the Fireblocks Network. Unparalleled, reliable uptime for rapid customer growthThe exchange supports millions of dollars in daily trading volume and endeavors to be the most reliable exchange available in the market. Luno, a leading crypto investment app and exchange, has been working with Fireblocks since 2022, and recently announced its Fireblocks Network Link integration. In the run up to the announcement, the Luno team answered a few questions about how Luno built their business: What is Luno and where does it operate? Luno is a crypto investment app operating primarily in emerging markets such as South Africa, Nigeria, and Malaysia. We aim to enable everyone, everywhere to buy, store, and grow their crypto safely and responsibly – whether that’s using our Instant Buy feature or exchange. Since we were founded in 2013, we’ve helped more than 14 million people... --- 4 min. readHow Bancolombia Group Brought Digital Assets to Retail Customers with FireblocksRequest a demoRequest a demoBenefits at a glanceSecure and Efficient Treasury ManagementUsed Fireblocks to ensure high security and regulatory compliance for Bancolombia's digital asset operations In May this year, Bancolombia Group, one of the largest financial groups in Colombia and Central America, announced the launch of Wenia, a full-service digital asset offering to its retail customer base which is powered by Fireblocks. Through Wenia, Bancolombia Group is one of the first major financial institutions to launch a digital asset service to retail customers. With a goal of onboarding 60,000 users by the end of 2024, Wenia will start by offering digital asset trading & custody for $BTC, $ETH, $MATIC and $USDC on Polygon, as well as issuing a Colombian peso-backed stablecoin on Polygon called $COPW. $COPW is still in its early stages but currently, Wenia customers have ability to seamlessly on- and off-ramp from fiat into crypto assets within the Bancolombia Group ecosystem. We have been working for almost a decade on the opportunity to create solutions that facilitate the adoption and use of digital assets and blockchain technology. As a result, we responded quickly to the adoption of Bitcoin in El Salvador. We are proud to deliver this new company to the country, with which we are committed to driving technology towards a more dynamic future and available to everyone. With Wenia we are strengthening financial inclusion while contributing to the continuous development of the country's digital... --- 4 min. readHow Moniflo launched tokenized sustainable investment funds to retail users on FireblocksRequest a demoMoniflo is an investment platform for sustainable investment funds. We aim to directly connect asset managers with retail investors without any intermediation. Request a demoBenefits at a glanceFirst regulated investment platform to offer tokenized UCITS to its retail usersUsed Fireblocks Tokenisation Engine to power minting and burning of tokenized regulated mutual funds (UCITS)On-chain governance of mutual fund holdingsVerified on-chain record of mutual fund holdings through MPC, governed by the Fireblocks Policy Engine Ala Presenti, Co-Founder and Head of Finance and Administration, Moniflo   I'm Ala Presenti, co-founder of Moniflo. My active role in the company for the moment is Head of Finance and Administration, and I'm also in charge of the ESG strategies. Moniflo is an investment platform for sustainable investment funds. We aim to directly connect asset managers with retail investors without any intermediation. Our goal is to open the world of sustainable investment funds and make them accessible and affordable to anyone who cares about their profit and about their wallet as much as they care about their planet. What differentiates us from other players in the market at this stage is that we are the first company in Luxembourg regulated by the CSSF, the financial regulator of Luxembourg, to provide digital custody on blockchain for retail securities. We are active in the traditional financial industry, but by employing blockchain technology, we take traditional investment funds and we tokenize them. This helps us... --- 3 min. readHow Polity Network enables their customers to direct self-custody their customers' digital assets with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceEnterprise-grade secure wallet infrastructureSecure MPC technology provides better user experience, passwordless access. Self-Custody model supportUsers can generate their private keys and be completely assured that only they have access to their private keys. Polity Network is the first enterprise-grade, federated crypto wealth management network for professional advisors and their clients, bringing together advisors, app merchants, and investors on an open-architecture crypto wealth management marketplace. By using Fireblocks non-custodial wallets and the Fireblocks SDK, we can provide Polity Network users with the same level of security as the largest institutions operating in the the DLT blockchain crypto space at the moment, without the complexity that comes with having to remember your own seed phrase. this really secure, intuitive, and easy onboarding experience, which ultimately is perfect for the next wave of adoption – the mid-market, who are not necessarily crypto natives, but still want to get involved with all of the interesting investment opportunities that the tokenized ecosystem has to offer. My name is Ben Baldiari. I'm the Community Officer for Polity Network, a first-in-kind decentralized wealth tech infrastructure that bridges DeFi innovation, CeFi efficiency, and TradFi best practices. This combination of DeFi, CeFi, TradFi allows us to really pragmatic and combine the best aspects... --- 3 min. readHow CloudTech Group deployed a Stablecoin Project in just Four Days with FireblocksRequest a demoRequest a demoBenefits at a glanceSpeed to market Customizable governance rules Enterprise grade security CloudTech Group (CTG), a Melbourne-based financial services and technology company, has selected Fireblocks as technology provider for its new stablecoin product, Ubiquity. Under the guidance of Drew Bradford, Robert Waugh, and Andrew Sallabanks — who were previously part of the team that built National Australia Bank (NAB)’s stablecoin AUDN which Fireblocks helped deploy — CTG recognized the need for a secure and reliable platform to bring their stablecoin vision to life. By working with Fireblocks, CTG was able to leverage our cost-effective and advanced tokenization technology to meet an ambitious timeline, without compromising on security or compliance. The Challenge In the digital asset ecosystem, launching a stablecoin involves numerous complexities, from ensuring regulatory compliance to implementing ironclad security measures. While traditional methods could take weeks, months, or even years, CloudTech needed an end-to-end tokenization platform that enabled rapid deployment to meet market demand, including from institutions looking for cheaper ways to pay and investors looking to buy tokenized real-world assets (RWAs) via stablecoins. The Solution: Fireblocks Tokenization Engine The Fireblocks Tokenization Engine provided the perfect solution, enabling CloudTech to streamline the creation, management, and deployment of Ubiquity using pre-built, audited smart contracts. CloudTech could also customize authorization workflows from issuance, lifecycle management, and distribution based on their governance and compliance rules. With multi-layer security protocols in place, the platform ensures... --- 3 min. readHow One Trading built one of the fastest crypto exchanges using FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceEnteprise-grade security and governanceMinimizes counterparty risk One Trading is an EU-regulated centralized exchange based. One Trading is utilizing Fireblocks for Treasury Management and internal access controls and governance using the Policy Engine. We chose Fireblocks for a number of reasons, but I think simply put the security was fantastic and we kind of compared that against what was in the market and we felt that actually this presented the best way of securing our client assets. I'm Josh. I'm the CEO and founder of One Trading. We are a regulated centralized exchange in Europe. We built the fastest trading venue in the world and we also are close to announcing our MiFID II license, which will allow us to trade and list securities, both crypto and traditional securities internationally as well. By using the Fireblocks technology setup we feel confident that we can provide the best security and safety to all of our customers foundational. I think it's important to start with the simplest thing, which is looking after our customers' assets, opening up wallets and being able to send and receive assets. On top of that as well, there's always been a very solid roadmap of new products that Fireblocks has focused on, and that kind... --- 3 min. readHow Enigma Securities scaled transaction volume from $30M to $8B per quarter with FireblocksRequest a demoRequest a demoBenefits at a glance$30Mtrading volume per quarter before Fireblocks$8Btrading volume per quarter after Fireblocks Enigma Securities is a broker dealer and the cryptocurrency arm of international brokerage firm Makor Securities. Enigma offers spot and derivatives trading, borrowing and lending, cryptocurrency-linked equity products and other structured products. The company is distributed across locations and time zones across Tel Aviv, London (HQ), Paris, Geneva and New York. Client Challenges Enigma’s hardware wallet solution couldn’t keep up with settlement volume To settle trades, Enigma was using Ledger, a hardware wallet solution. Enigma employees had to plug Ledger devices into a computer and manually enter a password up to 50 times per day. With offices in multiple time zones across the globe, Enigma struggled to manage this wallet solution as their trading volume grew. If they continued using Ledger for manual settlement, Enigma knew they’d have to hire more employees to keep up with the growing transaction volume, which is not a scalable solution and would increase operational and enterprise risk for the firm. They needed a more systematic, robust, scalable solution to support a large variety of crypto assets, including Altcoins and banking networks. We realized very quickly, this approach would not scale, given the amount of business we were doing over the globe. We were looking for a better solution to move away from manual application of Ledger. Fireblocks Solution Secure and fast... --- 4 min. readHow Nonco uses Fireblocks to streamline crypto treasury operations and reduce counterparty riskRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceStreamlined treasury operationsReduced counterparty riskUser-friendly and API-driven Nonco is a digital asset brokerage that services ETFs, asset managers, crypto native firms, and financial institutions globally. Nonco utilizes Fireblocks for Treasury Management and is using our Policy Engine and API connectivity to streamline their treasury operations. We started looking at the whole spectrum of wallet providers or custodians, and we recognized that Fireblocks was one of the only ones that not only was technology friendly but also had a very scalable solution with a very deep network already embedded into the crypto ecosystem. I’m Fernando Martinez from Nonco and I’m the CEO. Nonco is a digital asset brokerage that provides liquidity to institutional counterparts. We are heavily focused on the Americas region, however, we do have a global footprint. Nonco serves institutional counterparts such as ETFs, asset managers, crypto native firms, and financial institutions. One of the things that we were looking for when we chose Fireblocks as a technology provider was, first of all, the technology has to be super user-friendly and API-driven. That’s not something that everybody offers. With the API integration that you can create through Fireblocks, it’s endless opportunities for you to really scale your business. The second thing that we really liked... --- 3 min. readHow DV Chain utilizes Fireblocks to improve capital efficiency and scaleRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceImproves capital efficiencyEnables fast, efficient settlementsSecure, customizable governance DV Chain utilizes Fireblocks secure Treasury Management capabilities and the Fireblocks Network to enable fast and efficient settlement with counterparties while having secure, flexible and customizable governance policies. Being in one of the most dynamic industries in the world and being virtual, there’s a lot of phishing scams and that there’s a lot of attacks out there. Any company in our business, the first worry that they should have is security so when we looked at Fireblocks, that to us was very important. My name is Michael Rabkin, I’m the head Global Business Development and DV Chain. We’re one of the leading market makers and liquidity providers for spot crypto. Because we run on prop money, it’s very important for money to be efficient for us. Prior to Fireblocks, we didn’t have the ability to settle within a network so that created complications and created additional costs for us from a capital perspective. We also weren’t able to have everything in one UI.   The most important thing for us working with Fireblocks is the network effect, our ability to connect to our takers and move money quickly. It’s the network has gotten so big that it’s almost hard not to work... --- 3 min. readHow Algorand utilizes Fireblocks for streamlined payouts and flexible governanceRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceFlexible, customizable governanceStreamlined operational efficiency Algorand is a top 100 market cap L1 blockchain utilizing Fireblocks for Treasury Management creating flexible and customizable governance using the Fireblocks Policy Engine. Learn how Algorand uses Fireblocks to automate 50,000 payouts every quarter as well as ensure the highest levels of security. So with Fireblocks, we have security at every level from both the automated point of view and also the checks and balances are in place for the human users. My name is Shane McGovern. I’m the director of Platform Infrastructure at the Algorand Foundation. Before Fireblocks, we did have other custodial solutions, but they were more traditional in that they were for protecting a treasury more so than day to day operations. But the bigger challenge was to support the governance payers, which will be roughly about 50,000 transactions in a very short burst of time once every quarter. And the limitations from the other custodians was that they weren’t designed for that large short bursts of transaction volume. Fireblocks met both of those needs for us on the automated point of view from the governance payouts. We were able to successfully pay out all governors within a very short period of time. This was through their automated policies. So... --- 3 min. readHow Bitso serves over 8 million digital asset exchange users with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceSecure, scalable wallet managementMulti-layer security with MPC architectureEfficient transaction authorization policyOne address for all EVM-compatible networks Bitso is one of the largest digital asset exchanges and retail platforms in Latin America, boasting over 8 million retail users and over 1,000 institutional customers. Hi, my name’s Maria Bello. I’m the product manager in charge of the crypto rails here at Bitso. Bitso is a crypto-powered financial services company, and is the leader of this space in Latin America. Right now, we have over 8 million retail users and over 1,000 institutional users. We’re focused on Mexico, Colombia, Argentina, and Brazil. One challenge that we faced before we integrated with Fireblocks is that we were building our own, in-house solution for wallet management, which was expensive. We needed to create a new node for each network that we wanted to integrate, so the cost of maintenance was super high; we couldn’t offer the best user experience to scale our business. Once we figured out that our in-house solution was not going to scale, we decided to look for a partner that could provide us the infrastructure that we needed while also offering high-level security, so we could trust that our users’ assets would be safe. We decided to start... --- 3 min. readHow Edge Capital executes secure and efficient DeFi operations with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceEnsures secure DeFi operationsEfficient and fast transaction processingFaster and more efficient, with lower gas fees Edge Capital is an innovative, alternative hedge fund focused on digital assets, blockchain, and decentralized finance (DeFi) markets. Through activities like on-chain trading, yield farming, and centralized exchange trading, Edge Capital aims to deliver outsized returns to its investors. As their business grew, Edge needed to find a blockchain infrastructure partner that prioritized speed and efficiency while retaining a mission-critical focus on security. Edge turned to Fireblocks to provide the highest level of security available for their trading and DeFi activities. Challenge Edge Capital was aware that the activities they were looking to perform for their investors, such as DeFi, could come with a variety of risk factors. “With DeFi, we’ve seen that hacks are a core risk for businesses,” says Vadim Khranov, Founder and CIO at Edge Capital. “We’ve seen a lot of people who are not using Fireblocks get hacked. ” Despite the risks Edge had identified in this area, they knew that utilizing DeFi and other blockchain-based trading opportunities could provide significant value for their investors. For example, it’s an important part of Edge’s business model to be able to access the newest blockchains as soon as they become available... --- 8 min. readHow Worldpay achieves 50% faster payment processing with the Fireblocks Payments EngineRequest a demoRequest a demoBenefits at a glanceT+0 settlementAchieves 24/7/365 settlement with merchants in T+0, enhancing operational and merchant capital efficiency. Diversification of revenue opportunitiesExpands into new market segments and creates a differentiated product offering for existing customers. Fast time- to-marketBuilt and launched stablecoins payment solutions within weeks. Mitigation of risk exposureAvoids stablecoins on its balance sheet, reducing exposure to market volatility and operational risks and enhancing financial security and stability while complying with regulatory standards. Worldpay is the world’s largest payment processor, processing over $2. 2 trillion in payments annually across 146 countries and 135 fiat currencies. As a business that is continually exploring innovative solutions to enhance their merchant experience and expand into new markets, Worldpay began to explore how they could leverage blockchain-based payments to substantially improve merchants’ capital efficiency. Challenge: The search for Faster Merchant Settlements Worldpay identified settlement speed as an area of growth for merchants across the globe. Nabil Manji, SVP/GM, Head of Crypto and Web3 at Worldpay, explains, “A capital-efficient merchant needs payments to settle quickly to keep their daily liquidity in line. Many people don’t realize that when you pay a merchant with a credit card, that merchant doesn’t get paid until a few days later – with money moving through three or four different intermediaries. ” The traditional banking system is limited by a narrow window of settlement opportunities, allowing merchants to access funds only during operating business... --- 3 min. readHow Bloxcross Delivers Real-Time Cross-Border Transactions with FireblocksRequest a demoRequest a demoBenefits at a glanceReal-time cross-border settlementsHigh transaction volumes supportScalable infrastructure for global merchants Bloxcross is a payments infrastructure provider that enables global businesses to quickly settle cross-border using stablecoins and blockchain rails. As their business grew, Bloxcross started looking for a new custody technology platform that could support their global reach and scale. Bloxcross turned to Fireblocks to build their blockchain-based payments infrastructure, which enables clients to perform real-time cross-border settlements 24/7. Challenge Bloxcross initially leveraged a traditional custodian to build their payments infrastructure, but quickly learned that the provider was not able to handle the transaction volume and blockchain coverage that their business and merchants required. Diego Baez, Founder & CEO of Bloxcross, explains, “We found that the custodian we were using was slow to react to the marketplace, and their infrastructure was clumsy– which made it very difficult for us to support our merchants. ” When looking for a new provider, Bloxcross knew that they needed a custody technology with wide blockchain support so they could settle with merchants in their preferred stablecoin. They also needed an infrastructure that could handle high volumes for wallet creation and transaction signing in order to reliably service merchants 24/7. Finally, they needed a flexible platform that could be configured to support their payments use case today but also new business models in the future. Solution Bloxcross selected Fireblocks because they wanted to partner with a company that not... --- 4 min. readgoLance introduces stablecoin payments and achieves 4x speed-to-market with FireblocksRequest a demoRequest a demoBenefits at a glanceAchieves 4x faster deployment and time-to-market compared to in-house development using FireblocksIs one of the first major freelance marketplaces to implement stablecoin payoutsHas experienced a 150% surge in digital asset payment post-implementationProjects over $1 million in savings on exchange fees in 12 months using crypto rails goLance is an industry-leading online global freelance marketplace that connects skilled virtual teams and freelancers with clients, helping people work from anywhere more effectively and transparently. goLance has an award-winning platform that leverages cutting-edge technology to find, manage, and pay freelancers quickly and securely in their currency of choice, including multiple digital currency options. Challenges Deliver fast, secure, and stablecoin payments in multiple currencies with ease. goLance was founded by Michael Brooks in 2015 and has since grown to provide more than $250 million in payouts to global freelancers. Over the years, goLance has built its competitive advantage by continually introducing new digital currency assets and services, catering to user needs with a broader range of payment options that are faster and more secure. goLance started by offering payments and products in multiple currencies, such as USD and Euros, as well as cryptocurrencies like Bitcoin and Ether. However, as freelancers increasingly favored digital assets payment methods, they requested stablecoin payouts, a feature then unavailable on competing platforms. At goLance, we strongly value flexibility to meet the needs of our community. By offering our clients more options,... --- 3 min. readFlipkart: eCommerce company advances rewards program with FireblocksRequest a demoRequest a demoBenefits at a glanceWeb3 RewardsSeamlessly integrated Web3 rewardsCustomer EngagementImproved customer engagement with NFTsIncreased RedemptionIncreased reward redemption ratesNew RevenueNew revenue streams from reward programs The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip. Challenge Flipkart was challenged with advancing its Web2 loyalty programs. The team needed to improve and elevate: Customer Engagement: Loyalty programs were not designed with brand affinity in mind, failing to deliver customized experiences that resonate with modern consumers. Rewards Distribution: Traditional targeting of rewards across various engagement levels (low, medium, high) is not foolproof, leading to less-than-perfect redemption rates. Implementing a more flexible rewards distribution system can empower users, deepen their engagement, and potentially lower customer acquisition costs by attracting new customers to the brand. Royalty Opportunities: In the past, brands only expended resources on rewards without earning any royalties. There is untapped potential to convert reward programs into a new brand revenue stream, thereby making the rewards ecosystem more reciprocal and profitable. Solution Flipkart partners with Fireblocks for its enterprise-grade wallet infrastructure, seamlessly embedding wallets in the background of the Flipkart mobile app – complemented by the Fireblocks configurable governance framework and treasury management capabilities. The solution enables Flipkart to manage and secure their Web3 operations easily – from deploying smart contracts to minting NFTs and transferring to self-custody wallets, seamlessly spun up for users in the background. Flipkart... --- 2 min. readFull-contact karate sports league establishes a command center for digital operationRequest a demoRequest a demoBenefits at a glanceScalable solution for evolving Web3 strategyConfigurable governance roles and approval levelsSecures digital assets with MPC-CMP Karate Combat is the world’s premier full-contact striking league, blending the excitement of live-action, full-contact Karate with immersive CGI environments powered by the Epic Games Unreal gaming and virtual production engine. Karate Combat is the first sports league structured as a DAO, powered by the $KARATE token. Challenge Karate Combat needed a secure way to store their private keys and their native $KARATE token on both the Ethereum and Hedera networks. The new token and the increase in transaction volume required that only certain employees, including legal and tax directors, could oversee the funds. In addition to managing and securing the token treasury, Karate also needed to make distributions to investors and payments to partners periodically. Solution Karate Combat partners with Fireblocks to create a command center to secure its digital assets from malicious insiders and manage day-to-day treasury operations. Non-technical, non-crypto native individuals, like our legal and tax directors, are integral to our chain activity. We need them involved in our smart contract operations. Before Fireblocks, I was puzzled – I didn’t know what we would do. We went with Fireblocks because it was the most secure and easy-to-use solution when working with our non-technical, non-crypto native team members for on-chain transactions and activities. David KuhnoGeneral Counsel for Sensei Foundation Results Karate Combat has: Eliminated... --- 4 min. readHow SCRYPT Grew 3,000% in Two Years and Maintained Regulatory Compliance on FireblocksRequest a demoRequest a demoBenefits at a glance3000%year on year70%improvement in efficiency100%faster token issuance$60Ksaved in blockchain fees SCRYPT Digital Trading provides seamless algorithmic OTC execution and market making services to institutions looking for liquidity in the digital asset market. Challenges Launching and scaling a secure and compliant crypto trading firm Norman Wooding, Founder and CEO of SCRYPT, launched the company from the ground up with Co-Founder and COO, Sylvan Martin. Together, they analysed a variety of hot and cold wallet solutions to build out the company’s crypto infrastructure. As they grew, they added more tools to their operations. But with a disparate mix of solutions, their ambitions were constrained by the limited capabilities, API functionality, and automation opportunities in their tech stack. The fast growing company had to perform many processes manually. Not only were these manual processes inefficient, they also opened the door to human error. The biggest challenge with SCRYPT’s existing solutions was lack of scalability and tradeoffs between security and flexibility. Norman knew he couldn’t scale the company without a more efficient, compliant, and secure infrastructure, so he researched new hot and cold wallet self-custody providers and custodians. But it wasn’t until Norman found Fireblocks that he knew he’d found the answer to these long-standing issues. I would ask myself, what if we were doing a million transactions a day instead of 100? What happens when we have a hundred clients? We needed... --- 4 min. readHow DIFX Grew From $5 Million to $550 Million Assets Under Management with FireblocksRequest a demoRequest a demoBenefits at a glance10,900%increase in crypto assets under management$100K+saved in operational expenses annually$35K+saved in gas fees annually Digital Financial Exchange (DIFX) is an award-winning centralized exchange set on creating a new financial order that merges digital and traditional assets in a fully insured, comprehensive cross-asset ecosystem. Challenge Achieving strong ROI as a new trading platform When Jeetu Kataria, CEO and Co-Founder of DIFX, planned the company’s launch in 2020, he knew that selecting the right crypto custody infrastructure partner was critical to its success. To achieve a strong ROI as quickly as possible, he wanted to prioritize operational efficiency from day one. So he looked for a platform where he could automate operational processes while also strengthening security. At the same time, he wanted faster signing and settlement times to keep a lid on Ethereum fees and meet the expectations of his high-volume, high-asset clients. The choice of a crypto custody solution was so important, he and his team spent three months assessing almost every platform on the market. They considered numerous options but were concerned about the slow transaction times and high costs of legacy multi-signature wallets. Once they saw the advantages of Fireblocks’ MPC-CMP wallets, Ethereum Gas Station, and automated policy workflows, they decided to go all-in on Fireblocks. When entering the crypto space, you need the most secure wallets for your clients’ digital assets. Fireblocks goes above and... --- 4 min. readHow CoinFLEX Achieved 400% User Growth and Faster Withdrawals With FireblocksRequest a demoRequest a demoBenefits at a glance400%user growth18,789%increase in daily trading volume1,900%increase in FLEX Coin market cap Founded in 2019, CoinFLEX is a retail and institutional crypto exchange and yield platform offering innovative solutions, including the world’s first interest-bearing stablecoin (flexUSD) and the most capital-efficient automated market maker (AMM+). Challenges Meeting demand for new tokens and fast withdrawals CoinFLEX relies on its ability to issue new tokens quickly in response to user requests and new market opportunities. If these requests aren’t fulfilled quickly, CoinFLEX loses its first-mover advantage, which negatively impacts customer satisfaction levels and increases the risk of CoinFLEX losing new customers to competing exchanges. CoinFLEX had been using a well-known multi-sig crypto custodian vendor for years but grew frustrated with the vendor’s inflexibility when issuing new tokens. In addition, the existing vendor had limited automation capability, which hindered CoinFLEX’s ability to quickly and easily move assets to enable faster withdrawals for its customers. So CoinFLEX started looking for an infrastructure platform that could support new tokens quickly and set a new, higher bar for withdrawal speeds in the industry. Solution Fireblocks’ quick new token turnaround, omnibus wallets, and automation for faster withdrawals After surveying the market, CoinFLEX decided to partner with Fireblocks as its crypto custody infrastructure solution. Sudhu Arumugam, Co-founder of CoinFLEX, was immediately impressed with Fireblocks’ responsiveness. When CoinFLEX wanted to issue Bitcoin Cash tokens on smartBCH, an unknown smartchain at the time,... --- 4 min. readFasanara Capital taps into DeFi market and grows AUM to $100M with FireblocksRequest a demoRequest a demoBenefits at a glanceAssets under management increasedFrom 5x $20m to $100M in 1 year Fasanara Capital is a boutique alternative asset manager, offering access to a range of inventive, multi-asset, capacity-constrained niche products. Client Challenges Securely access DeFi, automate settlement operations, and access new lenders and OTC desks for liquidity In mid-2019, Fasanara Capital launched its first crypto-native hedge fund, Fasanara Digital, which focuses on delivering strong returns for institutional investors. The fund takes a unique market-neutral approach, trading multiple times the size of its portfolio every month across spot and derivative products and a broad spectrum of counterparties. For the fund's first year, Fasanara had approximately $20M of assets under management (AUM). As the volume of AUM grew tremendously, Fasanara Digital wanted to increase the reliability and security of its systems. More specifically, they wanted to add a trusted, secure settlement and wallet platform to ensure the system's reliability as it continues to scale with AUM growth. The team was also increasingly worried about counterparty risk. They wanted to ensure continuous growth, which meant moving funds faster and more easily, accessing liquidity, and rebalancing between trading venues quicker and cheaper. Additionally, they wanted to capture more opportunities in decentralized finance (DeFi) for their investors without compromising security. The team realized DeFi is the future and anticipated a lot of volume moving towards non-custodial trading venues on DeFi. Fireblocks’ solution is straightforward,... --- 3 min. readHow Bit2Me scaled from 20 to 250+ tokens with FireblocksRequest a demoRequest a demoBenefits at a glance250+tokens to be issued in less than one year Founded in 2014, Bit2Me helps individuals store and trade cryptocurrencies such as Bitcoin and Ethereum quickly and easily at scale. Client Challenges In-house custody limits the range of tokens and transaction volumes Bit2Me’s retail crypto exchange business was growing, but its growth was limited by its in-house custody solution, which wasn’t designed to support a wide range of token types or process large volumes of daily transactions. Bit2Me’s retail customers wanted support for a wider range of crypto tokens for trading, but Bit2Me’s hardware provider would only commit to supporting a limited number of new tokens per year—and refused to commit to a timely implementation. As Operations Manager of Bit2Me, Claudiu Iova was concerned about the limited token offering and the slow transaction processing speed and high human error rates caused by the in-house hardware’s lack of multi approver policy automation. Simple mistakes, like typos or misplaced commas, had major repercussions, and these mistakes would only grow as transaction volumes and the number of tokens supported increased. In February, we supported five coins and wanted to expand to over 250 by September. But this wasn’t possible with our internal engineering resources or existing hardware provider’s roadmap and support. Claudiu IovaOperations Manager Fireblocks Solution Fireblocks’ secure custody and asset transfer platform After Fireblocks was recommended by other exchanges, Claudiu’s team was immediately impressed by... --- 4 min. readHow GMO Trust Launched a Regulated Stablecoin and is Enabling 3X Profitability with Fireblocks’ End-to-End TokenizationRequest a demoRequest a demoBenefits at a glance3X profitability with 24/7 mintingEnd-to-end stablecoin tokenizationSimplified private key managementRegulatory compliance ensured GMO-Z. com Trust Company (“GMO Trust”) builds digital assets that bring blockchain capabilities to banks and other large financial service providers. A subsidiary of Japan’s GMO Internet, GMO Trust is the world’s first regulated JPY-pegged stablecoin issuer. Challenges Lack of in-house capability to mint and burn stablecoins GMO Trust wanted to offer fiat-based stablecoins tied to JPY and USD as a way for trading companies, international businesses, and exchanges to send money efficiently for cheaper cost or hedge against volatility while trading seamlessly between fiat and digital assets. At first, Ken Nakamura, CEO of GMO Trust, considered developing the stablecoin minting and burning process in house but ultimately decided it was too cumbersome with its custody, private key, and other workflow requirements. Choosing to mint and burn stablecoins in house would also restrict trading hours. Digital asset markets trade 24/7 and bringing the process in house would limit token issuing and adjustments to typical business hours—which would negatively impact revenue. At the same time, Ken knew they would face strict regulatory requirements. Tokenization of any kind is subject to rigid, detailed operational procedures and risk mitigation plans which would need the approval of regulators. So Ken and his team started looking for a third-party stablecoin tokenization provider that could manage the process and meet... --- 5 min. readHow Revolut eliminated closed-loop custody and manual treasury operations to scale their finance platform with FireblocksRequest a demoRequest a demoBenefits at a glanceAutomated security and granular governanceFaster integration of new tokens and liquidity providersAccelerated launching of new features like “Crypto Withdrawal” Revolut is a full-stack financial platform that gives users a fair, frictionless way to interact with their money. You can trade stocks, commodities, and crypto from the palm of your hand, and enjoy the benefits of 30 currencies out of the box. According to Edward Cooper, Head of Cryptocurrency at Revolut, “we’re aiming to be the number one go-to super app of finance. ” The process of logging into different providers to do rebalancing used to be extremely cumbersome. I think that if we hadn’t onboarded a partner like Fireblocks, we would have struggled to keep up with increased volume during the bull run. Edward CooperHead of Cryptocurrency Challenges Too many crypto operations require manual intervention Revolut couldn’t scale at the pace they wanted — their infrastructure for crypto and internal crypto treasury movements involved a fair amount of manual work. To cover security needs, multiple people had to log into different providers to do rebalancing: one security- cleared team member with access to passwords stored in a password manager, another with a two-factor authentication device which rotated between a number of authorised personnel, and another team member to oversee everything. If there was a bull run, the Revolut team knew their manual processes would slow them... --- 4 min. readHow GSR automates transaction and settlement flows with Fireblocks Request a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceReduces operational overheadSimplifies transaction settlementsUnified API for multiple exchangesSeamless counterparty operations I think the Fireblocks network could become the new norm. A question that gets asked as part of the onboarding process - can we connect on the Fireblocks network? Because I think that indicates to both us and our counterparty that operations will be fairly seamless from this point. My name is Nim Sirodana. I work for GSR. GSR was founded in 2013, and we're now a leader in the digital assets trading and market making space. We specialize in providing liquidity and risk management strategies and structured products to various participants in the industry. We work with token issuers, traders, investors, miners, and we are integrated with over 40 cryptocurrency exchanges as of right now. If you take the current, world, state of the world in terms of, how operations are handled with respect to, funding various trading activity and also settling the trading activity. If you think about the way this is happening right now, what happens is that, typically, we have a very large number of wallets, very large number of addresses, and we have to manage the process of working with a counterparty and understanding, which address do we send something to? And then,... --- 3 min. readHow BlockFills enhances crypto trading efficiency with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceFast, secure settlements in minutesUnified platform for managing counterpartiesSecure, efficient full-scale asset managementStreamlined asset movement across venues The moment we talk to an actively trading counterparty and we know that they're either banking at the same banks as us or using the Fireblocks system, we know that there's very little reason at that point that they can't do business with us. My name's Neil Van Hughes, I'm a Partner and Director of Sales and Trading here at BlockFills. BlockFills is a global financial services technology and trading company. We focus on providing digital asset liquidity, execution, and clearing services to professionals and institutions around the globe. We bring that together in a full-service trading platform and back office system. For us, being able to use Fireblocks means logging on to one platform where we can see all of our counterparties completely whitelisted and secured. We can create sub-account structures. Let's say we're settling between another counterparty and a direct client of ours. If both clients or the client and counterparty have Fireblocks, we can settle something in minutes. And we're not talking about thirty minutes or sixty minutes. We're talking for about a few minutes. We don't have to necessarily worry about double spending issues in hardware wallets or, taking in... --- 2 min. readHow Amber Group enhances crypto trading security and efficiency with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceCombines security and efficiencyControls operational risksEliminates operational errorsEnhances trust with counterparties I think crypto and blockchain started as tech solutions to solve trust issues in finance. However, at this moment, trusting counterparties and your dealings and transactions with them is still one of the biggest challenges in this industry. Hi, my name is Michael Wu. I'm the founder and the CEO of Amber Group. Amber Group is an integrated crypto finance platform. We help our clients buy and sell cryptocurrencies, and we help them with innovative crypto financial products. We are a company of about three years old with about a hundred thirty people in six different cities across the globe. We put the security of our clients and our own assets first above everything. Therefore, we had to involve lots of tedious and less efficient procedures before we adopted Fireblocks. A lot of approvals have to be done, in less efficient ways by multiple people to ensure security first. For us, we deal with a lot of trades, a lot of transactions everyday. By using Fireblocks we can combine the security and efficiency in dealing with these transactions which definitively help us to expand our businesses. We trust Fireblocks because it gives you this procedure to control... --- 2 min. readHow Dunamis simplifies crypto trading operations with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceEliminates wallet validation concernsEasily add new counterpartsIncreased peace of mind for traders How you manage your wallets or your counterparties' addresses is paramount for us. Having Fireblocks do that through their network takes our focus off that part and allows us to focus on what we're good at, which is trading. Hi, I'm Delphos Machado. I run Dunamis Trading. We are a Sao Paulo, Brazil-based hedge fund specializing in crypto market making. We are active on most of the major global exchanges and have been doing so for two and a half years. We're one of the older, specialized crypto hedge funds out there right now. One of the biggest fears we have in trading crypto is sending coins to a wallet that isn't in use anymore, or is stale, or is the wrong wallet—or maybe we copied-pasted something wrong when setting up the wallet. That's one of the biggest concerns that everybody in crypto has. Using the Fireblocks Network, the main advantage we've gained as a firm is the ease and peace of mind of adding new counterparts without going through the whole process of whitelisting, checking, and testing all their wallets. And on an ongoing basis, validating with a counterpart their wallets. That's just out the window whenever they're... --- 2 min. readHow FXCH reduced trading risks and costs with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceReduces post-trade risks and timeFocuses on counterparties, not addressesEnsures address accuracy We think that active trading companies, are spending too much time and taking too much risk in the post trade activities. This is Frank Mikulitz, Managing Director of FXCH. We are a cryptocurrency clearing house. We started our business in mid-2018 after more than ten years of FX prime brokerage and clearing FX. The biggest challenge I had with previous systems was that the cost of security was way too high. So, in terms of achieving the highest level of security, I had to involve the wallet firm, the wallet company, change or open the policies, make a change within a very tight window, and then have the change approved by a certain number of participants. If my participants were not actually available during this tight window that I was opening, then that's it. I had to do it again. So it ended up costing me sometimes two or three days for making a small modification, like even adding one asset. And I think that, although security is paramount and it's the number one priority, the cost of this security was too high. With most institutional wallets, the connection between the owner of an address and that address, you... --- 2 min. readHow JST boosts crypto trading efficiency and security with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceEnables 24/7 trading flexibilityEnhances coin movement speedMaximizes asset efficiency My name is Todd Marrakis. I am cofounder of JST Capital. JST Capital is a global financial services firm providing solutions, both to the digital asset investors and blockchain companies. When you have a twenty fourseven, trading business, or execution business, and the markets are open all the time, it does not make it easy, from a, man hours point of view to go through that process. Timing and flexibility is important for our business as it allows us, not only to use, from our asset management perspective to use our coins, as efficiently as we can. But also anytime we're providing solutions for clients, we want to be able to use their coins as efficiently as we can because it either, (a) it may provide higher returns for them, or, (b) it allows them to move it to where where they would want it the most. What Fireblocks, clearly has allowed us to do is the flexibility and the speed of where we can move coins around to whether they be our partners, whether they be, our clients or whether they be exchanges. And the most important thing from our company is we never want to compromise on our... --- 3 min. readHow Woorton optimizes crypto settlements and security with FireblocksRequest a demoRequest a demo jQuery(document). ready(function($) { setTimeout( => { const featuredImageUrl = $('. customer-story-featured-image'). attr('src'); $('img. w-css-reset'). attr('src', featuredImageUrl). attr('srcset', ''). addClass('fireblocks-cs-video-cover'); }, 750) }); Benefits at a glanceReduces settlement and rebalancing timeEnsures secure asset transfersFacilitates smooth trading with counterpartiesStreamlines daily crypto operations The settlement, in the cryptocurrency world, more than in the equity or traditional asset world, needs technology solutions because it's not only sending money through banks or sending bonds through custodial banks. We need a tech solution that is, allowing us to both, keep our assets safe and sending them in a safe way. My name is Charlie. I am the CEO of Wharton, a French-based market-making film in the cryptocurrency world. We were founded in 2017, backed by two French institutions, with the idea of deploying strategic and algorithmic market-making strategies on exchange in the BTC market, as well as, in cryptocurrency. I believe we are now top three in Europe in terms of volume and in terms of number of clients that we that we provide over the counter and, and are always looking to expand, the number of assets that we are trading and the number of FX currencies that we are providing to them. We were losing maybe one hour or two hours per day just to settle in a safe environment. So at some point, as much as we grew with our volume, raising from zero to several million a... --- --- ## Events & Webinars --- ## Reports What Are Stablecoins? Stablecoins are a form of digital currency designed to maintain a stable value by being pegged to a reserve asset, typically a fiat currency like the US dollar or the euro. Unlike cryptocurrencies such as Bitcoin or Ethereum, whose prices fluctuate, stablecoins aim to provide price predictability while preserving the benefits of blockchain technology namely, fast, global, and programmable transactions. Increasingly, stablecoins are being used as a new payment form factor that blends the advantages of digital assets with the familiarity and trust of traditional money. They represent an evolution in how value can be stored, transferred, and settled, instantly, around the clock, and across borders. This guide focuses on fiat-backed stablecoins and their relevance to the payments ecosystem. Whether you're a payments professional working in a traditional bank, a fintech, or a payment services provider, this guide aims to provide a clear and comprehensive understanding of what stablecoins are, how they work, and how they are being used to modernize payments infrastructure. Types of Stablecoins Stablecoins are digital currencies that maintain a stable value by pegging to an underlying asset. While they all aim to minimize price volatility, the mechanisms they use, and their underlying reserves, can vary significantly. Stablecoins fall into four primary categories based on how they maintain their peg and what assets they are backed by: fiat-backed, commodity-backed, crypto-backed, and algorithmic. This guide focuses exclusively on fiat-backed stablecoins, which dominate real-world payments use cases due to their regulatory compatibility, operational resilience, and growing... --- As DeFi continues to grow in popularity and prominence, hackers around the world are uncovering new vulnerabilities and developing new methods to attack organizations. Today, one of the most prominent categories of DeFi hacking is social engineering attacks.  Social engineering refers to a method of manipulating people into revealing information or taking actions that can compromise the security and privacy of systems and networks, such as DeFi wallets. Social engineering attacks accounted for 70-90% of all malicious data breaches in 2023 (Avast Threat Labs) . Social engineering attacks are prominent in DeFi right now for a number of reasons. Launching this sort of attack can be relatively easy and cheap for hackers when compared to other types of hack. It relies on human error rather than vulnerabilities in software or systems, so anyone can be a potential target. In addition, the potential impact can be huge, with millions of dollars on the line. In DeFi, the signing process is a clear point of vulnerability for social engineering attacks. In this blog, we’ll guide you through a few tips for ensuring that you don’t fall victim to a DeFi signing scheme.   Risks that may arise during the signing process Hackers look to socially engineer victims into signing away their funds using various tools and methods, such as crypto drainers – phishing tools designed to masquerade as Web3 projects, enticing victims into connecting their crypto wallets to the drainer. Drainers are built to literally drain your wallet, but because of how blockchain technology works,... --- The rise in cyberattacks on crypto platforms—most recently the Bybit breach—has exposed alarming vulnerabilities across the industry. This report delves into the evolving landscape of crypto security, highlighting new challenges and advanced guidance for safeguarding digital assets in this new era. Section 1: The Perfect Storm - Market Acceleration, Advanced Use Cases, and New Risks The crypto and digital asset industry stands at a turning point. With institutions like BlackRock introducing Bitcoin ETFs, the tokenization of Real-World Assets (RWAs) gaining traction, and payment innovation continuing to grow with stablecoin transactions, the market is quickly evolving. At the end of 2024, the total market capitalization stands at $3. 2 trillion, DeFi’s total value locked (TVL) has returned to its 2021 peak at $134 billion, and the combined market value of USDT and USDC exceeds $204 billion. New conditions and continued efforts by hacker groups such as Lazarus introduce dizzyingly complex attack vectors — including API exploits, advanced insider threats, and exploits of different blockchain configurations. Though private key security and traditional protection against transfer of funds are still important, relying on security solutions of years past is insufficient. Meanwhile, more users, more funds, and more transactions create larger targets for attackers. Why Attacks are Increasing 1. Higher Transaction VolumesAs blockchain transactions increase, so do potential targets for attacks and financial incentives for attackers. 2. Surge in Users & WalletsWith more individual and institutional users, each new wallet or account is a potential entry point for attackers, expanding the attack surface. The... --- You can download the PDF here Cross-border payments make up a vast and often inefficient movement of money around the world. In 2021 alone, some $1. 2 trillion in payments crisscrossed the globe. Among the challenges is that these transactions result in significant expenses for both financial institutions and users. Though the system has improved over the years, it remains far from perfect, and payers and payees would welcome a new way of cross-border payment. A combination of digital assets and permissioned, decentralized finance (DeFi)—a blockchain-based financial technology—may finally support a crossborder payment system that is faster, cheaper, and more verifiable. This article, coauthored by BCG and Fireblocks, a digital asset security platform, proposes a hypothetical payment model based on permissioned DeFi. For end users who make and take payments, the model offers more flexibility. For institutions that build this model, Know Your Customer (KYC) verification provides more control over payments. We estimate that the average transaction cost in the new model will be 60%–80% cheaper than the cost incurred by traditional models. Understanding how this new model works and the assets that firms need to participate is key to realizing its potential. How a Permissioned DeFi Based Model for Cross Border Payments Works You may already be familiar with a cross-border payments model based on permissionless DeFi. Permissionless DeFi offers advantages over traditional payments, but it also carries risks. (See Appendix A: The Limitations of Traditional Payments and Permissionless DeFi) One of its benefits is the ability to execute... --- You can download the PDF here The financial infrastructure as we know it is undergoing a massive shift due to the introduction of blockchain technology. Payments and financial market players are increasingly integrating blockchain – which has already made an impact in a wide range of industries – into their tech stacks. Fireblocks and Payments Dive polled over 250 North American payment services providers (PSPs), banks, and merchants to gauge their readiness to adopt blockchain-based payments. This article will review why so many PSPs and banks are looking to adopt blockchain-based payments, as well as the obstacles they are encountering on their way to doing so. ABOUT THE SURVEY A total of 257 North American institutions were polled between December 15th, 2022 and January 15th, 2023. The responses were broken down into the following categories: Much of the current payment system was built in the 1970s and has yet to catch up with the speed, volume, and breadth of today’s international trade. As a result, the international payments system is slower and more opaque than other parts of digital finance. Payment service providers are seeing this space as ripe for disruption. Ran GoldiSenior Vice President and Head of PaymentsFireblocks The State of Blockchain in the Payments Space Blockchain represents a new set of payment rails for the industry, much like FedWire or SEPA, in which a transfer of value from one party to another is made and settled easily, and nearly instantly. Over the past few years, the technology has... --- You can download the PDF here The uniformity of money is a simple concept that we often take for granted. It says that $10 should be worth $10, no matter how we spend it. In a world where people rely less on banknotes issued by central banks and where digital currencies are proliferating, preserving the uniformity of money has become a key motivation for central banks considering their own digital currencies. In this paper, we explore how to preserve the uniformity of money in a world of digital assets. We contribute to the debate around privately and publicly issued digital currencies and relate them to the different forms of money that exist today. We consider a vibrant and diverse digital asset ecosystem in which: The central bank issues a digital currency (CBDC) as a backing assets Commercial banks can issue fractionally-backed tokenized deposits, and Fintechs can issue fully-backed stablecoins We then illustrate a model of free convertibility between the fractionally-backed tokenized deposits and the fully-backed stablecoins, governed by rules set by the central bank, such that the consumer doesn’t notice the difference. Rather than simply offering a theoretical model, we also present the smart contract logic to make it operational and show through video demonstrations how this can be achieved today. It leverages the Fireblocks infrastructure, upon which countless projects operate at scale in the crypto asset industry. It also benefits from the knowledge and experience gained through a number of strategic financial services projects, helping to define the state-of-the-art... --- Introduction As of January 17th, 2025, full compliance with DORA (the Digital Operational Resilience Act) and its technical standards is required for financial institutions and other regulated entities in the EU.   DORA is an EU regulation that looks to ensure that financial services can withstand and recover from disruptions related to technology, such as cyberattacks or system failures. It does so by setting out clear guidelines around areas like risk management, incident reporting, and collaboration with third-party providers. DORA is aimed at safeguarding the European financial sector so that it can continue to function smoothly in the face of cyber threats and disruptions. At the same time, it intends to foster trust in the EU financial system.   For stakeholders (like security, compliance or legal teams) at regulated entities servicing crypto assets or acting as crypto asset intermediaries, the onset of DORA may be a daunting prospect. While the regulations promise a new era of operational resilience for the EU financial sector, they also ask institutions to rethink certain aspects of their current workflow – potentially an intimidating undertaking. But with a degree of preparedness, along with collaboration with the right set of critical partners, we at Fireblocks believe EU institutions can adhere to these new regulations while continuing to thrive.   Read on to learn more about what DORA requires, and review our recommendations for managing DORA compliance effectively. Understanding DORA DORA requires Crypto Asset Service Providers (CASPs) and licensed financial institutions to manage and mitigate risks linked to their... --- You can download the PDF here Digital assets are vulnerable to hacking throughout their entire lifecycle, and cybercriminals take advantage of these vulnerabilities every step of the way. In fact, hackers have stolen over $15 billion total in crypto in the past 8 years. With 20+ years of industry experience among each of our leaders and an academic cryptography advisement team, we understand that no security technology alone is unbreakable. As we’ve seen over the years, the best defense against cybercriminals is a multilayered one that can provide redundancy in the event that one of the security controls fails. That’s why, at Fireblocks, we’ve designed a security system that layers the strongest software and hardware defenses to make breaking in highly expensive and nearly impossible – creating a truly secure environment for storing, transferring, and issuing digital assets. At the same time, Fireblocks is designed to support the operational needs of a digital asset business. We mitigate the top threats to digital assets, while delivering the necessary speed, flexibility, and tools to meet your business objectives. In this white paper, we’ll walk you through everything you need to know about protecting digital assets. WHAT IS MULTILAYER SECURITY? Multi-layer security is an approach to cybersecurity in which multiple defensive mechanisms are deployed in tandem to protect data and information. A methodology of this sort — in which one layer of security being compromised doesn’t break the entire system — is able to address a variety of attack vectors at once and... --- You can download the PDF here Financial institutions are entering the digital asset space with an all-time high level of enthusiasm and commitment. America’s oldest bank and the world’s largest custodian, Bank of New York, is the newest FI to announce their adoption of cryptocurrency; other major companies like Mastercard and Tesla have also signaled their support for crypto as Bitcoin surges to $50,000 and beyond. Meanwhile, publicly-traded organizations like Square have invested significant funds into Bitcoin, demonstrating how crypto can function as a strong alternative to fiat currency for public companies. At the same time, companies like Paypal continue to signal their investment in the space through launching crypto products and acquiring custody technology startups in the industry. According to recent research by ARK-Invest, if all S&P 500 entities were to allocate approximately 1% of their cash to bitcoin, its price would rise by another ~$40,000. As the global transformation to digital assets and crypto goes into full swing, a number of questions are standing out to decision-makers at banks and other f inancial institutions. For one, you may be wondering, “as we expand to the digital asset space, what’s the best way to custody these new assets? ” In traditional financial markets, banks utilize a sub-custodian to hold their assets. As some financial institutions assume that they aren’t equipped to custody their own digital assets in terms of technology, operations, and risk, electing to work with a sub-custodian may appear to be an obvious solution for this space.... --- You can download the PDF here Liquid markets have been essential for the expansion, growth and adoption of financial products, and over the past 30 years we have seen financial markets grow exponentially. Innovation has removed friction and created pathways to previously illiquid markets driving increases in the breadth and depth of these markets. In our view, two of the key drivers have been: Digitization of Markets: the evolution of digitization and electronic trading has helped fuel liquidity and access by opening the markets to a larger base of investors. Reduced transaction costs have in turn driven down average trans­ action sizes and increased the number of transactions and volumes, which results in higher velocity and stabilized markets. Securitization of Products: the securitization of illiquid assets has enabled in­ vectors to diversify their portfolios while providing issuers access to additional liquidity which in turn has increased the overall size of financial markets. Among all the new and emerging technologies changing the way markets operate and how market participants interact, blockchain technology has the potential to have the most impact. While digital-native assets such as Bitcoin and Ethereum have garnered the most attention in the past few years, the concept of tokenization – or managing traditional assets through wallet and blockchain infrastructure – will promote growth and inclusion in financial markets more broadly. Migrating tradi­ tional assets to blockchain and wallet infrastructure will allow market participants to experience the key benefits of this emerging technology, including increased transaction security, speed, and... --- As a business leader evaluating digital asset wallet and service providers, it’s important to understand the deeper implications of each wallet custody model and ensuring your wallet provider is compliant and adheres to best practices. Whether you’re an established enterprise, a new startup, or traditional finance institution, this guide offers a foundation for understanding different wallet types and service providers, highlighting each of their distinguishing characteristics to help you determine which custody model works best for your digital strategy, and the considerations to keep in mind when selecting digital asset wallet services. Wallet Types and Providers Each wallet type and wallet provider has different characteristics. Below is a terminology of the key players in wallet security and roles. Custody technology service provider refers to a digital asset wallet service provider that provides a technology or software solution for the creation, administration and security of digital asset wallets. Fireblocks is an example of a custody technology service provider. Business refers to the contracting party with either a custody technology service provider or a subcustodian. A business may contract with wallet providers to enable a variety of use cases, ranging from the administration of their own assets (i. e. treasury management) to the “white labeling” of wallets to provide services to their own end-user customers (i. e. retail custody). End-user refers to the customer(s) of the business. Th end users may have a contractual relationship with the business but they rarely have a direct contractual relationship with the wallet service provider. Subcustodian... --- You can download the PDF here Why Businesses are Embracing Web3 Corporations and digital businesses are looking to the blockchain and Web3 spaces to enhance their customers’ experience with their brands. The benefits of blockchain are centered around decentralization and an ownership layer that provides individuals with more control over their data and assets. Unlike Web2, blockchain technology enables all activities in the Web3 space to be distributed and tamper-proof, delivering an immutable record of every transaction and elevating customer trust. Since the rise of Web3, corporations have shown substantial interest for compelling reasons, including the ability to: Create new revenue streams by reaching untapped demographics: Web3 resonates with people excited about its decentralization principles, and appeals to a generation that has embraced wallets and digital assets as part of their online interactions. This creates the opportunity for new or enhanced business models and revenue streams across untapped markets and new demographics. Enhance loyalty and increase engagement: Unlike current web platforms, where user participation can feel transactional, Web3 offers systems like token-based rewards tailored to a user’s habits. Users often have a more vested interest in the brand’s products and services, fostering a deeper sense of community and brand loyalty. Improve customer relationship management: The immutability of the blockchain ensures the integrity of your customers’ data. Businesses can streamline processes using smart contracts and also use the data to measure user interactions, which enables them to create new product or service offerings. This report is for anyone interested in bringing... --- You can download the PDF here The Roadmap for Redefining Custody, Creating Standards, and Designing New Value Chains for Credit Blockchain technology has disrupted the financial services industry in a variety of capacities over the past 10+ years. Today, over 10% of the global population owns cryptocurrencies, and major institutions across the globe (from banks to brands) have embraced the opportunities that technologies like NFTs can offer. The tokenization of credit assets is another area in which blockchain has the potential to seriously disrupt the current landscape. Tokenization, or the conversion of the rights of physical assets or financial instruments into digital tokens on the blockchain, can offer a new level of efficiency and effectiveness for managing credit assets. Some of the benefits already being realized by early adopters include reduction in settlement times, more composable financial instruments, and products for connecting borrowers and lenders that were once not possible. To realize the full potential of credit asset tokenization and to drive true adoption, there are certain areas within the market infrastructure that need to improve: Redefine Custody: While enterprise-grade custody solutions have emerged, the mindset around custody needs to shift and new business models need to be built. Create Standards: Standardization in data, reporting, and operational practices for tokenized assets must be established to create transparency and interoperability, and to unlock efficiencies within the system. Design New Value Chains: Streamlined infrastructure that can enable new systems for originating, managing, and investing in debt assets. This paper, co-authored by Fireblocks,... --- You can download the PDF here Introduction EY Blockchain US Lead Dear reader, The objective of this document, the first in a Digital Assets Risk Management Leading Practices series, is to introduce EY’s views on leading practices for institutions leveraging self-custody capabilities. It should enable custodians and other digital assets sector participants and service providers, to effectively identify and manage digital asset risks. On January 3, 2023, the FED, OCC and FDIC issued a joint statement, titled: “Crypto-Asset Risks to Banking Organizations” based on recent industry events which highlighted a lack of risk management surrounding digitalasset services. We, at EY, are committed to the promotion of “safe and sound business models” that allow for safer adoption of digital assets and public blockchain infrastructure. Our objective in writing this document is to discuss what we view as leading self-custody processes, procedures, policies, risk assessments, controls, gates, guardrails, and monitoring capabilities. To provide targeted examples, we have collaborated with an industry leading self-custody provider, Fireblocks, to develop a leading practices document. We used our extensive experience integrating Fireblocks and other selfcustody solutions with TradFi operations, to align our leading practice recommendations to their system’s terminology, starting with and focusing on the topic of Private-Key lifecycle management. We believe that most of our recommendations, set forth in this document, apply in many ways, to general digital asset risk management regardless of the custody solution used. To summarize, we hope this leading practices series serves as a tool to help digital assets sector participants... --- Prepared by: Introduction The growth of staking is largely driven by the ETH-denominated rewards stakers receive. At the time of writing, Ethereum has: Over 10 thousand active nodes that run Over 1 million active validators, with Over 34 million ETH staked (in dollar terms, greater than $100 billion is locked in Ethereum PoS consensus to help secure the network) However, staking presents both risks and opportunity costs. This paper will cover the fundamentals of staking, its benefits and risks, and the associated opportunity costs. Additionally, we will cover what liquid staking is, how it works and its growth. Lastly, we will highlight key considerations for institutional entities when evaluating staking services. What is Ethereum Proof-of-Stake? Ethereum is a public blockchain powered by its proof-of-stake (PoS) consensus mechanism. By staking (locking in protocol) ether (ETH), Ethereum's native currency, users are granted the rights to propose and attest new blocks, ultimately progressing the blockchain. Users participating in PoS consensus on Ethereum are often called node operators, who run validators. A validator refers to a client with 32 ETH locked in the protocol staking contract and actively contributing to PoS consensus through validating software. Although the ability to run a validator is open to all, the requirements are not trivial, creating a barrier to entry that normal ETH holders can find challenging to hurdle. Capital requirements Minimum ETH required for a validator: 32 Technical requirements Hardware: Ethereum validator software can be run on average consumer-grade computers, but many opt for specialized hardware to... --- --- ## Use Cases --- ## Integrations ---