Off Exchange to mitigate counterparty settlement risk
Fireblocks Off Exchange lets trading firms and asset managers trade on centralized exchanges while keeping full custody of their assets.
Exchange trading and custody should not be commingled
Today’s workarounds, third-party custodians and manual margin sweeping, don’t solve counterparty risk. They just move it. They add operational burden, constrain capital, and shut out traditional institutions entirely. Fireblocks Off Exchange is a technology-first alternative: trade freely, with your assets fully protected.
Protect from hacks and fraud
Allocate and mirror assets directly to an exchange from an on-chain MPC shared wallet, protecting your principal from hacks, bankruptcy, and fraud.
Real-time settlement
Quickly capitalize on new trading opportunities across venues with real-time, on-chain settlement and eliminate single party settlement risks.
Exchange Solutions
Fireblocks Off Exchange leverages MPC technology to enable traders to allocate and mirror assets directly to an exchange from a wallet they mutually control. Your principal stays protected from hacks, fraud, and exchange failure, while exchanges can verify onchain that client accounts are fully collateralized.
Custodial Solutions
Leverage Fireblocks Off Exchange to connect via regulated custody services and mirror assets available so that traders can deploy capital while reducing counterparty risk and removing the need to pre-fund trading venues.
How it works
Off Exchange introduces Collateral Vault Accounts (CVA), which are
onchain MPC wallets that programmatically lock and mirror assets to
the connected exchange account.
Fund your
Collateral Vault Account
Transfer assets to your CVA and an instant credit is issued to the exchange — so you’re ready to trade immediately, without pre-funding.
Settle profit and loss
in real time
Onchain settlement automatically rebalances your CVA and exchange account credit as positions move — no manual reconciliation, no delays.
Withdraw
on your terms
Move assets from your CVA to any destination including an internal wallet, another exchange, aligned to your strategy.
With Fireblocks Off Exchange, we enhanced Sygnum Protect for integrations with exchanges (Bybit and Deribit). Fireblocks provides the secure technical connectivity between clients’ custody accounts and their respective exchange trading accounts.
Thomas frie
Head of Strategic Product Initiatives
Access liquidity on the top crypto exchanges
