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.
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.
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