Fireblocks, an enterprise-class platform that provides secure infrastructure for blockchain assets, announced today that it has integrated Crypto.com into the Fireblocks network.
This integration will allow Crypto.com to expand its reach to over 400 institutional subscribers via the Fireblocks network; This includes some of the largest global banks, liquidity providers, OTCs, hedge funds, and asset managers.
“The inclusion in the Fireblocks network will allow Crypto.com to increase the company’s institutional trading volume and overall presence on a global scale. We have already switched to Fireblocks for our internal treasury management system, and the integration of Crypto.com Exchange into the Fireblocks network is another step in creating a secure infrastructure for institutions to enter the digital asset space ”, said Eric Anziani, chief operating officer of Crypto.com.
Crypto.com was founded in 2016 and has since expanded its platform to offer the Crypto.com Visa Card, Crypto.com Exchange and Crypto.com DeFi Wallet, its own blockchain, and more. Also, recently, Crypto.com NFT is a new platform for collecting and trading NFTs.
“We are pleased that exchanges like Crypto.com are seeing real value in our institutional network and understand the critical role it can play in strategic growth and expansion plans,” said Michael Shaulov, Chief Executive Officer of Fireblocks. “Not only does the Fireblocks network enable more secure and seamless asset transfers, it also serves as a place to discover the most active institutional participants in the digital asset space.”
Since launching in June 2020, the Fireblocks network has grown 627% and has over 400 participants who actively move assets between and between 30 of the world’s largest digital asset exchanges such as Binance, Bitfinex, Coinbase, FTX and more. Now members of the Fireblocks network have secure exchange connectivity and instant settlement on Crypto.com from a central platform.