Fireblocks, an enterprise-grade platform delivering a 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 participants through the Fireblocks Network; which includes some of the biggest global banks, liquidity providers, OTCs, hedge funds, and asset managers.
“Being onboard the Fireblocks Network will allow Crypto.com to increase the company’s institutional trading volume, and overall presence at a global level. We have already transitioned to Fireblocks for our internal treasury management system, and the Crypto.com Exchange integration with 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.
Founded in 2016, Crypto.com has since grown its platform and offers the Crypto.com Visa Card, Crypto.com Exchange, and Crypto.com DeFi Wallet, its own blockchain, plus more. Also, recently launched, Crypto.com NFT is a new platform for collecting and trading NFTs.
“We are excited that exchanges like Crypto.com are seeing real value in our institutional network, and understand the pivotal role that it can play in strategic growth and expansion plans,” said Michael Shaulov, Chief Executive Officer of Fireblocks. “The Fireblocks Network not only allows for a more secure and seamless way to transfer assets but also serves as a discovery venue for the most active institutional participants in the digital asset space.”
Since launching in June 2020, the Fireblocks Network has grown 627%, amassing over 400 participants who are actively moving assets across and in 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 one central platform.