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Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several names in the industry, also includes gaming asset management for blockchain games on Ethereum … Read more
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally. Go to Source Powered by WPeMatico
Investors in the Fireblocks’ Early Access Program put up close to $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live. Go to Source Powered by WPeMatico
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series E funding. Fireblocks’ $8 Billion Valuation Fireblocks, a digital asset custody … Read more
The lending platform added a permissioned liquidity pool to its other decentralized offerings as a way to entice institutional participants to have regulatory compliance in DeFi. Go to Source Powered by WPeMatico
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional financial institutions with defi. KYC-Centric Defi Liquidity: Aave Launches Aave Arc Permissioned Protocol … Read more
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. … Read more
Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this trend of digitalization to keep growing in the recent future. Fireblocks Raises … Read more
In response to “extensive demand from various institutions,” Aave’s permissioned deployment will go live this month. Go to Source Powered by WPeMatico
The crypto-custody firm claims that it was the client’s responsibility to back up the private keys. Go to Source Powered by WPeMatico
