Cryptocurrency Analysis and News Portal
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,
Read More
Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to expand its payment capabilities for the cryptocurrency sector. The acquisition gives Fireblocks additional resources to enable payment service providers to acquire cryptocurrencies and accept payments in
Read More
“We started working on Libra together back in 2019; Fireblocks, from a secure wallet perspective, and First in terms of payment protocols on the blockchain,” said First Digital CEO Ran Goldi. “We think that between the PSPs [payment service providers] both companies work with, we probably have over 2 million
Read More
“It’s pretty aggressive growth, and we have a lot of clients from very different use cases and domains, from traditional financial institutions to leading hedge funds, exchanges, neo banks, gaming companies, payment providers and so on,” Fireblocks CEO Michael Shaulov said in an interview. “So we are putting a lot
Read More
The third aspect is really around anti-money laundering (AML). I think it is very important, because we don’t want to see this thing leveraged by bad actors to do things that are objectively bad for humanity. The solution for that is a kind of “soft KYC [know-your-customer]” rule. Let’s say
Read More
“Supporting Bankhaus von der Heydt marks another key milestone in our mission to bridge the gap between digital asset banking and traditional finance,” said Michael Shaulov, CEO of Fireblocks. “As a pioneer in Germany for over 250 years, Bankhaus von der Heydt is seen as a trusted partner for innovative
Read More
Approving Fireblocks could also lead to integrations enabling new products, “such as the onboarding of regulated fiat on/off ramps and protocol deployments connected to debit cards, high yield savings accounts and other innovative fintech products,” the proposal said. Source
Read More
Jay Clayton, the former chair of the United States Securities and Exchange Commission, has accepted an advisory role with blockchain infrastructure provider Fireblocks — marking a significant addition to a company that only recently achieved unicorn status. In joining Fireblocks’ advisory board, Clayton acknowledged that he shares the company’s view that
Read More
Blockchain infrastructure provider and crypto custodian Fireblocks has secured another $310 million in strategic investments, bringing its total valuation to $2 billion and marking another major milestone for the company. Michael Shaulov, CEO of Fireblocks, told Cryptox that the funding would go toward expanding internal capacity, including increasing the research
Read More