CryptoNewsBreaks – Fireblocks Featured in Yahoo! Finance Article

March 18, 2021 13:31:42

Fireblocks, an all-in-one platform for the storing, transfer and issuance of digital assets, was featured in an article on Yahoo! Finance titled, “Fireblocks Raises $133M to Serve More Megabanks with Crypto Custody.” The piece discusses the crypto custody provider’s efforts to raise $133 million at a time when its competitors are being acquired. “We became sort of a big piece of the market infrastructure,” Fireblocks CEO Michael Shaulov was quoted in the article, going on to further highlight the firm’s crypto transfer network as a differentiating factor. “We now have over 230 clients, all the big institutions, and we need to guarantee to them our financial stability and the fact that we will remain independent. If we would have been acquired by someone, the value of Fireblocks would be significantly less than the value of Fireblocks as an independent player.”

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About Fireblocks

Fireblocks is an all-in-one platform to store, transfer and issue digital assets across the entire ecosystem. The platform protects digital assets in transit, focusing on protecting the transmission of customers’ digital assets between exchanges, counter brokers, hot wallets and cold stores. For more information, visit www.Fireblocks.com.

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