Fireblocks Partners with Key Custodians to Expand Reach

IconCryptoNewsTerminal Staff11 Jul, 2024

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Fireblocks Partners with Key Custodians to Expand Reach

Fireblocks, a leading provider of cryptocurrency custody, has expanded its global reach by partnering with five new global custody partners. Zodia Custody, Komainu, CloudTech, Zerocap, and Rakkar join Fireblocks' program, offering third-party custody services to users in key regions such as the UK, Australia, Singapore, UAE, and Japan. This strategic partnership empowers these selected companies to leverage Fireblocks' advanced technology and infrastructure to deliver secure and compliant custody solutions to their clients within their respective jurisdictions. The move is part of Fireblocks' ongoing efforts to enhance its global presence and provide a comprehensive suite of custody services to meet the growing demand for digital asset management. By collaborating with these established regional players, Fireblocks aims to offer a localized experience and regulatory compliance for its customers, ensuring the safekeeping of their digital assets. The partnership further solidifies Fireblocks' position as a trusted provider of custody solutions for institutional investors and enterprises worldwide.