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…
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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.…
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The funding will be used to develop debit and credit card payment rails in Asia. Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region. The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors…
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The Bitcoin-on-Ethereum project gets a major institutional breakthrough via Fireblocks. In a blog post today, decentralized finance (DeFi) protocol Badger DAO announced a forthcoming integration with Fireblocks, a digital asset storage, management, and DeFi on-ramp for institutional investors. “We’re excited to announce a strategic partnership between Fireblocks and BadgerDAO to enable their 200+ institutional clients…
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Fireblocks, a leading company securing digital asset transfers is expanding, with two offices opening in the Asia Pacific region, as monthly volumes rise to over $7 billion. Digital asset security specialist Fireblocks announced April 30 that its platform has been used to secure $30 billion of digital assets to date, with current monthly volumes in…
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