Why This Moment Matters
The financial system is moving onchain. Payments, trading, and transfers are becoming programmable, running on global, always-on rails that move value as easily as data. This transformation is redefining how money moves, how products are built, and how consumers engage with financial applications.
After years of uncertainty, regulatory clarity is finally here – and the world’s largest enterprises are moving fast. Customers are seeking immediate and intuitive ways to interact with digital assets. And developers see this as an opportunity for creating entirely new financial experiences.
The winners will be the fintechs and enterprise providers who can safely offer onchain financial services to users, without sacrificing compliance or user experience.
That’s why I’m thrilled to share that Fireblocks has acquired Dynamic.
Dynamic is a developer-first wallet infrastructure powering over 50 million onchain accounts for industry leaders including Kraken and zerohash, and web3 leaders such as Magic Eden, Lighter, and Ondo Finance. Dynamic provides everything a developer needs to embed digital asset experiences seamlessly into any application. From user onboarding and authentication to embedded wallets, wallet connections and funding integrations, Dynamic enables product teams to quickly deliver customizable and intuitive user experiences.
- Kraken’s Inky uses Dynamic’s embedded wallet to deliver a playful, global trading experience, letting users explore tokenized assets and perpetuals with no prior crypto knowledge.
- zerohash uses Dynamic to enable businesses to send and receive payments in crypto or stablecoins.
- Magic Eden relies on Dynamic’s user onboarding and embedded accounts to let users buy, trade, and pool digital collectibles around the clock, across any chain.
- Lighter.xyz leverages Dynamic to re-invent perpetuals at global scale, no web3 knowledge needed.
- Ondo Finance leverages Dynamic to let users connect existing wallets across its product suite, from OUSG short-term U.S. Treasuries to tokenized assets on Ondo Global Markets, including stocks, bonds, and ETFs.
Where Enterprise-Grade Stack Meets Developer Agility
Fireblocks has become the backbone of digital asset and stablecoin infrastructure, powering more than 2,400+ financial institutions and enabling secure digital asset access for over a billion end users globally. With the acquisition of Dynamic, we now empower every business to reach every customer with digital asset experiences — safely, quickly, and at scale.
“We’ve seen this pattern before. The ability to simplify traditionally complex infrastructure – whether it’s communications with Twilio or bank connections with Plaid – unlocks immense developer activity. That same principle is true for crypto. Our team at Dynamic has done the same for embedding digital asset services in any application. Now, leveraging Fireblocks’ enterprise foundations, we will expand our reach to empower product teams globally with a complete, secure and compliant stack, enabling them to get digital asset functionality to production within days.”
Itai Turbahn
Co-founder and CEO, Dynamic
Today’s developers demand infrastructure that’s frictionless to integrate, while offering security and compliance without complexity. By uniting Fireblocks’ institutional-grade infrastructure with Dynamic’s embedded wallet technology, we enable enterprises to lead in a rapidly evolving financial landscape – launching new offerings, growing user bases, and unlocking new revenue streams.
Together, we enable businesses and institutions to access:
- Embedded wallets that eliminate the need for dedicated crypto engineers, abstract away blockchain complexity, and remove custody risk. This makes it possible for any business to deliver digital asset functionality fast with familiar, intuitive UX.
- Global wallets that work seamlessly across apps and chains, offering continuity of identity and balance for end users.
- Integrated fiat on/off ramps, stablecoin rails and compliance to quickly unlock programmable money flows and seamless global payments on trusted infrastructure.
Institutional infrastructure and consumer experiences have long lived in separate worlds. By joining forces, Fireblocks and Dynamic bring them together for fintechs, payment providers, web3, and other enterprises around the globe.
The Onchain Future is Here
This acquisition marks a defining moment for Fireblocks and Dynamic, as well as for the broader financial ecosystem. Global, programmable money is here. As adoption accelerates, the infrastructure we build must match that ambition.
Just as importantly, we’re gaining an exceptional team. Dynamic founders Yoni Goldberg and Itai Turbahn have built a culture that mirrors our own – curious, collaborative, and relentlessly focused on innovation. Their team of 30 is joining Fireblocks to help turn the belief that every app, website, and business should have a wallet, into reality.
By bringing Dynamic into the Fireblocks family, we’re doubling down on our mission: to build the trusted foundation for the financial internet. One that empowers businesses, developers, and institutions to innovate without compromise. Both companies remain fiercely dedicated to our customers, and we can’t wait to show you what comes next.
Build onchain experiences that move as fast as your business.
Request a walkthrough of Dynamic’s platform and demo it live on their website to discover how leading fintechs are going live in days, not months.
