Q1 2024 marked a significant milestone for Web3 venture funding, with a 55% surge in total investments from VC funding for Web3 startups. Web3-related startups – defined as those in the crypto and blockchain sectors – raised nearly $1.9 billion.
As Web3 startup funding surges, Fireblocks is already powering the next wave of innovation with its easy-to-implement technology and battle-tested security. After a successful pilot, we’re announcing the launch of Fireblocks for Startups, a suite of self-service tools designed specifically for startups to easily build blockchain-based products. These companies will gain access to the best of Fireblocks, enabling them to get to market fast and accelerate their revenue, while abstracting the complexity of managing multiple technical integrations.
Features include:
- A choice of custody solutions, from treasury management to wallets-as-a-service options, that will enable seamless operations at scale.
- Insurance for asset transfers and risk reduction features to handle the essentials of blockchain operations.
- Configurable governance and workflow authorization policies that can be automated to protect your business and reduce the manual resources required.
- Access to the Fireblocks Network, the industry’s largest digital asset network which provides direct connectivity to 65+ blockchains, 35+ exchanges, on/off ramp partners, and more.
The most novel use cases and best ideas still come from builders who are the cornerstone of the ecosystem. The short history of crypto shows that successful projects – whether crypto exchanges, DeFi bridges, or NFT platforms – go through periods of hypergrowth during market upswings, with development teams focused solely on maintaining front-end stability and neglecting security in the process. Fireblocks for Startups ensures innovation is always in lockstep with security, providing a robust and accessible infrastructure for Web3 builders to build on without the technical and operational complexity.
Built for startups from the ground up
Since Fireblocks was founded, our mission has been to enable every business to easily and securely support digital assets and cryptocurrencies. In addition to providing a secure technology platform to enterprises, we’ve provided the same level of security and product capabilities to startups and SMBs. Today, 1 in 4 of our customers are part of this group, and we’ve helped fuel their businesses as they expand their offerings and geographic reach.
- Fasanara Capital grew assets under management from $20m to $100m in a year
- Scrypt was able to scale their business with a 70% improvement in efficiency and $60k saved in blockchain fees and more
- One Trading launched their business with Fireblocks to minimize counterparty risk
Since Fireblocks’ inception, we have provided builders with the tools they need to be successful and secure in the digital asset and crypto space. By working closely with them, we have gained a deep understanding of their needs – speed to market, no-code building blocks with easy-to-integrate APIs, and a secure, future-proof platform that grows with their business. That’s why we created Fireblocks for Startups to give businesses what they need – speed, security, and simplicity – when launching and expanding their blockchain-based business.
As a startup, Fireblocks has been instrumental in helping us stay ahead of the curve .Their self-service toolkit has helped to streamline our blockchain operations, allowing us to accelerate our market readiness and maintain the highest standards of security.
For these businesses, Fireblocks provides a comprehensive solution to custody assets in MPC wallets, protect against insider threats and attackers, manage day-to-day operations, and easily build any blockchain business without having to replatform.
Interested in learning more about Fireblocks for Startups? Explore pricing and benefits here.
