Fireblocks has expanded its exchange connectivity with new support for Coinbase International Exchange to provide perpetual futures and spot trading features for institutional and retail clients in eligible jurisdictions. Fireblocks customers can now connect to their Coinbase International Exchange account via the Fireblocks Network, and protect exchange operations – such as withdrawals and deposits – with Fireblocks’ governance and policy rules.
About Coinbase International Exchange
As a regulated exchange, Coinbase International Exchange aims to expand crypto derivatives access to institutions and professional traders.
Outside the United States, including hedge funds, proprietary trading firms, family offices, providing them with deep liquidity and a robust trading infrastructure. The exchange operates under strict regulatory frameworks, complying with local regulations when they are available.
With robust APIs, liquidity incentives for high-volume users, and an expanding list of tradable assets, Coinbase International Exchange looks to bring trust and security to global crypto markets.
Usman Naeem, CEO of Coinbase International Exchange, said, “As we continue to expand our offerings for institutional and retail clients, this collaboration underscores our commitment to providing a robust and reliable trading infrastructure for our global clientele.”
Benefits of the Coinbase International Exchange integration
With Coinbase International Exchange connectivity on the Fireblocks Network, customers benefit from enhanced management and security of their exchange operations, including:
Governance controls for exchange operations
Fireblocks Policy Engine enables customers to configure user roles, governance policies, and approval workflows for exchange deposit and withdrawal operations to protect against an insider unilaterally moving funds from an exchange account.
Secure funding, rebalancing, and transfers
Customers can seamlessly deposit, withdraw, and rebalance across connected exchanges, Fireblocks wallets, Network counterparties, and whitelisted addresses from the Fireblocks Console or API, while mitigating operational risks associated with whitelisting Exchange deposit addresses.
Monitor account balances
The Fireblocks Console provides customers with a unified view of all their connected accounts to easily monitor assets, balances, and transactions.
Fireblocks also leverages Multi-Party Computation (MPC) to remove a single point of compromise from API credentials and secure hardware enclaves to prevent a threat actor or inside colluder from compromising exchange credentials during storage.
Exchanges also stand to benefit from Network Link, a tool to help accelerate the number of supported exchanges and trading venues on the Fireblocks Network – making it easier and faster for third-party providers to directly integrate with the Fireblocks Network so that participants can discover, connect and securely transact with their solution.
