Fireblocks Automation streamlines treasury and finance operations by automating manual processes involved in digital asset management. From rebalancing wallets and sweeping funds to converting tokens and managing payment flows, Fireblocks Automation significantly reduces the time, cost, and risk associated with manual operations so your team can boost operational efficiency and focus on growth.
Introducing Fireblocks Automation
Secure and efficient treasury management is becoming a larger part of daily operations for digital asset businesses. From fintech companies that rebalance wallets daily to payment firms that sweep incoming funds regularly, a common challenge impacts all businesses that work with digital assets: operations are often performed manually. This not only consumes significant time but also exposes businesses to counterparty risk, price volatility, and liquidity management challenges. Moreover, as digital asset businesses grow, the burden placed on operations and finance teams can increase and many companies are unable to dedicate costly technical resources to build and maintain internal automation solutions.
That’s why we’re excited to introduce Fireblocks Automation—a user-friendly, no-code builder designed to enable operations teams to easily configure custom triggers, conditions, and events. Fireblocks Automation streamlines daily tasks such as rebalancing and topping up accounts, sweeping wallets, converting tokens, and distributing payouts. And, because Fireblocks provides a unified platform to manage digital asset custody across blockchains and natively connect to external accounts such as exchanges and fiat providers, Fireblocks Automation empowers operations teams to get started in minutes without the complexity of building time-consuming integrations. The feature is currently in beta and available to a limited group of customers.
How Fireblocks Automation Works
Fireblocks Automation allows digital asset businesses to reduce the time spent on frequent treasury management and payment operations without increasing back-office workload. With its intuitive building blocks, operations teams can quickly configure new automation sequences tailored to their specific use case, regardless of their technical expertise. Once an automation sequence is created, Fireblocks Automation continues to monitor for the transaction or time-based trigger to initiate the sequence. After its initiated, Fireblocks Automation validates that the condition has been met and then automatically executes the action, which can include transferring to a wallet or connected account, converting a token pair, or initiating a payment flow.
Rebalance
Rebalance funds between connected accounts and wallets to ensure you always maintain sufficient liquidity and avoid adverse risk exposure
Sweep
Sweep funds from multiple wallets to consolidate payins and deposits into a single account
Convert
Convert tokens when they’re deposited into your wallet or monitor exchange balances and convert crypto to stablecoins to mitigate price volatility
Top up
Top up with funds from a centralized wallet to ensure your business always maintains the required working capital across accounts
Payment flow
Initiate a custom payment flow that can transfer funds cross-border, settle merchant accounts, or payout vendors with the Fireblocks Payments Engine.
Build your Fireblocks Automation
Whether your operations team is looking to automate liquidity management across exchanges or distribute bulk payouts to clients, Fireblocks Automation is a game-changing solution that enables you to quickly and effortlessly automate daily operations in a few easy steps, so your teams can focus on what really matters — growing your business.
Step 1: Choose how to trigger the automation
Step 2: Choose the condition under which the automation is triggered
Step 3: Choose the action to take once the condition is met
Stay tuned for updates on the general availability of Fireblocks Automation. Fireblocks customers interested in exploring early access to this feature are encouraged to reach out to their Customer Success Manager for more information.
