New York — July 11, 2024 — Fireblocks (https://www.fireblocks.com), an enterprise platform for building blockchain applications and managing digital asset operations, announced today the first members of its Global Custodian Partner Program. Using Fireblocks technology, existing and future customers will be able to easily streamline their digital asset operations through Fireblocks and connect with local, licensed custody partners who are powered by Fireblocks across the United States, United Kingdom, Australia, Singapore, Hong Kong, Thailand, Ireland, Luxembourg, New Zealand, Japan, and the United Arab Emirates in the coming months.
Launched in May 2024 to meet the rapidly growing professional needs of the digital asset industry, Fireblocks’ Global Custodian Partner Program enables its customers to seamlessly connect to trusted licensed custodians, including CloudTech Group, Zerocap, Rakkar, Komainu, and Zodia Custody to start.
The partner program streamlines customers’ digital asset treasury management through the Fireblocks Network, an institutional-grade digital asset transfer platform for rapid digital asset transactions and dynamic payment workflows. With Fireblocks, customers can securely transact with thousands of trusted counterparties and access the vast world of decentralized applications from a single easy-to-use platform.
“Our initial custodian partners bring expertise and trusted services that are essential for the growing regulatory and security demands for many new digital asset operators,” said Adam Levine, SVP of Corporate Development & Partnerships at Fireblocks. “We are excited to collaborate with industry leaders and provide unparalleled access to licensed custodians, self-custody wallets, liquidity pools, exchanges, and other essential digital asset services on a global scale.”
The total market capitalization of cryptocurrencies has more than doubled over the last year, standing at $2.2 trillion. The increase in overall value and participation comes as Wall Street names hedge funds, family offices, and other professional investors already active in the digital asset space. This influx is driving the demand for safe, segregated, and professional-grade solutions as regulators provide further regulatory clarity.
“By becoming a Custody Partner, CloudTech is marking a significant step forward in one of our four pillars – swap, spend, store, and save – by providing secure and reliable custodial services to store our customers’ digital assets,” stated Robert Waugh, CTO at CloudTech Group. “Our inclusion in the Global Custodian Partner Program underscores our commitment to offering customers in Australia a seamless and trusted solution for managing their digital assets.”
“Being a long-time user of Fireblocks ourselves and their first in Australia many years ago, we’ve always been supportive of Fireblocks’ vision and commitment to innovative solutions in the digital asset realm,” stated Ryan McCall, CEO at Zerocap. “Formalizing this partnership allows us to continue providing our institutional clients with secure digital asset storage and liquidity, to support their unique trading needs.”
“As the sole strategic partner focused in the Asia region, this partnership paves the way for our institutional clients to access a seamless solution that drives capital efficiency without compromise on asset security and compliance,” shared Arthit Sriumporn, founder and CEO at Rakkar. “As one of its first members, we look forward to bringing the Global Custodian Partner Program to market together.”
“The future success of the digital asset ecosystem is dependent on collaboration and connectivity. This is exactly what this partnership with Fireblocks’ Global Custodian Partner Program will achieve,” said Julian Sawyer, CEO at Zodia Custody. “Together, we are making a great leap towards greater utility and optionality for institutional participants, whilst remaining true to our ethos of providing safe and compliant custody without compromise. This is the way forward in creating a truly institution-ready infrastructure for digital assets.”
“As institutional demand for regulated custody solutions continues to grow, we are thrilled to be among the first to join the Fireblocks Global Custodian Partner Program,” said Paul Frost Smith, Co-CEO of Komainu. “This partnership highlights our dedication to developing a robust institutional ecosystem, and we are proud to provide secure, compliant custody services for clients in need of regulated custody across the globe.”
As the digital asset market continues to grow and evolve, Fireblocks remains at the forefront, delivering custody solutions that meet the needs of institutional clients worldwide. The inaugural members of the Fireblocks Global Custodian Partner Program are recognized for their robust regulatory compliance and innovative solutions.
To learn more about Fireblocks’ Global Custodian Partner Program, please visit: https://www.fireblocks.com/global-custodian-partner
Fireblocks is an easy-to-use platform to create new blockchain based products, and manage day-to-day digital asset operations. Exchanges, banks, PSPs, lending desks, custodians, trading desks, and hedge funds can securely scale their digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves thousands of organizations in the financial, payments, and web3 space, has secured the transfer of over $4 trillion in digital assets and has a unique insurance policy that covers assets in storage & transit. Find out why CISOs and Ops Teams love.
For more information, please visit www.fireblocks.com.
