Fireblocks

Valuation $8B

About Fireblocks

Fireblocks is a blockchain security service provider for moving, storing, and issuing digital assets.
Founded 2018-01-01
Industry Blockchain, Cryptocurrency, Cyber Security
Last Funding Type Secondary Market
Valuation 8
Total Funding $1.04 billion dollars
IPO Status

Financial

Fireblocks has made several strategic moves to enhance its operations and customer base. The company has built a strong C-Suite team to onboard thousands of new retail and institutional customers. Additionally, Fireblocks has added new executives, including a new CFO and CMO, to prepare for market growth. The company has also been recognized by Forbes as one of the top 50 fintech companies of 2024. Fireblocks has expanded its global custodian program by adding the first group of crypto safekeeping firms and announced its first five global custodian partners. Furthermore, Fireblocks has integrated Coinbase International for perpetual futures and spot trading and introduced 'one-click' audits and tax reporting features.

Fireblocks, a blockchain security service provider, recently underwent restructuring, leading to layoffs. Concurrently, the company has been enhancing its executive team with new appointments, including a Chief Marketing Officer, and expanding its digital asset services. It also partnered with other firms to improve cross-border payments and was recognized by Forbes among innovative fintech companies.
Funding Rounds 7
Number of Lead Investors 13
Total Funding Amount  $1.04 billion dollars
Number of Investors 33

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