Fireblocks

Fireblocks

Secure infrastructure for managing digital assets

About Fireblocks

Simplify's Rating
Why Fireblocks is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Cybersecurity

Crypto & Web3

Financial Services

Company Size

501-1,000

Company Stage

Series E

Total Funding

$1B

Headquarters

New York City, New York

Founded

2018

Overview

Fireblocks provides secure infrastructure for managing digital assets, focusing on institutional clients like banks and hedge funds. Its platform allows users to store, transfer, and manage cryptocurrencies safely. Fireblocks employs multi-party computation (MPC) technology, which divides private keys into parts stored in different locations, enhancing security against hacking. The platform also features real-time transaction monitoring and compliance tools to help clients meet regulatory requirements. Unlike competitors, Fireblocks emphasizes security and compliance, making it a vital resource for institutions in the cryptocurrency space. The company's goal is to offer a secure and efficient solution for digital asset management.

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Simplify's Take

What believers are saying

  • Growing institutional interest in tokenized assets boosts demand for secure digital asset platforms.
  • Fireblocks' DORA compliance package aligns with new EU regulations, attracting European clients.
  • The rise of stablecoins in B2B payments presents opportunities for Fireblocks' secure infrastructure.

What critics are saying

  • Increased competition from DTCC's tokenized collateral management platform challenges Fireblocks.
  • Fidelity's entry into the stablecoin market could impact Fireblocks' market position.
  • Lightchain AI's innovative blockchain solutions may divert institutional clients from Fireblocks.

What makes Fireblocks unique

  • Fireblocks uses multi-party computation to enhance digital asset security.
  • The platform offers real-time transaction monitoring and compliance tools for regulatory adherence.
  • Fireblocks provides a comprehensive DORA compliance package for EU financial institutions.

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Funding

Total Funding

$1043M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$250M
Reddit
$550M
Fireblocks
$1250M
Epic Games
$1500M
Airbnb

Benefits

Performance Bonus

Company Equity

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

0%
CryptoSlate
Apr 4th, 2025
Tokenized Assets In Us Near $20B As Dtcc Launches Appchain For Real-Time Tokenized Asset Management

The Depository Trust Clearing Corporation (DTCC) has launched a new tokenized real-time collateral management platform, signaling a major institutional commitment to decentralized finance infrastructure in the United States.The initiative is built as an AppChain and represents the first industry-wide use of a blockchain-native financial network to facilitate digital asset-backed collateral operations across markets.Institutional Backbone Embraces Blockchain InfrastructureDTCC’s platform introduces a live digital collateral system that enables near real-time settlement and automated collateral operations via smart contracts. Built on LF Decentralized Trust’s Besu blockchain and supported by DTCC ComposerX, the system operates as part of the broader DTCC Digital Launchpad ecosystem introduced in October 2024.According to the organization, the platform will be publicly demonstrated on April 23 during “The Great Collateral Experiment,” a live showcase of cross-market use cases.The new approach aims to address long-standing inefficiencies in collateral workflows by streamlining asset movement across historically siloed infrastructure. As DTCC’s Global Head of Digital Assets, Nadine Chakar, stated, the model provides a more open, flexible, and institutionally viable framework than earlier digital collateral pilots. Chakar said,“We plan to continue building on this collateral model, engaging with the industry and our regulators to develop the standard for tokenized collateral across global jurisdictions.”CTO Dan Doney further emphasized that real-time collateral mobility represents a “killer app” for blockchain in traditional finance, potentially unlocking liquidity during volatile conditions without compromising operational integrity.DTCC processed $3 quadrillion in securities transactions in 2023 and holds custody of over $85 trillion in assets, making its endorsement a landmark moment in the broader adoption of tokenized systems.DTCC’s launch is emblematic of a broader movement across the US financial sector to integrate blockchain-based tokenization. The market for tokenized real-world assets surpassed $19 billion, up from $10 billion a year prior. Tokenized US Treasuries alone have reached $4.9 billion in value, and tokenized private credit now exceeds $12.4 billion.tokenized assets (Source: rwa.xyz)Parallel initiatives from financial giants, including BlackRock, JP Morgan, Apollo, and Franklin Templeton, reinforce the institutional shift

PYMNTS
Apr 2nd, 2025
Stablecoins Keep Racking Up Milestones, But Can They Crack B2B Payments?

The allure of stablecoins is straightforward. They make payments simple by promising the efficiency of cryptocurrencies without the volatility. There are few places where efficiency matters more than B2B payments. The global B2B payments market is valued at over $125 trillion annually. Yet, the sector remains plagued by inefficiencies that include high transaction fees, slow settlement [] The post Stablecoins Keep Racking Up Milestones, but Can They Crack B2B Payments? appeared first on PYMNTS.com.

Tech Startups
Mar 28th, 2025
Lightchain Ai Could Make You A Millionaire In Days

Bitcoin’s first millionaires took years – Lightchain AI can do the same in a matter of days. This new crypto positioned itself as a game-changer in the blockchain space, raising incredible amounts during the presale.New, game-changing projects are achieving growth almost instantly, as seen in Lightchain AI’s case. Its potential for accelerated returns and innovation attracted a substantial number of investors, resulting in the project garnering an impressive $17.9 million during its presale – all of that achieved with a token price of $0.007.Lightchain AI is expected to evolve even further once it launches its upcoming Meme Coin Launch Pad. The top meme coins are incredibly appealing to the masses, and Lightchain AI’s dedicated platform will enable investors to connect seamlessly and start meme coin projects with ease. The blockchain’s secure platform gives it an additional boost, resulting in a project with the potential to turn into the next big meme coin.Why Lightchain AI?A few things have turned Lightchain AI from a promising project to a standout achievement that has the potential to redefine the crypto landscape. For starters, it combines advanced blockchain technology with artificial intelligence , which is a unique feature that has caught the eye of important investors.Institutional investors and crypto sharks have already gotten their piece of the cake, which has become a potent tool for industries such as healthcare and logistics due to the AI properties

PYMNTS
Mar 26th, 2025
Fidelity Reportedly Preparing To Debut In-House Stablecoin

Asset manager Fidelity Investments is reportedly preparing to launch its own stablecoin.The Boston-based company, which manages more than $5 trillion in assets, is in the advanced stages of testing the coin, the Financial Times (FT) reported Wednesday (March 25), citing sources familiar with the matter.According to the report, the planned launch is part of Fidelity’s expansion into the burgeoning market for tokenized versions of US Treasuries. The report adds that the company has also recently filed to introduce a digital version of a U.S. money market fund at the end of May, which would put it in competition with rival asset management groups BlackRock and Franklin Templeton.As the report notes, Fidelity is making these efforts at a time when federal regulators are changing their attitude toward cryptocurrencies in the wake of President Donald Trump’s election last year.Trump had embraced crypto on the campaign trail — marking a contrast with the stricter approach by the Biden White house — and has pledged to promote the growth of dollar-backed stablecoins. There is also a pair of stablecoin bills before Congress.Fidelity published a report earlier this year arguing that central banks and world governments would be among the next “significant investors” in bitcoin. That report noted that while many countries hold bitcoin, it is typically through government seizures and recoveries from criminal prosecutions. Many governments also have rules for the selling or handling of this bitcoin and can’t list them as part of their treasury.“We expect 2025 to be the year this changes for both acceptance and adoption,” wrote Fidelity’s Matt Hogan

PYMNTS
Mar 17th, 2025
The Stablecoin Market Is $220 Billion. Are Businesses Actually Using Them?

For years, stablecoins served as the backbone of cryptocurrency trading, providing liquidity and stability in crypto’s famously volatile markets. Though some have been circulating for over a decade, stablecoins like Tether (USDT) and USD Coin (USDC) weren’t embraced by the traditional financial sector, in part due to regulatory uncertainty. That left them as a favorite go-to tool for traders on crypto exchanges looking to park profits or hedge against market swings. Tether, for example, is the third largest cryptocurrency by market cap, and has a circulating supply of around $144 billion. USDT stablecoins represent 70% of the stablecoin market, with much of Tether’s daily volume tied to its use across crypto exchanges

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