Full-Time
Secure infrastructure for digital asset management
$132k - $174k/yr
Mid, Senior
California, USA
The job is likely based on the West Coast region of the United States, but specific cities are not mentioned.
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 and spreads them across various 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 offers a subscription-based model that includes transaction screening and risk scoring, ensuring a comprehensive service. The company's goal is to deliver a secure and compliant solution for institutions in the growing cryptocurrency market.
Company Size
501-1,000
Company Stage
Series E
Total Funding
$1B
Headquarters
New York City, New York
Founded
2018
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Performance Bonus
Company Equity
Remote Work Options
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
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
To meet these challenges head-on, Fireblocks has unveiled its Cyber and Operational Resilience compliance package.
Fireblocks has launched a cyber security solution for businesses to comply with the EU's DORA.
Purpose-built Cyber & Operational Resilience Compliance Package (including dedicated legal addendum, periodic reports, audits, and security reviews) helps EU-regulated financial institutions meet DORA compliance requirements.LONDON, March 6, 2025 /PRNewswire/ -- Fireblocks , an enterprise platform for managing digital asset operations and building innovative businesses on blockchain, announced today the launch of its Cyber and Operational Resilience (COR) Compliance Package. This comprehensive suite is designed to help financial institutions meet their obligations under the new Digital Operational Resilience Act (DORA), which came into force in the EU on January 17, 2025.DORA mandates that banks, financial institutions, and crypto asset service providers (CASPs) strengthen their cybersecurity and operational resilience. The Fireblocks offering simplifies this complex regulatory landscape, allowing organizations to focus on growth and innovation while maintaining compliance.Designed specifically for institutions that designate Fireblocks as a Third-Party ICT Provider supporting a critical or important function, the package streamlines the path to regulatory alignment. Key features include a dedicated legal addendum, annual and periodic reports, an advanced ICT security kit, and an annual pooled security audit —helping institutions meet compliance requirements with greater efficiency while strengthening operational resilience."Fireblocks provides its customers with a holistic offering designed to meet their DORA obligations confidently and efficiently," said Fireblocks' Chief Information Security Officer, Oded Blatman. "We've built this package to simplify compliance, reduce complexity, and allow our customers to focus on scaling their businesses and innovating in a rapidly changing environment."Unlike vendors that offer piecemeal solutions, Fireblocks has implemented operational changes, a dedicated reporting framework, and designed a contractual framework to align with DORA requirements. A key feature of the offering is an Annual Security Pooled Audit, a multi-day event where clients can tackle key compliance challenges, gain insights, and streamline their audit processes.Key Features of the COR Compliance PackageLegal Addendum : Pre-drafted regulatory addendum to the Fireblocks Master Service Agreement (MSA) that aligns with DORA's article 30 requirements.: Pre-drafted regulatory addendum to the Fireblocks Master Service Agreement (MSA) that aligns with DORA's article 30 requirements