Fireblocks, a leading enterprise platform for managing digital asset operations, has announced the integration of IOTA EVM. This integration enables institutional and enterprise users to securely store and transact IOTA tokens and assets on the IOTA EVM network through the Fireblocks console and API.
Fireblocks and IOTA share a vision of digitizing traditional systems and building a new digital economy. By providing easy access and security for digital assets, they aim to make blockchain technology as accessible and user-friendly as traditional financial systems.
The integration of IOTA EVM into Fireblocks is a significant step towards building a robust and supportive ecosystem for builders and projects. Fireblocks’ secure infrastructure and user-friendly interface provide the necessary tools for projects to focus on growth and innovation.
About Fireblocks
Fireblocks is a comprehensive platform that simplifies the management of digital asset operations for a wide range of businesses, including exchanges, banks, payment service providers, lending desks, custodians, trading desks, and hedge funds. The platform’s secure infrastructure, based on MPC-based wallet technology, enables organizations to scale their digital asset operations efficiently and securely.
Fireblocks has a proven track record of securing digital assets, with over $6 trillion transferred through its network. The platform’s unique insurance policy provides additional security for assets in storage and transit. Fireblocks supports over 80 protocols and offers extensible support for both public and private EVMs.
Key Benefits for Institutional and Enterprise Users
- Secure IOTA Token Storage: Store IOTA tokens safely within the Fireblocks vault.
- Efficient IOTA Token Transfers: Transfer IOTA tokens securely using the Fireblocks Network.
- Retail Customer Support: Enable retail customers to support IOTA tokens through Fireblocks’ REST API.
- Web3 Application Development: Deploy IOTA tokens into various web3 verticals, such as DeFi, NFT marketplaces, and GameFi.
- Tokenized Asset Management: Securely mint and transfer tokenized assets.
The integration of IOTA EVM into Fireblocks marks a significant milestone in providing a top-tier ecosystem for institutional and enterprise users. By simplifying the storage, transfer, and creation of tokens, Fireblocks empowers builders to focus on their products and innovation without worrying about security or custody. This integration aligns with the shared vision of Fireblocks and IOTA to build a new digital economy that is accessible, secure, and user-friendly.
Also Read: IOTA Co-Founder Defends Project Amid 6% Drop, Teases Major Developments In Web3 And DeFi
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
About The Author
