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- Fireblocks Trust Company partners with Galaxy, Bakkt, FalconX, and Castle Island.
- NYDFS oversight ensures security and regulatory compliance for institutional clients.
- Services cover ETFs, token launches, digital asset treasuries, and staking.
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Fireblocks Trust Company, a NYDFS-regulated custodian, is stepping up to meet growing institutional demand for secure and compliant crypto custody. The firm announced partnerships with Galaxy, Bakkt, FalconX, and Castle Island to provide institutional-grade infrastructure for ETFs, token launches, and digital asset treasuries (DATs).
Institutional Demand Drives Regulated Custody Solutions
As crypto adoption grows among institutional investors, the need for regulated custody solutions has never been higher. Fireblocks Trust Company aims to bridge this gap with its robust infrastructure, built on Fireblocks’ cold storage technology. The platform connects to more than 2,400 financial institutions, offering clients direct access to a secure network for digital asset management.
“Regulatory compliance and security are non-negotiable,” said Matt Walsh, founding partner at Castle Island. “Fireblocks Trust Company delivers on both fronts with their qualified custodian status and robust operational controls.”
A Catalyst for Institutional Crypto Adoption
Adam Levine, CEO of Fireblocks, emphasized that regulated custody is a key driver for institutional adoption. “By combining the protections they require with infrastructure they already trust, Fireblocks Trust Company is helping drive the next phase of institutional adoption,” Levine said.
This move comes as banks and financial institutions accelerate their entry into digital assets. Deutsche Bank, Citigroup, and US Bancorp have recently announced plans to expand crypto custody services, highlighting the broader market shift toward secure, regulated solutions for institutional clients.
Also Read: Galaxy Digital Buys $306M in Solana, Driving Institutional Crypto Treasury Boom
Key Use Cases: ETFs, Token Launches, and Beyond
Fireblocks’ custody services target critical institutional applications, including collateralized lending, staking, ETF issuance, and token launches. With NYDFS oversight, the trust company offers a framework that balances operational security with regulatory compliance—an essential combination for institutions looking to navigate the crypto space safely.
By establishing Fireblocks Trust Company as a regulated custodian, the firm is setting a new benchmark for institutional crypto adoption. With strategic partnerships and a strong compliance-first approach, Fireblocks is well-positioned to meet the rising demand for secure, professional-grade digital asset custody.
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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.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
