Categories: Uncategorized

MetaMask Integratesn With Fireblocks To Offer Unrivaled Web3 Access

Key Points:

  • MetaMask Institutional Wallet has partnered with Fireblocks, a tech custody provider that provides a range of solutions for managing digital assets.
  • The connection will allow institutional investors and builders that utilize Fireblocks to access the complete MetaMask Institutional package.
  • Around 1,800 organizations have already started using Fireblocks, and their accounts will be able to link to MMI, where they will be able to trade, borrow, or invest with over 17,000 dApps.
ConsenSys, one of the Ethereum blockchain software developers, announced that its MetaMask Institutional wallet, the web3 wallet for organizations and the market’s first multi-custodial institutional web3 offering, is integrating with Fireblocks, a tech custody provider that provides a suite of tools for managing digital assets.
MetaMask Integratesn With Fireblocks To Offer Unrivaled Web3 Access 4

According to the release, when customers link their Fireblocks accounts to MMI, they will be able to access over 17,000 DeFi and web3 dapps such as Aave, Lido, and GMX.

Organizations may use MMI to trade, invest, lend, borrow, offer liquidity, and bridge assets between EVM chains while benefitting from the security of Fireblocks’ MPC wallet architecture and Policy Engine for transaction governance and signature. MMI’s portfolio management features, as well as the all-in-one dashboard, will be accessible for monitoring and reporting on holdings across dApps.

MetaMask Integratesn With Fireblocks To Offer Unrivaled Web3 Access 5

The combination of MetaMask Institutional and Fireblocks comes as the crypto market continues to show promise, boosting institutional interest and adoption.

According to EY-Parthenon research, institutional investors are highly optimistic about the long-term prospects of crypto/digital assets, with roughly 60% attempting to join the field. As institutional interest in the cryptocurrency market grows, so does the need for safe and efficient digital asset management solutions. Our collaboration gives institutional investors and builders the best of both worlds: MMI’s unrivaled access to the web3 ecosystem and Fireblocks’ institutional-grade security and key management.

MetaMask Integratesn With Fireblocks To Offer Unrivaled Web3 Access 6

According to Johann Bornman, Global Product Lead for MetaMask Institutional:

“With the exponentially increasing demand from organizations to enter web3, MetaMask Institutional is focused on providing the most expansive ecosystem access while satisfying the most diverse and rigorous institutional requirements. Fireblocks is the leading institutional digital asset self-custody platform, and we are truly delighted to be working with the team. This integration brings together two marquee products and further supports our goal to bridge every organization into web3.”

The integration expands on MetaMask Institutional’s vast portfolio of now twelve custodians and custody technology providers, which gives crypto funds, web3 developers, and any companies seeking exposure to the digital asset class with choice, security, and operational efficiency.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments

Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…

45 minutes ago

Bitdeer Convertible Notes Worth $360 Million Offered for Expansion Efforts

The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…

1 hour ago

Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets

Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire

2 hours ago

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

3 hours ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

5 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

5 hours ago

This website uses cookies.