NEW YORK, NY, Cryptocurrency custody firm Fireblocks has raised a $550 million funding round, valuing the technology provider at over $8 billion.
The Series E round was co-led by D1 Capital Partners and Spark Capital with participation from General Atlantic, Index Ventures, Mammoth, Google-linked CapitalG, Altimeter, Iconiq Strategic Partners, Canapi Ventures and ParaFi Growth Fund.
Fireblocks is an easy to use, enterprise-grade platform for financial institutions that need to streamline digital asset trading operations - without sacrificing security. Only Fireblocks can securely transfer assets across exchanges, wallets, custodians, and counterparties and keep them readily available using patent-pending chip isolation security and MPC technology. Some of the biggest trading desks have switched to Fireblocks because it's the only solution that CISOs and Ops Teams both love.
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