Crypto.com, a cryptocurrency payment platform, has been integrated into Fireblocks' institutional network, the company announced in a press release. With Fireblock, Crypto.com can expand its reach to over 400 institutional clients on the Fireblocks Network, including global banks, liquidity providers and over-the-counters.
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Eric Anziani, Crypto.com COO, says the integration will allow the company to increase its institutional trading volume, and expand presence "at a global level."
"We are already leveraging Fireblocks for our internal treasury management system, and the Crypto.com Exchange integration with the Fireblocks Network is another step in creating a secure infrastructure for institutions to enter the digital asset space," Anziani added.
In March, Fireblocks raised $133 million in a Series C fundraising round from Bank of New York Mellon Corp, Coatue Management, Ribbit Capital, Stripes and SVB Capital. The latest round of investments brought the company's valuation to $1 billion.
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