Fireblocks, a digital asset cybersecurity startup, announced that more than 2.5 billion USD are being moved in cryptocurrencies each month.
Fireblocks revealed during a press release on November 26 that the company has seen 400% customer growth increase and that cryptocurrency transfer volumes are growing 150% every month since Fireblocks announced a launch out of stealth mode on June 11 after getting 16 million USD in funding.
In just the first semester, this startup based on New York can reportedly count Galaxy Digital which is a cryptocurrency merchant bank, Genesis Global, a digital trading platform and Celcius as its customers. According to Michael Shaulov, CEO and Co-Founder of Fireblocks:
“There are other good institutional wallet offerings on the market, but The Fireblocks’ Secure Transfer Environment is what makes us so unique […] The Fireblocks Secure Transfer Environment gives financial institutions an ultra-secure account that connects to a high-speed payment network – this enables the swift and secure movement of blockchain-based digital assets between exchanges, counterparties, custodians, and customers.”