Fireblocks

Fireblocks is a leading enterprise-grade platform for managing digital asset operations, founded in 2018 by cybersecurity veterans Michael Shaulov, Pavel Berengoltz, and Idan Ofrat. Headquartered in New York City, Fireblocks has revolutionized how institutions and businesses secure, transfer, and manage cryptocurrency and digital assets. The platform combines cutting-edge Multi-Party Computation (MPC) technology with chip isolation to provide institutional-grade security for digital asset custody and transactions.

Since its inception, Fireblocks has experienced explosive growth, raising over $1.04 billion across six funding rounds and achieving an $8 billion valuation in January 2022, making it the highest-valued digital asset infrastructure provider globally. The company serves over 1,800 institutional customers including major financial institutions like BNY Mellon, Revolut, Worldpay, BNP Paribas, and Galaxy Digital. As of 2023, Fireblocks has secured over $4 trillion in digital asset transactions and created more than 130 million wallets for its customers.

Fireblocks' comprehensive product suite includes Treasury Management, Wallets-as-a-Service, Tokenization, and Payments solutions, supporting over 120 blockchains and thousands of digital assets. In 2024, the company achieved significant milestones including receiving a qualified custodian charter from the New York Department of Financial Services (NYDFS) and processing $60 billion in DeFi transactions. With $113.7 million in revenue for 2023 and continued expansion through strategic acquisitions like Dynamic ($90 million in October 2025), Fireblocks is positioned as the infrastructure backbone for the institutional digital asset economy.