Connect with us

Hi, what are you looking for?

ELEVENEWS

Crypto Exchange

Fireblocks adds Coinbase co-founder to board of directors

Digital asset security platform Fireblocks announced that it would be adding Fred Ehrsam to its board following a recent funding round.

In a Nov. 18 statement, Fireblocks said that Ehrsam, co-founder of crypto exchange Coinbase, would be joining the firm as a board member after a $30 million funding round to expand its global operations. Ehrsam left Coinbase in 2017 and went on to co-found crypto investment firm Paradigm.

“Fireblocks has become the go-to for any business looking to build new digital asset operations or scale existing ones,” said Ehrsam.

“The extraordinary growth of the Fireblocks Network and its team in the last year attests to the enormous value they have unlocked for enterprise and institutional customers.”

This year, Fireblocks launched its Secure Asset Transfer Network, allowing institutions to more efficiently transfer assets on-chain. The platform also recently announced that it has seen more than $150 billion in transferred assets since 2019.

Companies including Revolut, Celsius, BlockFi, PrimeTrust, Genesis, and Nexo have reportedly expanded or launched new digital asset services using Fireblocks’ crypto wallet infrastructure.

 

News source

Advertisement

Trending Post

Chainlink

ChainLink is basically very exciting.  Users have to state that it stirs the imagination and passions of the community in ways that other projects...

IOTA

Senseering offers an IOTA-based solution to create a marketplace for data that can be shared among partners. Senseering’s solution will be used in collaboration...

Ripple

Cryptocurrency investment is becoming a common trend. In the fourth quarter of the year, when investments are said to start doing well, how are...

VeChain

VeChain (VET), BTCMVMNT, and Team Zuby have joined forces to create a limited-edition merchandise collection dubbed “Take the Power Back.” The team says the...

Copyright © ELEVENEWS