Fireblocks

Company Overview

Snapshot

Founded in June 2018 by Michael Shaulov, Idan Ofrat, and Pavel Berengoltz, Fireblocks has grown to over 800 employees. The company has raised $1.04 billion across 7 funding rounds from 32 investors, with Paradigm notably participating. In January 2026, Fireblocks acquired TRES Finance for $130 million to enhance its financial management capabilities.

Business overview

Fireblocks provides an enterprise-grade platform for financial institutions to securely transfer and manage digital assets. Its core technology utilizes patent-pending chip isolation security and MPC technology to safeguard assets across exchanges, hot wallets, custodians, and counterparties. The platform streamlines operations for financial institutions dealing with digital assets, supporting over 180 cryptocurrencies, tokens, and stablecoins, and integrates with 15 digital asset exchanges. Fireblocks operates within the Fintech & Insurtech sector, specifically focusing on financial operations software, and serves financial services and institutions in areas such as trading, fund management, and compliance.

Strategic signal

In January 2026, Fireblocks acquired TRES Finance for $130 million, a fintech startup specializing in blockchain-based financial and regulatory reporting. This acquisition is significant as it expands Fireblocks' infrastructure to include comprehensive accounting, reconciliation, tax reporting, and compliance capabilities, signaling a strategic move to offer a more unified and regulatory-compliant solution for institutional digital asset management.

Company Intelligence Q&A

What was Fireblocks' most recent acquisition?

In January 2026, Fireblocks acquired TRES Finance for $130 million. This acquisition aims to enhance Fireblocks' financial management capabilities by integrating TRES Finance's platform, which translates complex blockchain activities into structured financial data.

What was Fireblocks' previous acquisition before TRES Finance?

In October 2025, Fireblocks acquired Dynamic, a crypto wallet development platform, for approximately $90 million. This acquisition expanded Fireblocks' reach into consumer-facing digital asset infrastructure.

When did Fireblocks expand its collaboration with Thales?

In February 2026, Fireblocks and Thales expanded their collaboration to deliver bank-grade digital asset security.

What new product did Fireblocks launch in April 2026?

In April 2026, Fireblocks launched 'Earn,' providing institutions with native access to onchain lending.

What was a key partnership for Fireblocks in July 2025?

In July 2025, Fireblocks selected Lava Network to deliver unified multi-chain enterprise-grade blockchain performance with mission-critical uptime, enhancing secure RPC access for its institutional customers.