Fireblocks Acquires BlockFold to Serve Financial Institutions with Enriched Tokenisation Capabilities.
MANews-(C)2009-2023
US-based moving, storing, and issuing digital assets provider Fireblocks has acquired Australian tokenisation firm BlockFold to enrich Fireblocks' tokenisation capabilities, the company said.
Terms of the transaction were not disclosed.
With tokenisation reinvigorating banking and financial market infrastructure's decades-old processes and fostering healthy competition, Fireblocks will continue collaborating with its tokenization partners Bitbond, Securitise, Securrency, Tokeny, and others to create an open tokenisation marketplace for customers that may require support for specific use cases.
Fireblocks' acquisition of BlockFold stands to strengthen its tokenisation capabilities and bridge the gap between CeFi and...
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