Crypto News: Fireblocks Integrates IOTA EVM for Enhanced Institutional Access
Fireblocks, a prominent enterprise platform specializing in digital asset management, has recently announced a game-changing integration with IOTA’s Ethereum Virtual Machine (EVM). This strategic move is set to revolutionize the way institutional and enterprise users securely store, transfer, and manage IOTA tokens and tokenized assets within the digital asset ecosystem.
Expanding Possibilities in Digital Assets
The integration of IOTA EVM by Fireblocks marks a significant leap forward in enhancing the digital asset ecosystem. It provides cutting-edge infrastructure for a myriad of services, including treasury management, decentralized finance (DeFi), and GameFi. By leveraging Fireblocks’ intuitive console and API, institutional users now have the capability to seamlessly conduct transactions involving IOTA tokens and assets on the IOTA EVM platform.
Fireblocks and IOTA are steadfast in their commitment to catalyzing a new digital economy by supporting projects across the spectrum, from small-scale initiatives to large institutional entities. This collaboration is geared towards democratizing access to digital assets and bolstering their security akin to traditional financial assets.
About Fireblocks
Fireblocks stands out as a premier platform for creating blockchain-based products and overseeing digital asset operations. Widely embraced across exchanges, banks, payment service providers (PSPs), lending desks, custodians, trading desks, and hedge funds, the platform empowers users to scale their digital asset operations securely. Backed by a unique insurance policy covering assets in storage and transit, Fireblocks has facilitated the secure transfer of over $6 trillion in digital assets. The platform supports more than 80 protocols and offers robust support for both public and private EVMs.
Institutional IOTA Access
With immediate effect, institutional and enterprise users can tap into an array of features, including:
– Securely storing IOTA tokens in their Fireblocks vault
– Safely transferring IOTA tokens over the Fireblocks Network
– Launching IOTA token support for retail customers via Fireblocks’ REST API
– Integrating IOTA tokens into diverse web3 verticals like DeFi, NFT marketplaces, and GameFi
– Securely minting and transferring tokenized assets
This integration serves as a pivotal milestone for IOTA EVM, fortifying a robust ecosystem for institutional and enterprise users. By streamlining the processes of storage, transfer, and token creation, the integration empowers developers to channel their energy into product innovation without fretting over security or custody concerns.
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