Fireblocks is an enterprise-grade platform for managing digital asset operations, providing custody, transfer, and tokenization infrastructure for financial institutions and crypto-native businesses. Founded in 2018 by Michael Shaulov, Pavel Berengoltz, and Idan Ofrat, Fireblocks is headquartered in New York.

Fireblocks is built around its proprietary Multi-Party Computation (MPC) technology, which eliminates the single point of failure associated with traditional private key management. Rather than storing a private key in one location, MPC distributes key shares across multiple parties so that no single device or person ever holds the complete key. This approach provides institutional-grade security without the operational friction of hardware-based cold storage.

The platform serves over 1,800 institutional customers including banks, exchanges, lending platforms, hedge funds, and payment providers. Fireblocks supports over 50 blockchain protocols and has facilitated the secure transfer of trillions of dollars in digital assets. Notable clients include BNY Mellon, Revolut, and numerous crypto exchanges.

Fireblocks reached an $8 billion valuation in its 2022 Series E funding round. The company has continued to expand its product suite, adding tokenization capabilities for real-world assets, a Web3 developer toolkit, and compliance tools for institutions navigating regulatory requirements.

Core Capabilities

• MPC-based custody — Secure key management using multi-party computation, eliminating single points of failure
• Secure transfers — Institutional-grade transfer network connecting exchanges, counterparties, and internal wallets
• Tokenization — Infrastructure for issuing and managing tokenized real-world assets
• DeFi access — Institutional gateway to decentralized finance protocols with policy controls
• Compliance tools — AML screening and transaction monitoring integrations

Venture Capital Rounds