On Tuesday, Fireblocks, a specialist in cryptocurrency custody technology, announced that it has started offering support to major cloud services providers. Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales, and Securosus are the providers.
Fireblocks aims to broaden its service accessibility to a broader array of businesses. Furthermore, according to a spokesperson, it will cater to banks that utilize both on-premise and cloud-based IT infrastructure. This effort involves implementing strategic measures to extend their market reach.
Additionally, with recent enhancements, Fireblocks’ enterprise platform now encompasses a significant portion of the market share within the cloud industry.
Michael Shaulov, the co-founder and CEO of Fireblocks, states that they have developed their components to meet the risk requirements of banks. Besides, they can facilitate customers’ smooth transition from proof-of-concept to production.
The company has facilitated the entrance of more than 50 prominent financial institutions into the realm of digital assets. These encompass BNY Mellon, BNP Paribas, and ANZ Bank of Australia. Among its clientele are Revolut, a fintech firm, and Moonpay.
Fireblocks delivers a secure infrastructure for moving, storing, and issuing digital assets catering to enterprises. Through its patent-pending SGX & MPC technology, it empowers exchanges, custodians, banks, trading desks, and hedge funds to expand their digital asset operations securely.
The custody provider enables HSM support through an open interface, leveraging top providers, like Thales, Securosys, and other compatible HSMs. It enhances the support for secure enclaves in the cloud, including AWS Nitro and Alibaba Cloud SGX, in addition to the existing Azure SGX support.
Customers can now host their MPC key shares across multiple servers in their data centers and cloud environments. The company establishes new cloud data centers in the EU, Switzerland, and Hong Kong, in addition to its existing US-based centers. Moreover, it offers a dedicated single-tenant cloud environment.