Fireblocks Expands Cloud Support for Banks: Crypto Infrastructure Takes a Leap

By Lola Coin Jun 28, 202356Views

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Fireblocks, a blockchain-based enterprise platform for crypto custody, has expanded its cloud support to serve banks globally. The company has partnered with Amazon Web Services (AWS), Google Cloud Platform (GCP), and Alibaba Cloud. Fireblocks aims to support 100% of all banks and financial institutions globally by making its MPC portfolio solution compatible and scalable for every bank through its support of cloud giants. This move comes as banks are increasingly opting to use the cloud, with some using private cloud, some using public cloud, and others still relying on on-premises infrastructure. Fireblocks has already enabled 50 of the world’s largest banks to create services for custody, trading, and settlement of digital assets. It has also partnered with Google Cloud and Polygon Labs to accelerate the adoption of blockchain technology within companies.

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