Tel Aviv Stock Exchange Partners with Fireblocks to Expand Crypto Services
The Tel Aviv Stock Exchange (TASE) has announced a partnership with crypto custodian Fireblocks to offer a range of digital asset products and services. This collaboration builds upon the success of Project Eden, an initiative supported by the Israeli Ministry of Finance that involved issuing a government digital bond on a dedicated blockchain platform. By partnering with Fireblocks, TASE aims to provide institutional-grade digital asset solutions while ensuring necessary protection for regulated entities. Orly Grinfeld, EVP Head of Clearing at TASE, believes that this partnership represents a monumental leap forward in the global digital assets landscape.
Main Breakdowns:
- TASE and Fireblocks partner to offer digital asset products and services
- Collaboration builds upon the success of Project Eden
- TASE aims to provide institutional-grade solutions for regulated entities
- Partnership represents a significant advancement in the digital assets landscape
- TASE’s ambitions include enabling non-banking members to trade cryptocurrencies
Hot Take:
The partnership between TASE and Fireblocks is a significant development in the crypto space. By offering digital asset products and services, TASE aims to revolutionize the industry and the local capital market. The collaboration will not only unlock the full potential of digital assets but also ensure security, transparency, and regulation. With the ambition to enable non-banking members to trade cryptocurrencies, TASE is poised to play a pivotal role in the advancement of the cryptocurrency sector.