Fireblocks Acquires Dynamic to Expand On-Chain Developer Stack

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Digital asset infrastructure firm Fireblocks has acquired Dynamic, a developer platform used by companies such as a certain exchange, a certain NFT marketplace and Ondo Finance, to accelerate enterprise adoption of onchain applications.

The deal creates what Fireblocks calls the first complete custody-to-consumer stack, combining its security infrastructure with Dynamic’s wallet, authentication, and user onboarding tools, according to an announcement on Thursday.

Financial details of the acquisition have not been disclosed. Fireblocks declined to share these when contacted.

Fireblocks, which secures over $4 trillion in digital asset transfers annually, specializes in secure custody, using MPC technology and a settlement network for institutions.

Its key competitors in the institutional custody and infrastructure space include certain platforms and traditional finance (TradFi) firms.

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BearMarketMonkvip
· 4h ago
Oh dear, the big fish eats the small fish.
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WenAirdropvip
· 7h ago
Another acquisition. Is there an Airdrop?
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potentially_notablevip
· 7h ago
This acquisition is powerful, wow!
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TerraNeverForgetvip
· 7h ago
What is the merger and acquisition about?
View OriginalReply0
ImpermanentPhilosophervip
· 7h ago
Another capital acquisition operation, who cares.
View OriginalReply0
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