Fireblocks

HQ Address

New York, NY 10018, United States

Website Address

www.fireblocks.com

Connect with Fireblocks
Business introduction

Securing digital assets in motion

Helping 500+ of the biggest financial institutions securely transfer digital assets

For institutions that need to store and move digital assets without the operational or security headache.

Fireblocks streamlines operations by bringing all your exchanges, OTCs, counterparties, hot wallets, and custodians into one platform. Wallets, deposit addresses, and API credentials are secured using patent-pending chip isolation technology and the newest breakthrough in cryptography (MPC). Institutions are using Fireblocks to move funds securely in seconds – instead of hours.

How it all began
In 2017, the infamous Lazarus Group hacked into four South Korean exchanges and stole $200M of Bitcoin.

Working for the cybersecurity leader Check Point at the time, the would-be founders of Fireblocks were part of the task force that investigated the massive cyber breach.

Two things became obvious during that investigation:
The shift and motivation of cybercriminals from hacking traditional finance to digital assets, and the complexity and the lack of solutions for securing digital assets in an enterprise environment.

Michael, Idan and Pavel each spent the last twenty years transforming how cybersecurity is being applied to mobility, cloud and critical infrastructure so the next obvious challenge was clear, to secure the blockchain. They teamed up to create Fireblocks — an easy to use digital asset security platform that helps financial institutions protect digital assets from theft or hackers by using breakthrough MPC & patent-pending chip isolation technology to secure private keys, API credentials and eliminate the need for deposit addresses.

Fireblocks Solutions

Fireblocks Platform

AML & Compliance Comprehensive KYT & AML Screening Don't let high-risk deposits put your organization in jeopardy. Integrate KYT screening to quickly identify and remove suspicious transactions from your liquidity pool. Detect & reject high-risk transactions Fireblocks automatically screens transactions against pre-defined risk policies created by your compliance team. Depending on whether a transaction......

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