April 21, 2025
Blockchain

Fireblocks generates $100 million in annual revenue

  • September 12, 2022
  • 0

Castidal crypto company Fireblocks has announced that it has reached $100 million in annual revenues. This corresponds to the “centaur” status. “Based on a vision that allows every

Fireblocks generates 0 million in annual revenue

Fireblocks generates $100 million in annual revenue
Fireblocks generates $100 million in annual revenue

Castidal crypto company Fireblocks has announced that it has reached $100 million in annual revenues. This corresponds to the “centaur” status.

“Based on a vision that allows every company to easily and securely hold digital assets and cryptocurrencies, Fireblocks’ explosive growth is paralleled by a strong interest in decentralized finance, blockchain and Web3 technologies from the world’s largest banks, consumer brands, games. . projects, fintech companies and start-ups. “, Fireblocks said in a statement.

According to Mikhail Shaulov, the company’s co-founder and CEO, 2022 was a time of consolidation for the crypto industry.

“We have seen an unprecedented amount of new market entry, including fintech companies, Web3 startups, banks and liquidity providers,” he said.

According to Fireblock, the platform has more than 1,500 customers, including both startups and established companies. Among the newest: NP Paribas, Six Digital Exchange, ANZ Bank, FIS, Checkou.com, MoonPay, Animoca Brands, Wire and others.

Recall that in January, Fireblocks raised $550 million in its Series E funding round. Investors valued the company at $8 billion.

In August, the firm added support for DeFi applications and Solana-based NFTs for users and developers. In September, it was revealed that blockchain is the leader in the segment in terms of transaction volumes.

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Source: Fork Log

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