DIGITAL ASSETS
CREDIT: FIREBLOCKS
( Above, from left to right) Michael Shaulov, CEO and Co-Founder
Pavel Berengoltz, VP R & D and Co-Founder Idan Ofra, CPO and Co-Founder
Fireblocks, founded in 2018, specialises in enterprise-grade wallet infrastructure and digital asset security for institutions. The company developed its Multi-Party Computation( MPC) technology to eliminate single points of failure in private key management, distributing key fragments across multiple parties rather than storing complete keys in one location.
This approach addresses one of institutional investors’ primary concerns: custody security without sacrificing operational flexibility. Fireblocks serves banks, exchanges, hedge funds and financial institutions, providing the underlying infrastructure for digital asset custody, treasury operations, and payment processing.
The platform supports transfer of assets across multiple blockchain networks through a unified interface, simplifying the technical complexity institutions face when managing diverse digital asset portfolios.
The company has raised substantial venture capital funding and achieved unicorn status, reflecting investor confidence in institutional infrastructure demand. Fireblocks maintains compliance programmes aligned with regulatory requirements across different jurisdictions, including SOC 2 Type II certification. The company has not experienced any security breaches of customer funds since its founding, a critical track record for institutional adoption in an industry where custody failures have resulted in billions in losses.
146 December 2025