Enigma Securities partners with Fireblocks; joins its Asset Transfer Network

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 UK-based crypto liquidity provider, Enigma Securities announced a new partnership with Fireblocks today by joining its recently launched Asset Transfer Network. This will allow Enigma to transfer digital assets between exchanges, custodians, counterparties and other portfolios while automating governance policies with approvals based on quorum. The Fireblocks Network will enable the firm to make instant settlements with their counterparties.

“Security practices are a key concern for both Enigma and all of our clients,” said Jordan Ettedgui, Head of Trading at Enigma Securities. “We are very pleased to be able to officially join the Fireblocks Network and look forward to the high-security standard, as well as the increase in operational efficiency, this partnership will bring.”

Fireblocks Network was launched in early June 2020. It is an open and secure network with around 55 institutional members and crypto players that allows its users to securely transfer assets on-chain and without taking counterparty risk to Fireblocks.

“We’re excited to welcome Enigma to the Fireblocks Network to help further bolster the efficiency and the security for their customers,” said Michael Shaulov, CEO of Fireblocks. “Each time we add a new member like Enigma to the Fireblocks Network, business opportunities for each other member on the Network increase significantly. With over 60 institutions onboarded today, each new member added is a step closer to a fully secure and connective institutional asset trading ecosystem.”