Ibanera and Fireblocks partner to enhance crypto service offering

By Pavithra R

Ibanera, a global FinTech firm regulated in the United States, Canada, Europe and Singapore has announced partnering with New York-based Fireblocks, an institutional platform for securely moving blockchain-based digital assets.

The Ibanera platform provides account issuance, cross-border transfers, and currency exchange services to corporate and retail customers. Through the partnership, Ibanera’s customers can now leverage the Fireblocks Network to transfer crypto funds in real-time safely. Fireblocks’ technology uses multiparty computation (MPC) and patent-pending chip isolation technology (SGX) to protect users’ private keys, deposit addresses and API keys.

“We are thrilled to have Ibanera join the Fireblocks Network. Providing support for Ibanera gives us the opportunity to extend our secure MPC wallet services to an innovative, licensed provider that services a multitude of industries globally,” said Michael Shaulov, CEO of Fireblocks. 

The soaring adoption of cryptocurrency has led to demand for trusted digital wallet infrastructures that offer efficiencies in payments and managing assets. Fireblocks provides secure rails for funds to be easily transitioned from cold storage or any other storage solution. The platform currently supports 12 blockchain protocols and over 300 tokens.

“Fireblocks is a global leader in digital asset security. Our partnership provides another layer of protection for customers using various cryptocurrencies for cross-border payments and balance transfers,” said Bjorn Snorrason, General Manager of Ibanera.

Founded in 2018, Fireblocks is a provider of enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. It offers an end to end security platform for transferring digital assets. The company streamlines all exchanges, OTCs, counterparties, hot wallets, and custodians into one platform and enables them to securely scale digital asset operations through patent-pending SGX & MPC technology.