Fireblocks Integrates Coinbase International Exchange for Enhanced Trading

Fireblocks
has
announced
a
significant
expansion
of
its
exchange
connectivity
by
integrating
with
Coinbase
International
Exchange.
This
development
is
set
to
provide
both
institutional
and
retail
clients
with
access
to
perpetual
futures
and
spot
trading
features
in
eligible
jurisdictions,
according
to

Fireblocks.

About
Coinbase
International
Exchange

Coinbase
International
Exchange,
a
regulated
entity,
aims
to
broaden
the
availability
of
crypto
derivatives
to
institutions
and
professional
traders
outside
the
United
States.
This
includes
hedge
funds,
proprietary
trading
firms,
and
family
offices,
offering
them
deep
liquidity
and
a
robust
trading
infrastructure.
The
exchange
operates
under
stringent
regulatory
frameworks
and
complies
with
local
regulations
where
applicable.

With
advanced
APIs,
liquidity
incentives
for
high-volume
users,
and
a
growing
list
of
tradable
assets,
Coinbase
International
Exchange
seeks
to
enhance
trust
and
security
in
global
crypto
markets.
Usman
Naeem,
CEO
of
Coinbase
International
Exchange,
stated,
“As
we
continue
to
expand
our
offerings
for
institutional
and
retail
clients,
this
collaboration
underscores
our
commitment
to
providing
a
robust
and
reliable
trading
infrastructure
for
our
global
clientele.”

Benefits
of
the
Coinbase
International
Exchange
Integration

The
integration
with
Coinbase
International
Exchange
on
the
Fireblocks
Network
brings
several
advantages,
including
improved
management
and
security
of
exchange
operations.

Governance
Controls
for
Exchange
Operations

The
Fireblocks
Policy
Engine
allows
customers
to
set
user
roles,
governance
policies,
and
approval
workflows
for
deposit
and
withdrawal
operations.
This
feature
is
designed
to
protect
against
unauthorized
fund
movements
from
an
exchange
account.

Secure
Funding,
Rebalancing,
and
Transfers

Customers
can
effortlessly
deposit,
withdraw,
and
rebalance
across
connected
exchanges,
Fireblocks
wallets,
Network
counterparties,
and
whitelisted
addresses
using
the
Fireblocks
Console
or
API.
This
functionality
helps
mitigate
risks
associated
with
whitelisting
exchange
deposit
addresses.

Monitor
Account
Balances

The
Fireblocks
Console
offers
a
unified
view
of
all
connected
accounts,
enabling
customers
to
easily
monitor
assets,
balances,
and
transactions.
Additionally,
Fireblocks
employs
Multi-Party
Computation
(MPC)
to
eliminate
single
points
of
compromise
from
API
credentials
and
secure
hardware
enclaves,
ensuring
the
safety
of
exchange
credentials
during
storage.

Furthermore,
exchanges
can
benefit
from
Network
Link,
a
tool
designed
to
accelerate
the
number
of
supported
exchanges
and
trading
venues
on
the
Fireblocks
Network.
This
tool
facilitates
faster
and
easier
integration
for
third-party
providers,
allowing
participants
to
discover,
connect,
and
securely
transact
with
their
solutions.

Image
source:
Shutterstock

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