Fireblocks Partners with CloudTech, Zodia Custody, Zerocap, Rakkar, and Komainu for Global Custodian Program

Fireblocks
has
officially
announced
the
first
partners
for
its
Global
Custodian
Partner
Program,
including
CloudTech
Group,
Zodia
Custody,
Zerocap,
Rakkar,
and
Komainu.
This
initiative
aims
to
address
the
evolving
regulatory
landscape
surrounding
digital
assets
by
providing
institutions
with
access
to
licensed
digital
asset
custodianship
tailored
to
their
specific
regulatory
jurisdictions.

Introducing
the
Custodian
Partners

According
to

Fireblocks,
the
selected
custodian
partners
bring
a
wealth
of
expertise
and
trusted
services
crucial
for
meeting
the
increasing
regulatory
and
security
demands
faced
by
new
digital
asset
operators.
The
collaboration
with
these
industry
leaders
will
provide
unparalleled
access
to
licensed
custodians,
self-custody
wallets,
liquidity
pools,
exchanges,
and
other
essential
digital
asset
services
on
a
global
scale.

About
the
Fireblocks
Global
Custodian
Partner
Program

The
Fireblocks
Global
Custodian
Partner
Program
is
a
response
to
the
rapid
growth
of
the
cryptocurrency
market,
which
has
more
than
doubled
in
the
past
year,
reaching
a
market
capitalization
of
$2.2
trillion.
This
growth,
coupled
with
clearer
regulatory
guidelines,
has
fueled
the
demand
for
safe,
segregated,
and
professional-grade
custodial
solutions.

The
program
is
designed
to
streamline
digital
asset
operations
for
existing
and
future
Fireblocks
customers
by
providing
a
single,
easy-to-use
platform
that
connects
them
with
local,
licensed
custody
partners.
These
partners
are
powered
by
Fireblocks
across
various
global
regions,
including:

• United
  States
• United
  Kingdom
• Australia
• Singapore
• Hong
  Kong
• Thailand
• Ireland
• Luxembourg
• New
  Zealand
• Japan
• United
  Arab
  Emirates

The
Fireblocks
Network,
an
institutional-grade
digital
asset
transfer
platform,
further
enhances
the
program
by
enabling
rapid
digital
asset
transactions
and
dynamic
payment
workflows.
Customers
can
securely
transact
with
thousands
of
trusted
counterparties
and
access
the
vast
ecosystem
of
decentralized
applications
from
a
single
platform.

Implications
for
the
Digital
Asset
Industry

This
partnership
program
is
expected
to
significantly
impact
the
digital
asset
industry
by
providing
institutions
with
the
necessary
tools
and
services
to
navigate
the
complex
regulatory
environment.
By
ensuring
secure
and
compliant
digital
asset
custodianship,
Fireblocks
and
its
partners
aim
to
foster
greater
confidence
and
adoption
of
digital
assets
among
institutional
investors.

As
the
digital
asset
market
continues
to
evolve,
initiatives
like
the
Fireblocks
Global
Custodian
Partner
Program
will
play
a
crucial
role
in
shaping
the
future
of
the
industry,
providing
the
infrastructure
needed
for
secure
and
efficient
digital
asset
management.

Image
source:
Shutterstock