Crypto Safekeeping Specialist Fireblocks Introduces Non-Custodial Wallet Service

Crypto Safekeeping Specialist Fireblocks Introduces Non-Custodial Wallet Service


Cryptocurrency custody firm Fireblocks is offering its long list of fintech and corporate clients a non-custodial wallet service, so that the end consumers using firms like Revolut and Nubank can entirely control their own assets – something of a market requirement following the blow-ups of various crypto firms last year.

The move frees up fintechs from inherently acting as custodians, and makes it easier for their end users to access exotic crypto offerings such as decentralized finance (DeFi) and other Web3 applications, according to Fireblocks CEO Michael Shaulov.

In the wake of high-profile collapses of crypto firms like Celsius, BlockFi and FTX, the market has shifted, driven by

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