Crypto staking platforms empower investors to earn passive income through participating in blockchain networks. In recent years, these platforms have evolved from simple validator nodes to sophisticated financial infrastructure, processing billions in staked assets. This shift represents a fundamental change in the cryptocurrency landscape as it moves from pure speculation to productive asset utilization.

At our most recent Fireblocks Network Open House in London, we hosted a panel featuring Fireblocks CEO Michael Shaulov, Ownera CEO Ami Ben-David, and Archax Chief Revenue Officer, Nick Donovan. In the panel, we discussed our new partnership with Ownera, a provider of interoperability technology and transaction orchestration using routers; together, we’re enabling financial institutions to distribute, access and trade tokenized securities on the Fireblocks Network.

Today, we’re excited to announce that Fireblocks has expanded our blockchain support with the addition of Unichain – a Superchain L2 built by Uniswap Labs that’s designed to be the home for DeFi and liquidity across chains. At Fireblocks, we are committed to continually delivering the fastest blockchain support and building secure solutions to access and trade across DeFi platforms.

Secure access to the latest blockchains and their features is a core focus at Fireblocks, thereby empowering our customers to take advantage of new market opportunities and enhance their offerings. In the past year alone, we’ve added support for over twenty new blockchains, helping thousands of digital asset businesses to grow their revenue and expand their reach.

This year’s Money 20/20 event brought industry leaders together to discuss the latest in payments and fintech. Many conversations at the event underscored certain key trends that are rapidly shaping the payments landscape. The shift in the types of conversations around stablecoins happening today is undeniable – the question has moved beyond “Why stablecoins?” to “How do we do this today?” Here are three major takeaways from this year’s event.

This January, the EU’s Digital Operational Resilience Act (DORA) will come into force, along with a number of other EU crypto regulations, and it is poised to usher in a new era for technology providers – in both the traditional and digital asset markets. Fireblocks is ready for this transition, and we’ve been helping our clients prepare for the new digital asset regulations in recent months as the deadlines approach.

SCB 10X, the disruptive technology investment and innovation arm of SCBX Group, has launched Rubie Wallet, a digital wallet application designed to facilitate seamless QR payments using USDC and THBX (Thai Baht Stablecoin). Its key activation will be for foreign visitors attending DevCon 2024 in Bangkok. The stablecoin was developed in collaboration with Elliptic, Circle, Base, SCB, and InnovestX, with Fireblocks providing Wallets-as-Service infrastructure for the platform.

Fireblocks, an easy-to-use platform to manage all digital asset operations and build innovative businesses on the blockchain, is working with payments solution Borderless.xyz to create the next generation of fiat-to-crypto rails.

We’re excited to announce that Trident, a leading, institutional-grade service provider in the digital asset space, has chosen Fireblocks as a key technology partner to power its diverse range of services.

When we first announced our plans to build Fireblocks Automation in April 2024, we set out to tackle a seemingly mundane yet crucial challenge for our customers. Our goal was to mitigate the manual, repetitive, time-consuming, and error-prone blockchain payment and crypto trading operations that were hindering businesses from easily scaling their operations as they expanded across geographies and add new product offerings.