Download the “4 Ways Exchanges Can Create a Competitive Advantage in Today’s Market” cheat sheet As crypto markets continue to grow, there’s never been more competition for exchanges to grow their retail and institutional user bases. To create a competitive advantage against industry stalwarts (like Coinbase, Binance, or Gemini), exchanges must overcome key challenges that impact their ability to scale, offer differentiated products and services, and remain as secure as possible.

Recently, there have been a number of attacks on high-profile centralized exchanges (CEXs) in the digital asset space. We feel it is critical to highlight some of the most common attack vectors in this area so that, in the future, CEXs can adequately protect themselves, their institutional trading partners, and their retail customers.

Blockchain technology continues to grow in prominence, and as it expands, a wide range of businesses are looking to develop digital asset products. At the same time, many startups are launching with digital assets at the center of their businesses. If you are running a digital asset business or building a blockchain product, it’s important to consider what type of custody management solution will best support your business.

Fireblocks offers businesses a broad suite of solutions to meet all of their tokenization needs. The Fireblocks Tokenization Engine — only one part of our ecosystem — is a platform powering the future of financial markets and digital asset ownership. Businesses can use the Tokenization Engine to launch and manage any tokenization solution and securely mint, custody, distribute, and manage tokenized assets.

Fireblocks has joined the Swiss-based Capital Markets and Technology Association (CMTA), an independent association formed by leading participants in the financial, technological, and legal sectors to create common standards around issuing, distributing, and trading securities in the form of tokens using distributed ledger technology (DLT).

The traditional financial industry is saddled with multiple pain points, and I predict that within 15 years, many financial and payment systems will be replaced by a wholesale shift to digital assets. Businesses want to achieve their goals by trading faster, conducting payments faster, cutting expenses, and doing it in a simpler and more secure way.

Regulations are often a welcome signal toward market maturation, acceptance, and assurance for new technologies and financial practices. The European Commission’s “Markets in Crypto Assets Regulation” (MiCA) is no exception. A significant piece of legislation, MiCA has been heralded by some as the end of the “crypto wild west”, bringing crypto-assets, crypto-asset issuers, and crypto-asset service providers under a regulatory framework for the first time.

Fireblocks has launched support for Yellow Card, Africa’s leading stablecoin on/off ramp, to improve cross-border transactions for both businesses and individuals. By integrating the Fireblocks digital asset infrastructure, Yellow Card seeks to remove obstacles for global corporate treasury in accessing African markets by offering secure and effective on-chain solutions.

Today, we are excited to announce our enhanced Browser Extension, providing seamless connectivity to dApps on over 30 EVM blockchains – with the security of Fireblocks MPC-CMP, Governance and Policy Engine, and DeFi threat detection capabilities. The new Browser Extension leverages components from Rabby Wallet open source, enabling customers to enjoy Fireblocks security with the intuitive Rabby interface and expansive dApp connectivity.

At Fireblocks, it’s always been our highest priority to provide the fastest and most diverse range of blockchain support. With a growing list of over 75 supported blockchains, we’re committed to empowering customers to securely custody tokens on the latest chains, and quickly build innovative services for their customers.