Fireblocks teams up with FIS in capital markets crypto push

Custody platform Fireblocks and payments giant FIS have inked a partnership to accelerate crypto adoption in capital markets.

FIS said in a press release that the deal will enable firms of all types to access the largest crypto trading venues, liquidity providers, lending desks and decentralized finance (DeFi) applications. 

“As digital currencies become more mainstream, capital markets firms will greatly benefit from a single destination that helps them manage many classes of digital assets,” said Nasser Khodri, head of capital markets at FIS.

In practice, FIS capital markets clients will be able to move, store and issue digital assets. They'll gain access to self-custody digital asset wallet technology, an asset transfer network and tools to access staking, DeFi and other more advanced forms of crypto investing.

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