Introduction
Fireblocks was founded in 2018 by Idan Ofrat Michael Shaulov and Pavel Berengoltz. It has its headquarter in New York, United States and has offices in US, UK, Israel, Hong Kong, Singapore, Germany, France, and Switzerland.
Fireblocks is a platform that protects digital assets in transit, focusing on protecting the transmission of customers' digital assets between exchanges, counter brokers, hot wallets, and cold stores.
Fireblocks enables banks, fintech, exchanges, liquidity providers, OTCs, and hedge funds to securely manage digital assets across a wide range of products and services. The technology consists of the Fireblocks Network and MPC-based Wallet Infrastructure.
Mission
Enable every business to easily and securely support digital assets and cryptocurrencies.
Why Fireblocks?
Fireblocks provides an all-in-one platform which helps in building, running and scaling the digital asset business using it’s next generation security.
Funding
Fireblocks has raised a total of $1B in funding over 5 rounds and is funded by 28 investors.
Below, are the details of the different rounds of funding received by Fireblocks.
Funding Round | Money Raised | Number of Investors | Lead Investors |
Series A | $16M | 5 | Cyberstarts
Eight Roads Ventures
MState
Tenaya Capital |
Series B | $30M | 7 | Paradigm |
Series C | $133M | 10 | Coatue
Ribbit Capital
Stripes |
Series D | $310M | 8 | Coatue DRW Venture Capital SCB 10X Sequoia Capital Spark Capital Stripes |
Series E | $550M | 10 | D1 Capital Partners
Spark Capital |
Acquisitions
Fireblocks has acquired First.
