Fireblocks

Company Overview

Snapshot

Founded in June 2018 by Michael Shaulov, Idan Ofrat, and Pavel Berengoltz, Fireblocks has grown to over 800 employees. The company has raised a total of $1.04 billion across 7 funding rounds from 32 investors. In January 2026, Fireblocks acquired Tres.finance for an estimated $130 million, expanding its capabilities in financial reporting and regulatory compliance for blockchain activities.

Business overview

Fireblocks provides an enterprise-grade platform for financial institutions to securely transfer and manage digital assets across various exchanges, wallets, custodians, and counterparties. The company's core technology utilizes patent-pending chip isolation security and MPC technology to safeguard digital assets. Fireblocks serves markets involved in cryptocurrency and digital asset management, operating within the Fintech & Insurtech sector, with a focus on financial operations software, DLT & Blockchain, and cryptography.

Strategic signal

In April 2026, Fireblocks launched 'Earn,' a new offering designed to provide institutions with native access to onchain lending. This strategic move signals Fireblocks' commitment to expanding its product suite beyond core security and asset transfer, positioning the company to capture a larger share of institutional engagement in decentralized finance (DeFi) and the broader digital asset ecosystem. It indicates a proactive approach to evolving market demands and a potential for increased revenue streams from new financial services.

Company Intelligence Q&A

What was Fireblocks' most recent acquisition?

In January 2026, Fireblocks acquired Tres.finance for an estimated $130 million. This acquisition aims to integrate Tres.finance's blockchain financial reporting and regulatory compliance capabilities into Fireblocks' platform.

What new product did Fireblocks launch in April 2026?

In April 2026, Fireblocks launched 'Earn,' a new product designed to provide institutions with native access to onchain lending, expanding its offerings in the digital asset space.

When did Fireblocks raise its Series E funding round?

Fireblocks raised its Series E funding round in January 2022. D1 Capital Partners led this round, with participation from Coatue and other investors.

What was Fireblocks' acquisition in October 2025?

In October 2025, Fireblocks acquired Dynamic, an Israeli crypto wallet company, for an estimated $90 million, broadening its platform capabilities.

What was a significant operational change at Fireblocks in February 2023?

In February 2023, Fireblocks undertook a workforce optimization, reducing its staff by 5%.