Fireblocks' Global Custodian Partner Program will launch this quarter with an initial group of licensed firms based in the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.Cryptocurrency safekeeping specialist Fireblocks plans to establish a limited-purpose trust company under the purview of the New York Department of Financial Services . Pending final regulatory approval, the Fireblocks Trust Company will offer cold-storage custody to U.S.
Fireblocks, which has been purely a software vendor until now, has recognized some clients might need a custodian for regulatory or risk reasons. That said, Fireblocks SVP of partnerships Adam Levine stressed the firm remains committed to innovating with self-custody.
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