Fireblocks and FIS, two of the biggest names in the digital payments space, will work together to increase the adoption of crypto.
Storage provider Fireblocks and payments giant FIS have partnered to increase crypto adoption. According to a press release by the FIS, the deal will give firms of all types access to the largest crypto trading centers, liquidity providers, lending desks and decentralized (DeFi) applications. FIS capital markets clients will be able to move, store and issue digital assets and access advanced forms of crypto investment. Nasser Khodri, head of capital markets, FIS said:
“As digital currencies become more prevalent, capital markets firms will benefit greatly from a single objective that helps them manage many digital asset classes.”
Fireblocks CEO, Michael Shaulov, made the following statement on the subject:
“The strategic partnership with FIS enables Fireblocks technology to be used in virtually every type of purchase, sale and exchange in traditional assets. will bring it to the institutional institution.”
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