Fireblocks Integrates IOTA EVM

Expanding digital asset options

TL;DR:

Fireblocks has integrated IOTA EVM, allowing institutional and enterprise users to securely store, transfer and manage IOTA tokens and tokenized assets. Fireblocks’ support for IOTA EVM enhances the ecosystem by providing enterprise-level infrastructure for treasury management and many other services ranging from DeFi to GameFi.

Fireblocks, an enterprise platform for managing digital asset operations and building innovative businesses on blockchain, has integrated IOTA EVM. Institutional and enterprise users as well as builders can now use Fireblocks to store and trade IOTA tokens and assets on IOTA EVM via the Fireblocks console and API.

Fireblocks and IOTA are at the forefront of building a new digital economy by supporting a wide range of builders, from small-scale projects to institutional and corporate entities. They share a vision to digitize traditional systems. For this to become a reality, digital assets must be as easily accessible and secure as traditional assets.

Progress at IOTA EVM requires delivering high-quality services to support and foster a growing ecosystem. With the Fireblocks integration, builders and projects can secure their growth and operations.

About Fire Blocks

Fireblocks is an easy-to-use platform to create new blockchain-based products and manage day-to-day digital asset operations. Exchanges, banks, PSPs, lending desks, custodians, trading desks and hedge funds can safely scale their digital asset operations through the Fireblocks Network and MPC-based Wallet infrastructure. Fireblocks, which serves thousands of financial, payments and Web3 organizations, has secured the transfer of more than $6 trillion in digital assets and has a unique insurance policy that covers assets in storage and transportation. Fireblocks’ digital asset infrastructure supports more than 80 protocols and has extensible support for public and private EVMs.

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Institutional IOTA access

Effective immediately, institutional and business users can:

  • Store IOTA tokens in their Fireblocks vault.
  • Securely transfer IOTA tokens to the Fireblocks network.
  • Launch IOTA token support for residential customers with Fireblocks’ REST API.
  • Deploy IOTA tokens in various web3 verticals such as DeFi, NFT marketplaces, GameFi and more.
  • Securely create and transfer tokenized assets.

Credit : cryptonews.net