Fireblocks has acquired Dynamic, a development platform utilized by companies like Kraken and Magic Eden, to bolster its on-chain application offerings. This acquisition enables Fireblocks to offer a comprehensive "custody to consumer" technology stack, integrating its security infrastructure with Dynamic's wallet and user onboarding tools. The move aims to simplify digital asset integration for fintech firms and Web3 startups, facilitating services from stablecoin accounts to DeFi transactions. Financial terms of the deal were not disclosed.
Fireblocks Acquires Dynamic to Enhance On-Chain Developer Capabilities
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