Fireblocks has announced the acquisition of crypto accounting platform TRES Finance for $130 million in a cash and equity deal. This marks Fireblocks' second acquisition in recent months, following its purchase of Dynamics for $90 million in October. The acquisition aims to enhance Fireblocks' offerings by providing enterprise clients with comprehensive financial management solutions. TRES Finance, founded in 2022, assists corporate finance executives in tracking crypto asset flows across various platforms and wallets. Its clientele includes CoinFund, Nansen, and the Phantom wallet team. TRES recently completed an $11 million funding round, with the acquisition price exceeding its latest valuation.
Fireblocks Acquires TRES Finance for $130 Million
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