Fireblocks, a leading crypto infrastructure provider valued at $8 billion, has integrated XION, a next-generation Layer-1 blockchain, to broaden institutional access to blockchain technology. This integration enables over 2,400 financial institutions to directly access $XION and join its ecosystem, which aims to simplify blockchain adoption by eliminating the need for wallets, seed phrases, and gas fees.
The Fireblocks platform, which secures over $10 trillion in digital asset transactions, facilitates banks and enterprises in exploring blockchain applications in areas such as payments, loyalty programs, gaming, and tokenization. XION founder Anthony Anzalone highlighted that this partnership accelerates the transition from Web2 to Web3, while Fireblocks' strategy lead, Ezra Solomon, emphasized the integration's role in supporting secure institutional participation in next-generation blockchain ecosystems.
Fireblocks Integrates XION to Enhance Institutional Blockchain Access
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