Crypto safekeeping firm Fireblocks is introducing a new suite aimed at empowering startups with blockchain-based tools. Fireblocks, known for building decentralized apps and managing crypto operations, has launched Fireblocks for Startups. This new tool is designed to help startups develop blockchain-based products effectively.

The Fireblocks for Startups suite offers a range of blockchain infrastructure features. Services include treasury management, custody wallets-as-a-service, and embedded wallets. These features enable startups to manage their day-to-day treasury operations in crypto, connect to trading platforms, and access decentralized finance. Additionally, it allows product builders to create non-custodial key management solutions, giving them control over their wallets.

Fireblocks co-founder Idan Ofrat emphasizes the importance of security for startups. He notes that many successful projects tend to focus solely on maintaining front-end stability while neglecting security during periods of hypergrowth. This new tool aims to address such security concerns effectively.

Founded in 2018 by Michael Shaulov, Pavel Berengoltz, and Idan Ofrat, Fireblocks offers blockchain firms a suite of products and services designed to provide infrastructure for managing digital assets.

Fireblocks has raised over $1 billion in funding from investors, including Cyberstarts, Tenaya Capital, and Eight Roads. The company continues to innovate and provide robust solutions for the blockchain and crypto industry.

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