Enigma Securities, a crypto liquidity provider focused on electronic execution services, announced its new partnership with Fireblocks and its joining of the recently launched Asset Transfer Network. By leveraging Fireblocks’ secure Asset Transfer Network, Enigma can safely and securely transfer digital assets between exchanges, custodians, counterparties and other portfolios, while automating governance policies with approvals based on quorum. Additionally, joining the Fireblocks Network will allow Enigma to make instant settlements with their counterparties, thus increasing the firm’s efficiency in both settlement and quality client relations.
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Launched in early June 2020, the Fireblocks Network is an open and secure network with over 55 institutional members and some of the largest crypto players in the space that allows its users to safely and securely transfer assets on-chain and without taking counterparty risk to Fireblocks.
“Security practices are a key concern for both Enigma and all of our clients,” said Jordan Ettedgui, Head of Trading at Enigma Securities. “We are very pleased to be able to officially join the Fireblocks Network and look forward to the high security standard, as well as the increase in operational efficiency, this partnership will bring.”
Enigma Securities continues to explore every opportunity to improve the quality of its services for the benefit of our clients, which at present includes increased security via the Fireblocks Network.
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