Business Cryptocurrency Currency Exchange Fintech Fintech Funding Investment Services News

Ibanera Partners With Fireblocks to Enhance Crypto Service Offering

EMTECH and The Bank of Ghana Announce Partnership to Deploy Modern Central Sandbox™ to Accelerate Innovation, Provide for a Robust Financial Infrastructure, and Promote Financial Inclusion for the Unbanked and Underbanked

Ibanera, a licensed global fintech company, today announced a partnership with Fireblocks, a leading enterprise-grade platform delivering a secure infrastructure for moving, storing and issuing digital assets.

Read More: Datasite Completes Agreement to be Acquired by CapVest

The Ibanera platform provides account issuance, cross-border transfers, and currency exchange services to both corporate and retail customers. Ibanera customers will now be able to leverage the Fireblocks Network to safely transfer crypto funds in real-time. Fireblocks’ technology uses multiparty computation (MPC) and patent-pending chip isolation technology (SGX) to protect users’ private keys, deposit addresses and API keys.

The rising adoption of cryptocurrency has led to demand for trusted digital wallet infrastructures that offer efficiencies in payments and managing assets. Fireblocks provides secure rails for funds to be easily transitioned from cold storage or any other storage solution. The platform currently supports twelve blockchain protocols and over 300 tokens.

Read More: GlobalFintechSeries Interview with Joshua Levin, Co-founder at OpenInvest

“We are thrilled to have Ibanera join the Fireblocks Network,” said Michael Shaulov, CEO of Fireblocks. “Providing support for Ibanera gives us the opportunity to extend our secure MPC wallet services to an innovative, licensed provider that services a multitude of industries globally.”

“Fireblocks is a global leader in digital asset security. Our partnership provides another layer of protection for customers using various cryptocurrencies for cross-border payments and balance transfers,” said Bjorn Snorrason, General Manager of Ibanera.

Read More: The Rising Online Consumption Curve in Latin America with the Pandemic – and What it Means for Fintechs

Related posts

State of the Fintech Industry and a Look into 2021

Greg Schultz

Independence Works Better Together With The Right Technology

Fintech News Desk

Ostendio Expands MyVCM Auditor Connect Marketplace with A-LIGN Partnership

Fintech News Desk
1