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Crypto.com Expands Institutional Reach With Fireblocks Integration

Fireblocks’ network includes liquidity providers, OTCs, hedge funds and digital asset managers.

Updated Sep 14, 2021, 1:12 p.m. Published Jun 17, 2021, 1:00 p.m.
Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat.
Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat.

Crypto custody provider Fireblocks has integrated the cryptocurrency exchange Crypto.com into its network, giving the exchange access to institutional players in the space.

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  • Fireblocks’ network, which was launched in June of last year, includes a number of global banks, liquidity providers, over-the-counter desks, hedge funds and digital asset managers such as Binance, Bitfinex, Coinbase and FTX.
  • “Being on board the Fireblocks network will allow Crypto.com to increase the company’s institutional trading volume, and overall presence at a global level,” said Eric Anziani, COO of Crypto.com.
  • According to Fireblocks, its network has grown 627% since launch, includes over 400 participants and currently exceeds over $700 billion in transfer volume. Its members will have exchange connectivity and instant settlement through Crypto.com.
  • In May, Fireblocks raised $133 million to serve megabanks with crypto custody. The Series C funding round was led by Coatue Management with participation from BNY Mellon, Ribbit Capital and Stripes.

Read more: Fireblocks Raises $133M to Serve More Megabanks With Crypto Custody

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Bitcoin and ether volatility trading gets easier with Polymarket's new contracts

Poker chips (AidanHowe/Pixabay)

Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices.

What to know:

  • Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices, allowing users to bet on how high volatility will get in 2026.
  • The contracts pay out if volatility indices reach or exceed a preset level by Dec. 31, 2026, letting traders wager on the intensity of price swings rather than market direction.
  • Early trading implies roughly a one-in-three chance that bitcoin and ether volatility will nearly double from current levels.