Cronos, the Crypto.com-backed non-custodial buying and selling venue and blockchain, has built-in with Fireblocks, an enterprise digital asset infrastructure platform, to boost institutional buying and selling capabilities on its community, based on an announcement Thursday.
The partnership introduces superior custody and digital asset administration for tokenized belongings on Cronos, assembly the wants of monetary establishments and market makers.
Cronos Labs CPO Zain Bacchus mentioned in a press release that the mixing strengthens Cronos’ objective of changing into a worldwide market for cryptocurrencies, shares, sports activities outcomes, and prediction markets.
“Fireblocks offers the institutional infrastructure crucial for market makers and different monetary establishments to connect with the Khronos market construction,” Backus mentioned.
With over $10 trillion in secured digital asset transactions, Fireblocks brings trusted, enterprise-grade options to the Cronos ecosystem.
“Kronos is concentrated on creating a worldwide venue for buying and selling shares, cryptocurrencies, sports activities outcomes, prediction markets, and extra,” mentioned Adam Levine, senior vp, head of company improvement and partnerships at Fireblocks. “By connecting safe digital asset operations to high-performance networks, this integration helps a extra dependable expertise in institutional flows.”
