Fireblocks has acquired BlockFold, a smart contract firm that specializes in tokenization projects for financial institutions.
Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Fireblocks has acquired BlockFold, a smart contract development and consulting firm that specializes in tokenization projects for financial institutions.
"Bringing BlockFold’s expertise in-house means that we can better serve tier-1 financial institutions to quickly and seamlessly bring tokenization projects into production and new assets onto the blockchain," Shaulov added.Fireblocks said tokenization is reinvigorating the legacy processes used in banking and financial markets infrastructure. The digital asset technology firm said they've seen demand in tokenization projects increase by 350% between 2022 and 2023.
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