Fireblocks Acquires Dynamic to Expand On-Chain Developer Stack
Fireblocks acquired Dynamic to integrate its consumer wallet and onboarding tech, creating an end-to-end onchain platform.Summary
Digital asset infrastructure firm Fireblocks has acquired Dynamic, a developer platform used by major companies, to accelerate enterprise adoption of onchain applications. The acquisition unites Fireblocks’ institutional custody infrastructure with Dynamic’s consumer wallet, authentication, and user onboarding tools, creating what Fireblocks calls the first complete custody-to-consumer stack for on-chain finance. Fireblocks CEO Michael Shaulov stated that this combination offers the industry the complete stack, from custody to consumer. The deal aims to help fintechs, payment providers, and Web3 startups embed digital assets into their products without complex infrastructure builds. Financial details of the acquisition were not disclosed.
(Source：CoinDesk)