Fidelity-backed OTC desk Fireblocks completes $16 million Series A
Fireblocks, a crypto firm focused on OTC desk transfers, has completed a $16 million Series A funding round backed by Tenaya Capital, Eight Rounds, and Cyberstarts. Fireblocks purports to be a "secure highway" for crypto transfers between wallets, particularly for OTC desks. The firm uses multiparty computation (MPC), an unhackable private key transfer system.
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