The platform for the security of digital assets Fire blocks announced that will add Fred Ehrsam to its board of directors following a recent funding round.
In a November 18 statement, Fireblocks announced that Ehrsam, co-founder of Cryptocurrency Exchange Coinbase, will join the company as a board member after a $ 30 million round of funding to expand its global operations. Ehrsam left Coinbase in 2017 and co-founded the crypto investment company Paradigm.
“Fireblocks have become the benchmark for any company looking to build new digital assets or scale existing ones.”Said Honest.
“The extraordinary growth of the Fireblocks network and its team over the past year confirms the tremendous value they have unlocked for corporate and institutional clients.”
This year, Fireblocks has launched its Secure Asset Transfer NetworkThis enables the institutions to transfer assets in the chain more efficiently. The platform recently announced that it has generated more than $ 150 billion in transferred assets since 2019.
Companies like Revolut, Celsius, BlockFi, PrimeTrust, Genesis and Nexo have expanded or introduced new digital asset services Using Fireblocks’ Crypto Wallet Infrastructure.