"You have a slew of [crypto] companies that either are looking to go public or they need to operate in a way that is within the fintech or traditional financial standards,"
"We believe that we will be able to create a much broader treasury management solution that is kind of full spectrum,"
Fireblocks purchased TRES Finance for $130 million in cash and equity to gain crypto accounting and treasury monitoring capabilities. The acquisition follows Fireblocks’ October buy of Dynamic for around $90 million and builds on Fireblocks’ core business of helping firms hold and transfer digital assets. TRES Finance enables CFOs and accountants to track cryptocurrency holdings, inflows, and outflows across multiple platforms and wallets. Fireblocks lacked a detailed data product for monitoring holdings and plans to create a full-spectrum treasury management solution. Crypto M&A activity rose sharply in 2025 amid renewed optimism for digital assets.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]