Global fintech company FIS built a partnership with the cryptocurrency institutional custody startup Fireblocks to offer crypto trading and lending services to its over 6,000 clients. John Avery, FIS Global Product Head for Crypto and Digital
Related: Crypto Custody Fireblocks Raised $133 M in the Series C
Assets said that it makes it easy for the client base to use the Fireblocks platform. The partnership means that clients will have access to Fireblocks’ offerings and make quick, secure, and cheap transfers. In addition to trading, the company offers staking, lending, and decentralized finance (DeFi) services.
Fireblocks signed agreements with companies and products like Compound Treasury and AAVE Arc.
In an interview with Forbes, Fireblocks’ Head of Corporate Strategy Adam Levine revealed that the company is planning to expand in existing markets and enter into new markets like Latin America and South America. He mentioned that the company had some success in Australia and the APEC (Asia-Pacific Economic Cooperation) region.