Company News

Asset Reality integrates with Fireblocks for digital Asset custody

Author
Lo Furneaux
Marketing - Associate

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Asset Reality is excited to announce a new tech integration with Fireblocks, an enterprise-grade platform used by thousands of prominent financial institutions around the world to manage digital asset operations and build innovative businesses on the blockchain. 

Fireblocks was the first company in the world to achieve a Cryptocurrency Security Standard (CCSS) Qualified Service Provider Level 3 certification and has successfully secured the transfer of over US$4 trillion in digital assets.

Thanks to a combination of cutting-edge technology and an uncompromising focus on security, they have a proven track record of deploying over 130 million wallets and have successfully secured assets for more than 1,800 customers, making them one of the most reliable solutions in the market.

Fireblocks’ use of breakthrough multi-party computation (MPC-CMP) technology, alongside advanced encryption techniques and real-time threat monitoring, means their battle-tested infrastructure guarantees that private keys and API credentials remain completely secure, even in the face of sophisticated cyber threats. 

Commenting on the integration, our co-founder & CEO Aidan Larkin says:

“Choosing which custody option you use to store your seized digital assets is incredibly complex and often based on the unique circumstances of each individual case. Our asset management platform plays a crucial role in serving both government agencies and private companies. These organisations have distinct requirements, so it’s key that our seized asset management platform has a diverse range of custody options available.”
“Fireblocks is utilised by some of the biggest financial institutions globally, including BNY Mellon, BNP Paribas, Revolut and ABN AMRO, which is a strong endorsement of their credentials in this space. Adding them to our range of custody options ensures our users have access to world-leading security solutions.”

Stephen Richardson, Managing Director, Financial Markets at Fireblocks, commented, 

“Fireblocks is delighted to work with Asset Reality by providing our enterprise-grade multi-layer security technology to ensure that seized assets are also appropriately safeguarded. This includes providing a zero counterparty risk environment, as well as eliminating internal and external attack vectors so that Asset Reality’s users, including government and law enforcement agencies, can effectively recover and manage seized assets.”

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We are delighted to add Fireblocks to the range of custody options available on our seized asset management platform, ensuring that our users have access to advanced security solutions that meet their current needs and set them up for success in the future by remaining at the forefront of critical technology advancements.

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Asset Reality

Making seized asset management simpler, more effective and more impactful.

With less than 1% of criminals’ assets recovered globally, our mission is to bridge the gap in global Asset Forfeiture by providing the world’s first comprehensive and efficient solution for seizing, managing, and liquidating Physical and Digital assets.

Millions of users and thousands of agencies around the world struggle with spreadsheets and legacy IT systems and the price of getting it wrong means more harm in society, less funding for public services and non-compliance with international standards.

By maximising the value of seized assets and returning proceeds to victims and society, we aim to contribute to a safer and more just world.

If you want to know more about our solution to streamline seized asset recovery & management, please contact press@assetreality.com or visit the Asset Reality website.

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Fireblocks

Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves thousands of financial institutions, has secured the transfer of over $4 trillion in digital assets, and has a unique insurance policy that covers assets in storage and transit. Some of the biggest trading desks have switched to Fireblocks because it's the only solution that CISOs and Ops Teams both love. 

For more information, please visit www.fireblocks.com 

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