【CoinPush】Blockchain infrastructure company Fireblocks is making frequent moves. The latest news is that they have invested $130 million to acquire the cryptocurrency accounting platform TRES Finance, using a hybrid payment method of cash and equity. This is their second acquisition in three months — earlier, they acquired the crypto wallet startup Dynamic for $90 million.
Fireblocks’ main business is helping enterprises securely manage and transfer digital assets. These two acquisitions seem to be expanding along the asset management supply chain upstream and downstream. Fireblocks, which was valued at $8 billion during a 2022 funding round, is building an increasingly complete Web3 enterprise service ecosystem through frequent mergers and acquisitions. From asset transfer to wallet management, and then to financial accounting, the underlying logic of this strategy is clear — to master the entire lifecycle management of enterprise digital assets.
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MEVHunter
· 01-10 11:42
Bro, I have to say... Fireblocks is building a complete enterprise-level arbitrage pipeline, from gas optimization to financial accounting, providing an all-in-one service. Amazing.
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CryptoFortuneTeller
· 01-10 07:30
Fireblocks is aiming to monopolize the entire Web3 enterprise services sector, pretty impressive.
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GamefiHarvester
· 01-09 23:49
Spending money like crazy to buy, buy, buy—are they really aiming to monopolize the enterprise-level track?
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GhostAddressHunter
· 01-07 14:33
It's Fireblocks again. This guy is really on a buying spree, making two acquisitions in just three months. It seems he's aiming to dominate the entire industry chain.
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GasFeeCrybaby
· 01-07 14:32
Buying, buying, and buying again. Fireblocks is aiming to monopolize the entire enterprise ecosystem.
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GasFeeCrier
· 01-07 14:22
$220 million invested, Fireblocks is really playing a big game, and the ecosystem integration approach is quite aggressive.
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LiquidatorFlash
· 01-07 14:16
Spending $220 million in three months, this fundraising is a bit rushed... Extending from asset management to the accounting track, the risk control chain is complete, but the valuation has dropped from $8 billion to now still engaging in疯狂 acquisitions, we need to watch out for the liquidation threshold.
Blockchain infrastructure leader makes a move again in three months, investing $130 million to expand into the crypto accounting sector
【CoinPush】Blockchain infrastructure company Fireblocks is making frequent moves. The latest news is that they have invested $130 million to acquire the cryptocurrency accounting platform TRES Finance, using a hybrid payment method of cash and equity. This is their second acquisition in three months — earlier, they acquired the crypto wallet startup Dynamic for $90 million.
Fireblocks’ main business is helping enterprises securely manage and transfer digital assets. These two acquisitions seem to be expanding along the asset management supply chain upstream and downstream. Fireblocks, which was valued at $8 billion during a 2022 funding round, is building an increasingly complete Web3 enterprise service ecosystem through frequent mergers and acquisitions. From asset transfer to wallet management, and then to financial accounting, the underlying logic of this strategy is clear — to master the entire lifecycle management of enterprise digital assets.