Timechain and Fireblocks Network Tandem for Mutual Expansion

On March 15, Timechain announced that it is joining the Fireblocks network to increase its institutional-grade exposure. As a result, Timechain will be able to reach hundreds of institutional network participants including major global banks, OTCs, asset managers, liquidity providers, and hedge funds.

Timechain’s CEO Louis Cléroux said the partnership allows the company to scale up the business and provide an “ultra-secure” product.

This partnership allows us to offer our customers an ultra-secure product, and will give us the opportunity to scale up our business in the future. (…) This is an important step in the growth of our company. We will also be able to continue our efforts to educate the general public about the world of cryptocurrency.

Meanwhile, Fireblocks CEO and Co-Founder Michael Shaulov shared the company’s excitement in expanding its footprint in Canada. Shaulov added that the integration with Timechain will enable Fireblocks to secure the assets of Timechain’s customers in the region.

“By allowing customers the ability to leverage the security of the Fireblocks infrastructure, Timechain will be able to expedite the introduction of new tools while growing the roster of digital assets it can support,” Shaulov said. 

Timechain is a well-respected Canadian firm that specializes in the management of digital assets and decentralized finance (DeFi) services. The ecosystem provides more trading and financial tools than other Canadian cryptocurrency service providers.

Additionally, the TimeChainSwap distributed exchange aggregator combines liquidity across multiple ecosystems and networks which achieves a significant degree of interoperability.

Meanwhile, Fireblocks is the leading digital asset security platform in the cryptocurrency and blockchain industry. It helps institutional clients keep digital assets safe by securing API credentials, private keys, and removing the need for deposit addresses. Furthermore, its integration with Timechain introduces rails to access decentralized finance options and solutions for crypto asset management.