Fireblocks expands connectivity by joining forces with Coinbase International Exchange
Fireblocks, a digital asset custody and transfer company, just announced an expansion of its exchange connectivity by blending its support for Coinbase International Exchange.
Retail and institutional clients of Fireblocks will have an improved ability to manage their futures and spot trading investments. The blending of support also makes the transactions safer and more secure.
By connecting their Coinbase International Exchange accounts to the Fireblocks Network, users can now access and use Fireblocks’ advanced governance and policy rules. These robust security measures are designed to protect their exchange operations, including withdrawals and deposits, providing a reassuring level of safety.
Usman Naeem, CEO of Coinbase International Exchange, said, “As we continue to expand our offerings for institutional and retail clients, this collaboration underscores our commitment to providing a robust and reliable trading infrastructure for our global clientele.”
Coinbase International Exchange is a platform designed to extend access to crypto for those outside the United States. It offers liquidity, trading structures, and regulation and is a household name in global crypto markets.
Fireblocks now has better management and security
The integration with Coinbase International Exchange provides several benefits to Fireblocks customers, like enhanced management and security of exchange operations. Fireblocks’ Policy Engine configures user roles, governance policies, and approval workflows for exchange transactions, preventing unauthorized fund transfers.
Customers now can securely handle funding, rebalancing, and transfers. They can deposit, withdraw, and transfer assets between connected exchanges. This will help minimize risks related to whitelisting exchange deposit addresses, thus enhancing security and effectiveness.
This collaboration enhances the security of international exchange operations and aligns with the broader goal of expanding access to crypto markets globally. Partnerships like this are crucial for ensuring a secure and reliable trading environment for future crypto customers.
