Overview
- Fireblocks confirmed it bought Dynamic to offer what it calls a complete on-chain finance stack spanning custody to consumer applications.
- The combined platform will merge institutional custody, MPC-based security and a settlement network with wallet, authentication and user onboarding tools.
- CEO Michael Shaulov said the companies now provide “the complete stack for on-chain finance, from custody to consumer.”
- Financial terms were not disclosed, and Fireblocks declined to share details when asked by CoinDesk.
- Dynamic’s developer platform is used by clients such as Kraken, Magic Eden and Ondo Finance, positioning Fireblocks against BitGo, Copper, Anchorage Digital and TradFi custodians.