New updates have been reported about Fireblocks.
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Fireblocks has agreed to acquire TRES Finance in a deal that transforms the company from a secure digital asset infrastructure provider into a more comprehensive operating system for institutional onchain finance. By integrating TRES’s enterprise-grade accounting, reconciliation, and reporting tools directly into the Fireblocks platform, institutional clients will be able to manage the full lifecycle of digital asset activity—from transaction execution and custody through to audit-ready financial records, tax reporting, and regulatory compliance—all within a single stack. The move targets a clear market need as regulators worldwide tighten standards on digital asset disclosures and as banks, fintechs, and crypto-native firms push to align blockchain activity with existing ERP, ledger, and control frameworks.
Strategically, the acquisition positions Fireblocks to capture a larger share of institutional budgets by extending from front- and middle-office operations into back-office finance and compliance. TRES, which already supports more than 200 organizations and monitors over $235 billion in assets, brings technology that structures complex, multi-chain transaction data into accurate, contextualized records across more than 280 blockchains, exchanges, banks, and custodians. Fireblocks CEO Michael Shaulov framed the deal as a way to let customers run both operational workflows and financial reporting on one secure, compliant platform, while TRES CEO Tal Zackon emphasized the opportunity to scale its record-keeping capabilities globally under the Fireblocks umbrella. For Fireblocks, which reports having secured more than $10 trillion in digital asset transactions for thousands of institutional clients, the combined platform is designed to give stakeholders greater confidence in operating onchain at scale, strengthen regulatory readiness, and reinforce the company’s role as core infrastructure as digital assets become embedded in day-to-day financial operations.

