Fireblocks Infrastructure Cited as Enabler of Luno’s 200% Crypto Asset Expansion

According to a recent LinkedIn post from Fireblocks, crypto platform Luno has reportedly expanded its coin and token offering by 200% while improving uptime and operational performance by using Fireblocks’ infrastructure. The post describes Luno’s prior challenges with inconsistent uptime and legacy multi-signature technology that was seen as insufficient for its expansion and partner-integration plans.

The company’s LinkedIn post highlights that Fireblocks’ multi-party computation (MPC) wallet infrastructure is being used by Luno to scale securely, integrate staking providers, and connect to more than 1,800 businesses via Network Link for direct settlement. The post also cites comments from Luno’s Head of Global Sales suggesting Fireblocks’ focus on security, compliance, and regulation enhances Luno’s credibility and positions Fireblocks as a central infrastructure provider in digital assets.

According to the post, Luno has reduced settlement times from an estimated 3–5 business days using traditional rails to minutes, at a lower cost, by leveraging Fireblocks’ infrastructure. For investors, this suggests that Fireblocks’ technology may be gaining traction among regulated or compliance-focused crypto platforms, potentially supporting higher recurring revenues from infrastructure services and strengthening its competitive position in digital-asset custody and settlement.

If similar institutions adopt comparable setups, Fireblocks could benefit from network effects around its 1,800+ business connections, making its Network Link more valuable as a settlement hub. At the same time, the post underscores ongoing demand for secure, scalable infrastructure in the digital-asset space, which could provide a tailwind to Fireblocks’ long-term growth prospects, while also highlighting execution and regulatory risks tied to broader crypto market cycles.