Fireblocks has shared an update. The company highlighted its role in supporting Deribit, described as the world’s largest crypto options exchange with $150–200 billion in monthly trading volume and roughly 80% market share. According to the post, Deribit’s key challenge has been integrating custodians and onboarding clients, processes that typically require extensive technical work and due diligence for each new relationship. Fireblocks reports that its Off Exchange solution has reduced these operational burdens by saving hundreds of hours on custodian integrations and months of due diligence per onboarding.
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For investors, this case study underscores Fireblocks’ relevance in the high-volume, institutional segment of the digital asset market, particularly in derivatives infrastructure. Demonstrated operational efficiency gains for a leading market participant support Fireblocks’ value proposition as a critical provider of secure, scalable infrastructure in crypto markets. If such efficiencies translate into broader adoption among exchanges and institutional clients, Fireblocks could see strengthened recurring revenue, deeper integration into customer workflows, and an enhanced competitive position in the digital asset infrastructure space. However, the post does not disclose contractual terms, pricing, or customer concentration details, so the direct financial impact remains unspecified.

