Fireblocks Buys Crypto Accounting Platform TRES Platform for $130M
The platform will continue to operate as a standalone product with no changes for existing customers and partners
Crypto News
Fireblocks has purchased crypto accounting platform TRES for $130 million to expand its institutional service offerings. The acquisition provides Fireblocks clients with tax compliance infrastructure as stablecoin settlements exceed hundreds of billions monthly and enterprises run entire treasury operations on-chain.
CEO Michael Shaulov stated that both crypto-native firms and traditional institutions require clear, accurate accounting with full auditability. The combined offering allows customers to manage digital asset operations and access financial intelligence through one secure, compliant platform.
TRES…
