Fireblocks Partners with Galaxy and Bakkt to Expand Institutional Crypto Custody
Fireblocks Trust Company announced a partnership with several major crypto firms to expand custody services for institutional investors.
The New York-regulated custodian is working with Galaxy Digital, Bakkt, FalconX, and Castle Island to meet growing demand for secure digital asset storage.
The partnership comes as traditional financial institutions increasingly want regulated ways to hold cryptocurrencies. Fireblocks Trust Company operates under oversight from the New York Department of Financial Services (NYDFS), giving it the regulatory credentials that banks and investment firms require.
Why This Partnership Matters
Major financial institutions need qualified custodians to hold their crypto assets. Without proper custody solutions,…
