Fireblocks Partners Aster Network – Set to Provide Institutions with Secure Access to the Leading Japanese Blockchain

Hundreds of banks and institutional investors will soon be able to securely access digital assets on Astar network and enjoy the benefits its DeFi ecosystem offers. This is coming as Fireblocks, the enterprise-grade platform for managing digital asset operations, integrates Astar Network.

As the leading smart contract platform in Japan, Astar Network will appeal to every institutional investor. With its latest partnership, Fireblocks will bring over 650 banks and institutional investors to this popular network. It will enable them to trade, swap, lend, and enjoy related DeFi services on Astar.

Timely, Invaluable Collaboration

Fireblocks’ integration of Astar Network is coming at a time Japanese government is aggressively exploring ways to use web3. Being an enterprise-grade platform with many important clients, Fireblocks will support the growth of Japan’s leading smart contract blockchain. Its tried and tested MPC infrastructure will enable users to manage their wallets securely.

Astar Network, on its part, will provide Fireblocks users with a robust infrastructure to manage and safeguard their digital assets. It will also grant access to leading DeFi protocols on its network, including ArthSwap.

Speaking on the partnership, Astar’s CEO, Maarten Henskens, said:

Fireblocks is a leading platform catering to institutional investors. We’re looking forward to leveraging this integration to enhance adoption while giving institutions looking to build on Astar a secure and robust way to safeguard their digital assets.

The Mission to Revolutionize Business Models in Japan

Fireblocks is one of the leading platforms with a focus on institutional adoption of crypto and blockchain technology. In Japan, it is leading the charge, and integrating Astar network is another giant step in the right direction.

Commenting on the development, the Managing Director of Financial Markets and Head of APAC at Fireblocks, Stephen Richardson, said:

We are excited to add Astar to the Fireblocks Network and support the growth of Japan’s leading smart contract platform. Fireblocks has always focused on facilitating institutional adoption in the digital asset industry. By leveraging our highly secure network and MPC-based wallet infrastructure, banks, exchanges, OTCs, and hedge funds can now seamlessly access Astar’s assets. We look forward to further supporting digital assets adoption in Japan with this collaboration.

Fireblocks, Astar, and Bitbank held a special event during WebX in Tokyo, to celebrate this ground-breaking partnership. The event, which aimed at deepening understanding of web3 technology in the corporate world, attracted over 200 guests. It was the first time global executives from top Japanese companies came together to discuss DeFi and web3 technology.

Wrapping Up

Fireblocks’ commitment to drive institutional adoption of digital assets is unwavering. Little wonder it has grown significantly in the past few years. Among service providers, it was the first to get its digital asset infrastructure system certified by the Cryptocurrency Certification Consortium (C4). It’s not surprising, therefore, that it has attracted top clients, including ANZ Bank, BNY Mellon, and even trading platforms like CoinTrade.

Astar Network has also done a lot for the cryptocurrency industry, especially in Japan. It rose quickly to become a go-to smart contract platform in Japan, all thanks to its support for the popular EVM environment. It is also considered attractive because of its interoperability features.