Cronos, a non-custodial trading venue and blockchain backed by Crypto.com, has integrated with Fireblocks, an enterprise digital asset infrastructure platform, to enhance institutional trading capabilities on its network, according to a Thursday announcement.
The partnership introduces advanced custody and digital asset operations for tokenized assets on Cronos, meeting the needs of financial institutions and market makers.
Zain Bacchus, CPO of Cronos Labs, said in a statement that the integration reinforces Cronos’ goal of becoming a global marketplace for crypto, stocks, sports outcomes, and prediction markets.
“Fireblocks provides the institutional infrastructure required for market makers and other FIs to connect to Cronos’ market structure,” Bacchus stated.
With over $10 trillion in protected digital asset transactions, Fireblocks brings trusted enterprise-grade solutions to the Cronos ecosystem.
“Cronos is focused on creating a global venue for trading: stocks, crypto, sports outcomes, and prediction markets,” Adam Levine, SVP, Head of Corporate Development and Partnerships at Fireblocks, noted. “By connecting secure digital asset operations with a high-performance network, this integration supports a more reliable experience for institutional flows.”
Source: https://cryptobriefing.com/secure-global-trading-infrastructure/