LONDON, UK, Dec 15, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) Crypterium, a cryptocurrency wallet app with over 500,000 clients in over 170 countries, has partnered with the high-level cryptocurrency custodian project Fireblocks to ensure the best security User money.
The two companies will launch a technology integration in the near future – one that will increase the security of users’ funds, enhance the quality of service of the platform, and simplify the process of entering and exiting new coins.
This partnership allows Crypterium to harness the power of multi-layered Fireblocks technology that combines the latest breakthroughs in MPC encryption and isolates devices that secure client and investor funds from cyberattacks, human error, and other issues. This cipher acts as insurance to cover assets during transportation and storage.
Fireblocks also offers an enterprise-grade infrastructure for handling digital assets, supporting over 800 tokens and 25 protocols. The infrastructure built into Crypterium services will help in the development of the platform and the growth of users.
“An important event for our users and the development of the Crypterium ecosystem. Our partnership allows diversification of risks and access to new opportunities in the crypto market. We are pleased to have such a strong and reliable partner. Together we will provide greater security of users’ funds, improve Quality of service, support for new currency inputs and outputs in the near future.
“Fireblocks’ MPC-CMP infrastructure will provide Crypterium customers with unparalleled security while allowing the provision of new products and services,” said Michael Shaulof, CEO of Fireblocks. “We look forward to growing alongside their community.”
Crypterium Wallet brings together all the services you need, right where you want them. The wallet is available in more than 170 countries. You can download Crypterium Wallet on your iOS and Android devices, or access it using your desktop. Crypterium was the first company to develop a crypto-to-fiat payment card that is available in more than 180 countries. The free contactless Crypterium Visa Card gives every digital asset holder the ability to instantly pay at more than 42 million retailers worldwide, and withdraw from ATMs worldwide. More information at https://crypterium.com
Fireblocks is an easy-to-use digital asset security platform that helps financial institutions protect digital assets from theft or hackers using MPC’s patent-pending chip isolation technology to secure private keys and API credentials and eliminate the need for deposit addresses.
Fireblocks is an enterprise-grade platform that provides a secure infrastructure for the transfer, storage and issuance of digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based wallet infrastructure. Fireblocks serves more than 600 financial institutions, has secured the transfer of more than $1 trillion in digital assets, and has a unique insurance policy that covers assets in storage and transportation. Over 700 clients, $1.7 trillion in assets transferred.
Hundreds of crypto and digital asset companies are already using Fireblocks and APIs to store and manage treasury operations, access DeFi, copy and burn tokens, and manage digital asset operations.