Leading crypto company Fireblocks announced that it has reached $100 million in annual revenue. This corresponds to the status of “centaur”.
“Explosive growth at Fireblocks, built on a vision enabling every company to easily and securely hold digital assets and cryptocurrencies, aligns with the enormous interest in decentralized finance, blockchain and technologies Web3 from the world’s leading banks, consumer brands, gaming projects, fintech firms and startups,” said Fireblocks in a statement.
According to co-founder and CEO Mikhail Shaulov, 2022 was a year of consolidation for the crypto industry.
“We have seen an unprecedented volume of new market entrants, including fintech companies, Web3 startups, banks and liquidity providers,” he noted.
According to Fireblocks, the platform serves more than 1,500 clients, including startups and established companies. Among the latter: BNP Paribas, Six Digital Exchange, ANZ Bank, FIS, Checkout.com, MoonPay, Animoca Brands, Wire and others.
In January, Fireblocks raised $550 million following a Series E round. Investors valued the company at $8 billion.
In August the firm added support for DeFi applications and NFTs on Solana for users and developers. In September it emerged that the blockchain led the trading volumes in the segment.
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