HTX Integrates Fireblocks Off-Exchange Solution for Institutional Clients

The trading platform HTX has completed the integration of the Fireblocks Off-Exchange solution for institutional trading. This allows clients to store funds in offline collateral accounts while receiving a 1:1 credit on the exchange, according to a press release.

HTX representatives stated that this approach significantly reduces counterparty risks while maintaining capital efficiency.

“This integration represents a strategic expansion of HTX’s institutional offerings. Fireblocks technology enhances the security of our platform’s infrastructure, optimizing institutional operations in line with regulatory requirements,” said TRON founder and HTX advisor Justin Sun.

The solution from crypto custody service provider Fireblocks ensures asset security during exchange trading and includes an emergency recovery mechanism that guarantees fund return even under “extreme conditions.”

“Fireblocks Off Exchange uses MPC technology, allowing traders to directly place and ‘mirror’ assets on the exchange from a jointly controlled wallet. This solution protects user funds from hacks, bankruptcy, and fraud, while exchanges receive blockchain confirmation that client accounts are fully collateralized,” states the Fireblocks website.

HTX views this integration as part of its strategy to attract institutional clients to the digital asset market.

HTX is a cryptocurrency exchange founded in 2013. The platform supports spot, futures, and P2P trading.

Earlier, the decentralized autonomous organization HTX DAO completed another quarterly token burn. In the first quarter of 2025, 11.3 trillion HTX were destroyed, amounting to over $19.2 million.