Digital Asset Trading Network Apifiny Integrates with Fireblocks

Apifiny, the global cross-exchange digital asset trading network, announced its integration with the Fireblocks network, a digital asset transfer network for institutions.

This integration now enables Apifiny users to “have access to a simple and secure solution for settlements, by connecting with the Fireblocks Network.”

Launched in 2018, Fireblocks claims it is “the only enterprise platform that can securely transfer assets across exchanges, wallets, custodians, and counterparties and keep them readily available using patent-pending chip isolation security and MPC technology.”

The integration with Apifiny will now “provide an easy to use, enterprise-grade platform for financial institutions that need to streamline digital asset trading operations.”

According to an update shared with CI, this is “a much demanded move for Apifiny’s institutional traders working with large amounts of digital assets across multiple exchanges.”

Apifiny users will “no longer need to individually manage and key in the deposit address for every transfer, they will now only have to complete a one-time setup to connect their account with a Fireblocks Network wallet.”

Once connected, they can “settle with any of the 20+ connected exchanges on Apifiny through the Fireblock Network.” This simplified process “helps minimize the probability of human error, streamlines settlement operations, and increases security within the trading network.”

Haohan Xu, CEO of Apifiny, said:

“The integration with Fireblocks furthers our commitment to providing institutional grade security to our clients without compromising user experience. The platform enables global liquidity and a compliant way for Apifiny to build and scale the business while reducing counterparty risk.”

To date, Apifiny has partnered “with over 20 of the top 100 global digital asset exchanges by trading volume, including Coinbase, Huobi Global, Kucoin, and OKCoin’s exchanges, amongst others.”

The company “delivers global trading via a single interface, along with the best available pricing across connected exchanges providing access to deep global liquidity, superior price discovery, higher fill rates and capital utilization.”

Sponsored Links by DQ Promote



Send this to a friend