AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, have recently announced a strategic collaboration with Fireblocks, an enterprise platform providing digital asset infrastructure solutions to businesses building on blockchain.
This collaboration reportedly strengthens AllUnity’s infrastructure “by integrating Fireblocks’ security, compliance, and real-time settlement capabilities into the EURAU ecosystem.”
As explained in the update, AllUnity is building a real-time payment and settlement infrastructure centered around EURAU, “a fully-reserved Euro stablecoin designed to bring transparency, efficiency, and interoperability to digital finance.”
Through this collaboration, AllUnity will “leverage Fireblocks’ MPC-based wallet infrastructure and its global network of over 2,200 institutions to ensure institutional-grade custody and seamless asset transfer capabilities for EURAU.”
This collaboration addresses major priorities “for institutional adoption: security, regulatory alignment, and seamless settlement.”
Through this collaboration, Fireblocks and AllUnity are “positioned to set new standards in the European digital asset ecosystem, supporting use cases from automated corporate payments to institutional trading.”
AllUnity is a regulated e-money institute, building Europe’s digital payments infrastructure and issuing “a fully regulated, Euro-denominated stablecoin designed to power digital asset markets and global commerce.”
Backed by a consortium of partners, DWS, Flow Traders, and Galaxy, AllUnity offers “payment infrastructure through its euro stablecoin, EURAU.”
With institutional-grade infrastructure and real-time settlement, AllUnity bridges traditional finance and digital assets delivering “borderless payment infrastructure for Europe and global markets.”
As noted in the update, Fireblocks is the world’s digital asset infrastructure company, “empowering organizations of all sizes to build, manage and grow their business on the blockchain.”
With the industry’s scalable platform, they aim to “streamline stablecoin payments, settlement, custody, tokenization, and trading operations across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians.”
Over 2,200 organizations – including Worldpay, BNY Mellon, Galaxy, and Revolut – work with Fireblocks to secure “more than $10 trillion in digital asset transactions across 100+ blockchains.”