Home Finance News Fantom (FTM) Investors in DeFi Feel Things are Getting Better With Fireblocks

Fantom (FTM) Investors in DeFi Feel Things are Getting Better With Fireblocks

Fantom

The price of Fantom has been growing positively.  Fantom is an advanced blockchain project, which gives developers the platform to build customized decentralized applications (DAPPs) and non-fungible tokens (NFT).  The developers backing the Fantom blockchain are consistently trying to increase the speed, security, and scalability of decentralized cryptocurrencies.

On Fantom, transactions are confirmed in 1 second and cost a fraction of a cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

When discussing about Fantom (FTM), investors and developers need to know Fireblocks, because Fireblocks are now providing treasury management services to Fantom; thus, Fantom gains improved access to cryptocurrency markets and maximizes portfolio returns.

The integration of Fantom to Fireblocks delivers compelling risk-adjusted returns to their investors. They are happy about the trusted, expert custody solution provided by Fireblocks.

The support of Fireblocks is coming at a point in time when Fantom is growing rapidly. Since May, the number of unique wallet addresses on the Fantom network has grown over 620% to 484,682 (Sep 5, 2021). TVL on Fantom DeFi protocols has soared 4000% to reach $1.23B in the same period.

Fireblocks is an all-in-one platform to store, transfer, and issue digital assets across your entire ecosystem. The platform provides for Asset Transfer Network, Security, MPC Wallet-as-a-Service, AML/Compliance, Tokenization, Policy, and Workflow Engine.

Being the most connected institutional network provides you with a fast and secure on-chain settlement.  The SOC Type 2 Certification does regular pen tests and provides for an unprecedented insurance policy. Their proprietary protocol pushes transaction speeds to as high as eight times faster than the industry average.  The AML and compliance automatically leverages risk scores and user-defined policies for safety and compliance.

Tokenization is a robust engine that can easily consolidate assets into stablecoins or security tokens.  By meeting regulatory requirements and managing transaction policies from anywhere, anytime, the workflow in the platform happens seamlessly.

The customers of Fireblocks are those who are looking to monetize their digital assets while trying to grow their customer base.  Banks provide for future-proof wallet technology, which is used for digital asset custody.  Fireblocks customers are also exchanges who are looking to drive trading volume without sacrificing security or operational efficiency.  Lending desks are customers of Fireblocks as they are looking to securely scale retail flow to boost capital efficiency.  The OTC/Brokerage looking to transform settlement operations and to strengthen security, market makers and prop traders who are looking to boost operational efficiency and drive balance sheet optimization, hedge funds looking to meet fiduciary duty without jeopardizing operational efficiency are all customers are Fireblocks.

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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