- Fireblocks acquires TRES for $130M to unify digital asset operations.
- Enhances accounting, reconciliation, compliance capabilities globally.
- Targets improved institutional infrastructure amid evolving regulations.
Fireblocks acquired TRES Finance for $130 million on January 7, 2026, aiming to create a unified digital asset operating system.
This acquisition enhances Fireblocks’ capabilities in institutional accounting and compliance, aligning with increasing regulatory demands and advancing its market position in digital asset ecosystems.
Fireblocks, a leading digital asset custody provider, announced the acquisition of TRES Finance for $130 million. The transaction aims to create a comprehensive operating system for digital asset operations, including accounting and compliance.
The acquisition involves key leaders such as Michael Shaulov of Fireblocks and Tal Zackon of TRES Finance. It expands Fireblocks’ capabilities, integrating TRES’ accounting platform into its ecosystem. Michael Shaulov, Co-founder and CEO of Fireblocks, stated: “With digital assets now part of day-to-day financial operations, both crypto-native firms and traditional institutions need clear, accurate accounting and auditability.” Read more
The move is expected to significantly impact industries by providing a unified financial stack that enhances operational efficiency. It addresses the need for clear accounting and audit-ready data in digital asset management.
The $130 million deal, comprising cash and equity, marks Fireblocks’ second major acquisition in recent months. This follows their purchase of Dynamic, reflecting strategic growth in infrastructure management for cryptocurrencies.
The acquisition may drive advancements in institutional reporting across blockchain-based financial operations. The integration reflects Fireblocks’ commitment to scaling its compliance and operational offerings internationally.
Experts anticipate enhanced regulatory compliance, particularly regarding the EU’s MiCA regulations. This acquisition aligns with Fireblocks’ expansion strategy, as indicated by its valuation and previous strategic decisions in the crypto market. More details
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