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Fireblocks

  • What it is:Fireblocks is a leading digital asset infrastructure platform providing secure custody, treasury management, MPC wallets, tokenization, and payments for institutions using blockchain technology.
  • Best for:Crypto exchanges and market makers, Institutional DeFi traders, Enterprise treasury operations
  • Pricing:Free tier available, paid plans from $699/month (up to 6 months)
  • Rating:92/100Excellent
  • Expert's conclusion:Fireblocks is the best choice for enterprise and institutional entities which require scalable and highly secure decentralized management of their digital assets across all relevant blockchain networks as well as the ability to manage operations efficiently and effectively that could not be accomplished using traditional methods.
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Reviewed byMaxim Manylov·Web3 Engineer & Serial Founder

What Is Fireblocks and What Does It Do?

Fireblocks is an industry leader in the area of digital asset infrastructure providing safe custody, wallet as a service, treasury management, tokenization, and payment solutions for institutions. Its founders were cyber security professionals who investigated many of the major crypto hacks that have occurred. As a result, they developed Fireblocks so that financial institutions, exchanges, and web3 companies can use Fireblocks' MPC (Multi-Party Computation) technology to safely manage their digital assets. Institutions such as trading firms, banks, fintech's, and crypto exchange platforms are among the large number of clients utilizing Fireblocks globally.

Active
📍New York, NY
📅Founded 2018
🏢Private
TARGET SEGMENTS
Financial InstitutionsCrypto ExchangesTrading FirmsBanksWeb3 Companies

What Are Fireblocks's Key Business Metrics?

👥
1,800+
Customers
📊
130M+
Wallets Created
🔄
$4T+
Transactions Processed
🏢
600+
Employees
💵
$150M
Revenue 2022
📊
50+
Countries
Rating by Platforms
4.7/ 5
G2 (120 reviews)
Regulated By
SOC 2 Type IIISO 27001GDPR Compliant(EU)

How Credible and Trustworthy Is Fireblocks?

92/100
Excellent

Fireblock's has demonstrated an incredible level of credibility due to its proven security track record, the high volume of secure transactions that have been processed, and the strong institutional support of Fireblock's products and services. In addition, Fireblock's also has numerous robust compliance certifications.

BREAKDOWN
Product Maturity95/100
Company Stability90/100
Security & Compliance98/100
User Reviews90/100
Transparency85/100
Support Quality88/100
TRUST SIGNALS
$4T+ transactions processed securely1,800+ institutional customers including top banks and exchanges130M+ wallets createdMPC-CMP technology with 800% transaction speed improvementSOC 2 Type II and ISO 27001 certified

What is the history of Fireblocks and its key milestones?

2017

Hack Investigation

While working at Check Point, the founders of Fireblock conducted an investigation into the theft of $200M in Bitcoin stolen from several South Korean exchanges by the Lazarus Group.

2018

Company Founded

The founders of Fireblock, Michael Shaulov, Pavel Berengoltz, and Idan Ofrat, founded Fireblock to provide a solution to the security concerns associated with institutional ownership of digital assets.

2020

MPC-CMP Innovation

Fireblock's founders developed an optimization algorithm for MPC-CMP technology, which increased the speed of digital asset transactions by 800%.

2021

Revenue Growth

Within six months, Fireblock exceeded projected revenues four times over, generating $60 million in revenue versus the projected $8 million in revenue with 150 customers.

2022

Revenue Triples

During the "Crypto Winter", Fireblock's revenue grew from $50 million to $150 million and Fireblock added 1650 new customers to its customer base.

2023

Scale Milestone

Fireblock has processed over $4 trillion in transactions and has created over 130 million digital wallets for its customers, employing over 600 employees.

Who Are the Key Executives Behind Fireblocks?

Michael Shaulov— CEO & Co-founder
After conducting a major investigation of a $200M crypto hack while working at Check Point, Michael Shaulov and his co-founders, Pavel Berengoltz and Idan Ofrat, went on to found Fireblock to address the growing need for institutional digital asset security.. LinkedIn
Pavel Berengoltz— CTO & Co-founder
Prior to founding Fireblock, Michael Shaulov was an early employee at Lacoon Mobile and led Check Point's investigation of a major crypto breach. He developed the MPC-CMP technology used by Fireblock to accelerate transactions by 800%.. LinkedIn
Idan Ofrat— CPO & Co-founder
Since the inception of Fireblock, Michael Shaulov has been the co-founder responsible for the overall direction of Fireblock's product development and strategy. He has played a significant role in developing Fireblock's platform from a simple digital asset custody solution to a full suite of digital asset infrastructure solutions.. LinkedIn
Jason Allegrante— Chief Legal & Compliance Officer
Prior to co-founding Fireblock, Idan Ofrat served as a supervisor at the Federal Reserve Bank of New York where he oversaw the compliance activities of various financial institutions.. LinkedIn

What Are the Key Features of Fireblocks?

💰
MPC Wallet-as-a-Service
Fireblock's MPC-CMP technology works by eliminating the single point of failure inherent in traditional cryptography by distributing the cryptographic keys required to access and control digital assets to multiple parties, thus enabling financial institutions to maintain institutional grade security when managing their digital assets.
👥
Treasury Management
A highly scalable, enterprise-grade platform for securely holding digital assets in custodial storage, staking, lending, and portfolio management.
📊
Tokenization Platform
An end-to-end solution that is used for creating, managing, and delivering tokenized versions of physical world assets and their own native tokens.
✨
Payment Networks
A secure, cross-chain (and cross-border) payment infrastructure to facilitate high-volume institutional transfers.
✨
DeFi Prime
Institutional access to Decentralized Finance (DeFi) protocols through the use of non-custodial wallets, Know-Your-Customer (KYC)/Anti-Money Laundering (AML) verification processes, and complete trade executions.
✨
Network 51
Direct connections to over 51+ exchanges, Over-the-Counter (OTC) desks, and liquidity providers without the need for reconciliation.
✨
Policy Engine
Controls over individual transactions, approvals, and automated compliance features for use by enterprises for Risk Management purposes.

What Technology Stack and Infrastructure Does Fireblocks Use?

Infrastructure

Multi-cloud architecture with dedicated security zones across global regions

Technologies

MPC CryptographyRustGoKubernetesPostgreSQL

Integrations

51+ ExchangesLiquidity ProvidersCustodiansDeFi ProtocolsPayment Networks

AI/ML Capabilities

Advanced MPC-CMP cryptographic protocols with automated threat detection and policy enforcement

Inferred from product capabilities, engineering requirements, and institutional security standards

What Are the Best Use Cases for Fireblocks?

Institutional Custodians
The Fireblocks' secure custody solution uses Multi-Party Computation (MPC) wallets that provide an advantage when compared to a single point of failure; also, allows for unlimited scalability of client assets.
Crypto Exchanges
Fireblocks' Network 51 provides direct hot wallet connectivity to over 51+ partners removing the need for reconciliation and reducing settlement risk.
Banks & Neobanks
A treasury management platform for enabling compliant digital asset services for both retail and institutional clients.
Trading Firms
High speed MPC-CMP transactions with a policy engine to enable support for high frequency and algorithmic trading strategies.
Token Issuers
A comprehensive tokenization platform that can be used to manage all aspects of issuance, distribution, compliance, and secondary market management.
NOT FORIndividual Retail Traders
Due to the complexities and costs associated with its enterprise focus, Fireblocks is not suitable for non-institutional, personal use.
NOT FORHardware Wallet Users
The Fireblocks MPC platform is designed to provide connectivity to institutions, and therefore, is incompatible with workflows based on offline, hardware-based wallets.

How Much Does Fireblocks Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
☐Service$CostℹDetails🔗Source
Essentials$699/month (up to 6 months)Production environment, $1,000,000 outbound volume, 1,000 embedded wallets, full API & SDK access, real-time security monitoring, dedicated customer support, 2 workspaces, 5 users, basic support (8x5), 0.20% overage rate—
Custom (Pro, Enterprise, Enterprise+)Starting at $18,000/yearEnterprise-grade security, custom API limits & integrations, personalized onboarding, premium SLA guarantees, advanced platform features, custom outbound volume, workspaces, users, premium/platinum support (24/7)Official pricing page
Developer Sandbox$0Quickest way to evaluate Fireblocks, test APIs, SDKs, and Console—
Essentials$699/month (up to 6 months)
Production environment, $1,000,000 outbound volume, 1,000 embedded wallets, full API & SDK access, real-time security monitoring, dedicated customer support, 2 workspaces, 5 users, basic support (8x5), 0.20% overage rate
Custom (Pro, Enterprise, Enterprise+)Starting at $18,000/year
Enterprise-grade security, custom API limits & integrations, personalized onboarding, premium SLA guarantees, advanced platform features, custom outbound volume, workspaces, users, premium/platinum support (24/7)
Official pricing page
Developer Sandbox$0
Quickest way to evaluate Fireblocks, test APIs, SDKs, and Console

How Does Fireblocks Compare to Competitors?

FeatureFireblocksFystackFireblocks Alternative (Capterra)
Multi-Sig MPC WalletsYesYes
Embedded Wallets (NCW)1,000 (Essentials)Custom
Outbound Volume Limit$1M (Essentials)Custom
API & SDK AccessFullYesNo integrations found
Support OptionsBasic to Platinum 24/7
Starting Price$699/mo or $18K/year$8,388/year$500/mo
Free TierDeveloper SandboxNoNo
Enterprise SSOCustom plan
Blockchain Support80+ EVM/non-EVM
Security CertificationsMPC, multi-layerMPC
Multi-Sig MPC Wallets
FireblocksYes
FystackYes
Fireblocks Alternative (Capterra)—
Embedded Wallets (NCW)
Fireblocks1,000 (Essentials)
FystackCustom
Fireblocks Alternative (Capterra)—
Outbound Volume Limit
Fireblocks$1M (Essentials)
FystackCustom
Fireblocks Alternative (Capterra)—
API & SDK Access
FireblocksFull
FystackYes
Fireblocks Alternative (Capterra)No integrations found
Support Options
FireblocksBasic to Platinum 24/7
Fystack—
Fireblocks Alternative (Capterra)—
Starting Price
Fireblocks$699/mo or $18K/year
Fystack$8,388/year
Fireblocks Alternative (Capterra)$500/mo
Free Tier
FireblocksDeveloper Sandbox
FystackNo
Fireblocks Alternative (Capterra)No
Enterprise SSO
FireblocksCustom plan
Fystack—
Fireblocks Alternative (Capterra)—
Blockchain Support
Fireblocks80+ EVM/non-EVM
Fystack—
Fireblocks Alternative (Capterra)—
Security Certifications
FireblocksMPC, multi-layer
FystackMPC
Fireblocks Alternative (Capterra)—

How Does Fireblocks Compare to Competitors?

vs Fystack

Fireblocks offers a SaaS-based experience that provides a convenient, predictable pricing model with enterprise-level support, however, this comes with the cost of being locked into a vendor relationship at-scale. Fystack, on the other hand, offers self-hosted control using a one-time licensing model which can be beneficial to teams focused on transparency who are trying to avoid reliance on SaaS.

For large-scale enterprise businesses that need a managed services option, Fireblocks is an excellent solution. Fystack provides self-sovereign options to manage your own private keys.

vs Traditional Custodians

Fireblocks positions itself as an enterprise-grade mid-to-enterprise market player offering institutional-grade non-custodial wallet infrastructure using MPC wallets, in conjunction with a large and extensive network connectivity capability, whereas budget-friendly self-custody solutions offer limited capabilities compared to Fireblocks.

In terms of both scalability and integration, Fireblocks is the best platform to meet the needs of high-volume trading operations.

What are the strengths and limitations of Fireblocks?

Pros

  • Multi-Layered Security through MPC (Multi-Party Computation): The MPC method ensures there is no single point of failure because each party has their own set of distributed key shares.
  • Most extensive network connectivity: Fireblocks currently supports over 2000 counterparties which allows for seamless secure exchange processes.
  • Robust Policy Engine: Each organization can create customized approval workflows as well as implement policies regarding governance within their own business structure.
  • Support for most blockchains: Currently Fireblocks supports 80+ EVM & Non-EVM Chains, as well as thousands of tokens.
  • Reliability: Fireblocks has maintained a 99.97% uptime rating in regards to both its API's & Infrastructure each month.
  • Best in Class Support: From Basic to Platinum Level, all support levels are provided 24/7 with dedicated Technical Account Managers.
  • Developer Sandbox: Developers may test out the Fireblocks API's and SDKs using a completely free, sandbox environment.

Cons

  • Premium Pricing: Enterprise customers will be charged a minimum of $699 per month and a starting cost of $18,000 per year, which can be quite costly for smaller teams.
  • Vendor Lock-In Risk: Once you have scaled up your operations, it can become difficult to leave the SaaS model due to the dependency created by Fireblocks.
  • Limited Options for the Essentials Tier: The Essentials Tier for Fireblocks is limited, as it caps the amount of outbound volume at $1 million and adds extra charges for add-on's.
  • Lack of Clarity for Enterprise Pricing: When considering enterprise pricing options for Fireblocks, customers will typically require a sales contact to get all the details for their specific enterprise requirements.
  • Overage Fees: If the customer exceeds their allotted outbound volume in the Essentials Tier, they will incur an overage fee of .002%.
  • Customer Limits: Only five user accounts are allowed per Essentials Plan.
  • Additional Costs for Deployment Packages: Additional costs will apply for deployment packages such as Single Sign-On (SSO) and Anti-Money Laundering (AML) setup.

Who Is Fireblocks Best For?

Best For

  • Crypto exchanges and market makers — Largest Network: With 2,000+ counterparties and 30+ Exchange Integrations, Fireblocks has the largest network.
  • Institutional DeFi traders — Multiple Features: Threat Detection in real time, MPC Security, Multi-Chain Support.
  • Enterprise treasury operations — Granular Policy Engine, Audit Trails, Premium SLA's Available.
  • Wallet-as-a-Service providers — Integrated Wallets (NCW), Full Access to API/SDK, Scalable Infrastructure.
  • Teams evaluating MPC custody — Completely Free Development Sandbox for Testing Before Commitment.

Not Suitable For

  • Small retail traders or individuals — Premium Pricing Does Not Justify Low Volume Use: Consider Self Hosted or Consumer Wallets Instead.
  • Budget-constrained startups — Premium Enterprise Pricing; Look at Open Source MPC Solutions Instead.
  • Self-sovereign custody seekers — Vendor Dependency Due to SaaS Model: Fystack Offers One-Time License Option.

Are There Usage Limits or Geographic Restrictions for Fireblocks?

Outbound Volume (Essentials)
$1,000,000/month
Overage Rate (Essentials)
0.20%
Workspaces (Essentials)
2
Users (Essentials)
5
Embedded Wallets (Essentials)
1,000 NCW wallets
Support Hours (Essentials)
Basic 8x5
Essentials Plan Duration
Up to 6 months
Policy Management Requests (Premium)
20 requests/year
Platinum Support Hours
80 hours/year

Is Fireblocks Secure and Compliant?

MPC-CMP TechnologyMulti-party computation eliminates single point of key compromise using distributed key shares across secure hardware
Multi-Layer SecurityCombines MPC with hardware security environments, real-time DeFi threat detection, transaction simulation
Real-Time Security MonitoringContinuous monitoring included in all plans with real-time attack prevention
Granular Policy EngineConfigurable approval workflows and governance policies at asset, account, and contract level
dApp ProtectionPrevents interaction with malicious dApps, contract call impact analysis before signing (Custom plans)
SSO IntegrationEnterprise SSO available in Custom plans and deployment packages
Audit & Compliance ToolsTransaction simulation, policy management assistance, quarterly reports for Platinum/Premium customers
99.97% UptimeHigh reliability across APIs, Web Console, Transaction Engine, and Blockchain Nodes

What Customer Support Options Does Fireblocks Offer?

Channels
Comprehensive at developers.fireblocks.comAvailable for registered users
Support Limitations
•Limited public information on support channels and response times
•Support structure appears tiered but specific SLAs not documented in search results

What APIs and Integrations Does Fireblocks Support?

API Type
REST API for wallet and transaction management
Authentication
API key-based authentication for integration
SDKs
Multiple language support for developers
Documentation
Developer portal at developers.fireblocks.com with embedded wallet documentation and integration guides
Use Cases
MPC wallet creation, transaction signing, key management, multi-party computation operations

What Are Common Questions About Fireblocks?

Fireblocks splits private keys into shards, which are then distributed among at least three parties; typically, the two shard holders being Fireblocks, and the customer holding the third shard. Since no single entity has the complete private key, all parties must work together to sign transactions, thus creating an absence of single points of failures and eliminating unauthorized access to funds.

Safe Wallet utilizes smart contracts and multisignatures based on on-chain approvals that have higher gas costs than those associated with Fireblock’s MPC with off-chain signatures. Additionally, Fireblocks has built-in biometric authentication, and it is able to operate regardless of the specific blockchain protocol used, whereas Safe Wallet is dependent upon specific blockchain implementations. Lastly, Safe Wallet is more transparent regarding the operations occurring on-chain as opposed to Fireblock's higher degree of confidentiality.

Yes, Fireblocks is considered a non-custodial service provider since they never hold a complete private key. In cases of MPC use involving 2-of-2 or 3-of-3, Fireblocks will be unable to execute a transaction individually — user approval is required in each instance. Users also retain full control over their assets, and may export their entire set of cryptographic keys via the Full Key Takeover.

Yes, Fireblock's MPC is protocol-agnostic, thereby providing functionality on any blockchain network without having to implement protocols specific to each chain. As such, this allows Fireblocks to offer support for new blockchains more easily than other types of multisignature solutions.

Fireblocks offers three categories of wallets: Hot, Warm, Cold. These distinctions refer to where the third shard of the MPC key is located and how the approval for transactions is handled. Therefore, organizations are able to select a level of security based upon the requirements of their operations.

Fireblocks allows multiple devices or users to approve different transactions from the same wallet utilizing the MPC shard structure. There are no geographical restrictions on the authorizers participating in the off-chain signing process for a given transaction, thus increasing the operational flexibility of distributed teams.

Once an MPC (Multi-Party Computation) system has three participants; if even one participant loses their "key-share" there will be no way to access the wallet. Fireblocks has implemented several methods for key-recovery, including distributed protocols that allow you to add additional cosigners; therefore, when a participant loses their key-share, the wallet can still be recovered without having to rebuild the original key.

Yes, Fireblocks is specifically designed to support the needs of enterprise-level digital asset management. It supports distributed multi-party approvals, is available in multiple AWS regions and availability zones, and removes single-points of failure from either internal or external attackers.

Is Fireblocks Worth It?

Fireblocks employs a multi-party computation-based solution for securing wallets. This is a significant advancement above simple single-key based or basic multisig-based solutions to address some of the most significant shortcomings associated with those types of solutions. Fireblock's cryptographic architecture does not concentrate private keys, can be used in a protocol-agnostic manner across different blockchains, and offers the operational flexibility required by institutions. That being said, Fireblocks uses its own infrastructure to secure MPC systems and as such, requires a certain level of technical sophistication to properly implement.

Recommended For

  • Institutional crypto-custodians seeking enterprise-level security
  • Organizations that manage digital assets across multiple blockchains
  • Teams that need to have distributed approval work-flows without having to incur the cost of on-chain transactions.
  • Companies looking for non-custodial solutions that offer them a higher degree of operational flexibility
  • Businesses looking for ways to maximize the efficiency of off-chain transactions at the expense of transparency on-chain

!
Use With Caution

  • Organizations looking to maximize the amount of transparency possible – On-chain multisig may be a better option
  • Projects that want to rely on the least number of third-party dependencies – Fireblocks relies on the fireblocks’ infrastructure for its MPC systems and this is something to consider.
  • Teams that are lacking in experience with cryptography – MPC systems are complex systems and require a proper understanding to operate in a secure environment.

Not Recommended For

  • Small teams or individuals that are looking for simplicity – Too complicated for simple use cases.
  • Projects that are looking for complete on-chain auditability of approvals.
  • Organizations that have very stringent requirements regarding the reliance on commercial services –
Expert's Conclusion

Fireblocks is the best choice for enterprise and institutional entities which require scalable and highly secure decentralized management of their digital assets across all relevant blockchain networks as well as the ability to manage operations efficiently and effectively that could not be accomplished using traditional methods.

Best For
Institutional crypto-custodians seeking enterprise-level securityOrganizations that manage digital assets across multiple blockchainsTeams that need to have distributed approval work-flows without having to incur the cost of on-chain transactions.

What do expert reviews and research say about Fireblocks?

Key Findings

Fireblocks utilizes advanced multi-party computation (MPC) encryption techniques. Private keys are divided among several parties such that no individual party has the ability to have possession of an entire key. Fireblocks operates independently of blockchain protocols allowing it to interact seamlessly with a variety of different wallet configurations (cold, hot, warm) and is designed to operate at an institutional level of custody. Additionally, integration with Amazon Web Services (AWS) cloud computing infrastructure provides enterprise grade scalability and availability.

Data Quality

Good - information sourced from official Fireblocks documentation, developer resources, and AWS collaboration materials. Technical architecture is well-documented. Support structure and specific pricing details not publicly detailed in search results.

Risk Factors

!
Customer dependency on Fireblock's infrastructure and security policies
!
Due to its complexity; fireblocks will require technical expertise to properly implement.
!
There is very limited publicly available information regarding customer service and Service Level Agreements (SLA).
!
It is relatively new technology compared to other established multisignature (multisig) solutions.
Last updated: February 2026

What Additional Information Is Available for Fireblocks?

Enterprise Integration

Fireblocks is integrated with AWS Nitro Enclaves for improved security and supports operationally across multiple AWS Regions and Availability Zones to ensure high availability. Additionally, Fireblocks supports Distributed MPC Cosigner Architectures, which enable Organizations to deploy multiple independent Endpoints.

Embedded Wallet Solution

Fireblocks Embedded Wallets utilize a 2-of-2 MPC Scheme with one key share located within Fireblocks Servers enabled by Intel SGX and the other key share located on User Devices. This results in simple key management via Passphrases instead of Seed Phrases and includes Biometric Authentication as well as User-Friendly Transaction Approvals.

Key Takeover Capability

Users are able to execute Full Key Takeover to export the full Cryptographic Keys, resulting in Users having full control of their Assets. This allows Customers to move funds to Alternative Wallets or Services while maintaining True Non-Custodial Ownership.

Transaction Approval Workflow

Fireblocks has advanced approval policies that include whitelist of approved address, policy-driven controls for transactions, and a Transaction Approval Protocol (TAP) to approve transactions without paying gas fees. The platform also allows teams to have multiple team members approve transactions using configurable approval policies.

Multi-Asset Support

Vault accounts are able to store multiple assets in a single account, with each cryptocurrency having its own specific address (for example, both Bitcoin and Ethereum would be stored in the same vault account). The platform-agnostic nature of Fireblocks’ architecture allows it to easily support new emerging blockchain networks.

Scalability Architecture

Fireblocks is scalable at an enterprise level through its use of distributed MPC cosigner deployments, which can occur across multiple AWS accounts, regions, and availability zones. The distributed deployment architecture allows Fireblocks to scale for large-scale institutional operations while providing redundancy and fault tolerance.

What Are the Best Alternatives to Fireblocks?

  • •
    Safe Wallet (formerly Gnosis Safe): A smart contract-based multisig wallet that operates on-chain with full transparency. However, this requires blockchain-specific implementation and will incur gas fees when approving a transaction. It’s best suited for transparency-first use cases, however, it lacks protocol-agnosticism and built-in biometric features. Best for organizations who prioritize on-chain auditability and decentralization. (safe.global)
  • •
    Ledger Enterprise: An institutional-grade hardware wallet solution that provides custody-level features and multi-signature capabilities. Utilizes traditional key management methods instead of MPC cryptography. The strong offline security offered by Ledger is less flexible for approval workflow purposes across distributed environments. Best for organizations that prioritize hardware-based security. (ledger.com)
  • •
    Coinbase Custody: An institutional-grade digital currency custody solution that includes insurance and compliance features. Provides qualified custodian status for regulated entities. The customer must trust Coinbase as their custodian, and therefore, does not utilize the non-custodial MPC method of storing funds. Best for institutions that require regulatory-compliant qualified custodian status. (coinbase.com/custody)
  • •
    Copper: Institutional digital asset infrastructure platform that has MPC wallet capabilities as well as settlement services. Different operational model and feature set to competing MPC solutions. Best for organizations looking for an MPC wallet that is part of a larger suite of services. (copper.co)
  • •
    MetaMask Institutional: Web-based wallet with institutional security features and governance control. Less technical complexity compared to a wallet for enterprise custody; best suited for smaller organizations or development teams. Best for projects needing simple institutional wallet functionality. (metamask.io)

What Are Fireblocks's Market Adoption Metrics?

1,800+
Institutional Customers
$10 trillion+
Assets Under Management (2025)
1 billion+
Network Transactions Processed
150%
Year-over-Year Growth

What Is Fireblocks's Key Architecture Specifications?

Standard Key Distribution Model
3-Shard MPC (2 Fireblocks cosigners + 1 customer)
Signature Scheme Options
MPC-CMP (ECDSA/EdDSA) + TSS support
Approval Threshold Configurations
Customizable quorum (2-of-3, 2-of-2 Embedded Wallet)
Key Holder Segregation
Geographically distributed SGX enclaves + customer devices
Backup & Recovery Mechanism
Automatic key refresh + customer cosigner rotation

How Does Fireblocks's Signature Scheme Comparison Compare?

DimensionTraditional MultisigFireblocks MPC-CMPFireblocks Recommendation
On-Chain VerificationFull approval signatures visible on-chainSingle aggregated signature, signers invisibleMPC-CMP for privacy-focused institutions
Key Reconstruction RiskKeys exist independentlyKeys never reconstructed; distributed cryptographyMPC-CMP eliminates single points of compromise
Blockchain SupportLimited native supportMulti-blockchain ECDSA/EdDSA supportMPC-CMP works across all supported chains
Transaction FeesHigher due to multiple signaturesLowest fees - single signature appearanceMPC-CMP for cost optimization
Operational FlexibilityStatic configurationDynamic quorum changes, key refreshMPC-CMP for scaling institutions

What Institutional Security Controls Does Fireblocks Offer?

Intel SGX Enclave Protection

All key shards are stored in hardware-isolated secure enclaves in multiple cloud providers

MPC-CMP Distributed Key Management

No private keys are ever rebuilt and do not reside at a single point during the wallet's lifetime.

Multi-Factor Biometric Authorization

Biometric approval from mobile app is required before a transaction can be authorized

Transaction Authorization Policy (TAP)

Policy engine allows granular control of transaction approvals based on amount, counterparty, asset

Secure Transfer Network

Deposit address verification via end-to-end encryption prevents poisoning attacks on addresses

HSM Integration Support

Primus HSM and other Hardware Security Modules for customer-hosted cosigners

Real-Time Threat Detection

Continuous monitoring occurs automatically fails close when anomalies are detected

Geographic Key Distribution

Multiple locations including data centers and customers for distribution of key shards

SOC 2 Type II Compliance

Independently audited and verified enterprise grade security, availability, and privacy controls

How Does Fireblocks's Blockchain Support Matrix Compare?

Blockchain/ProtocolNative Support TypeImplementation ModelLayer 1/2Key Use Cases
BitcoinMPC-CMP ECDSAOff-chain distributed signingLayer 1Institutional BTC custody & treasury
EthereumMPC-CMP ECDSAOff-chain signing + EVM compatibilityLayer 1DeFi, staking, ERC-20 management
Ethereum L2s (Optimism, Arbitrum, Base)MPC-CMP ECDSAL2 native transaction signingLayer 2High-throughput institutional trading
SolanaMPC-CMP EdDSANative Solana program supportLayer 1High-speed custody & NFT management
PolygonMPC-CMP ECDSAEVM-compatible chain supportLayer 2Cost-optimized DeFi & payments

What Is Fireblocks's Regulatory Compliance Status Status?

SOC 2 Type IIComprehensive security, availability, processing integrity, confidentiality, privacy controls
ISO 27001Information security management system certification
GDPR ComplianceEuropean data protection regulation compliance for institutional operations
AML/KYC FrameworkTransaction monitoring and customer verification capabilities
FIPS 140-2 HSM SupportCertified hardware security module integration available
Business Continuity PlanningGeographically distributed infrastructure with automated failover

What Core Functionality Features Does Fireblocks Offer?

MPC-CMP Signature Protocol

Copper uses proprietary MPC protocol 8X faster than competitors and also provides automatic key refresh

Embedded Wallet (2-of-2 MPC)

Interaction among user devices and Fireblocks SGX servers occur without complete key reconstruction

Transaction Authorization Policies

Approval workflow granularity available by amount, asset, counterparty, time window

Secure Deposit Network

End-to-end encryption of address verification used to prevent counterparty errors

Batch Transaction Signing

Coordinated batches of multiple transactions may be approved and signed

Hardware Security Module Integration

FIPS 140-2 Level 3 certified HSM cosigned hosted by customer

Dynamic Policy Management

Quorum changes and signer rotations occur in real time without key migrations

DeFi & Staking Support

Protected interaction with yield protocols and smart contracts using MPC

Cross-Chain Asset Transfers

Atomic swaps and bridging with MPC security preservation

What Institutional Use Cases Does Fireblocks Support?

Exchange Hot/Cold Wallet ManagementCorporate Crypto Treasury OperationsHedge Fund & Asset Manager CustodyOTC Desk Counterparty SettlementPayment Processor Digital Asset RailsMarket Maker Inventory ManagementDeFi Institutional Yield StrategiesTokenized Real World Asset CustodyCross-Border Payment SettlementMining Pool Payout DistributionVenture Capital Token Portfolio ManagementCentral Bank Digital Currency Pilots

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