unFederalReserve uses Fireblocks for Secure, Institutional Wallet Management
By: Bilal Sanchez
“Not your keys, not your coins”! You may have heard this saying a couple of times since you joined the cryptosphere, but what does it mean exactly?
Just because you hold your coins in a centralized exchange does not mean that you physically own your tokens. It’s important to have full control over the wallet address that controls your assets, even from an institutional point of view.
unFederalReserve x Fireblocks
We’re proud to announce that we’re working with Fireblocks, a leading digital asset management system for institutions.
By leveraging Fireblock’s highly-secure and compliant back-end, we’ll be able manage our internal and product wallets to not only power our DeFi platform but also perform our “open market purchases”, the official $eRSDL token buyback system for when U.S. Treasury-registered banks, non-bank lenders and private funds use our rails.
The use of Fireblocks was a no-brainer for us since we put the security of our user’s assets before anything else. We look forward to building trustful long-term relationships with our tech partners, allowing us to improve our products with world-class technology.
Fireblocks is an all-in-one platform for institutional wallet management, allowing blockchain companies to scale their business without having to build expensive back-end technology and security for wallet management within their products.
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