BlockQuake partners with Fireblocks for wallet security

Source: IBS Intelligence 2020-06-19

Fireblocks, an institutional platform for securely moving blockchain-based digital assets, has announced its support to supporting BlockQuake, a regulatory-driven digital asset exchange upon its upcoming launch.

Under the partnership, BlockQuake will utilise Fireblocks’ MPC-based wallet infrastructure to advance its exchange operations, enhancing the speed at which customers can access and withdraw funds. BlockQuake will also join the Fireblocks Network, to connect with some of the largest financial institutions and exchanges. Fireblocks also aligns with BlockQuake on its focus on regulatory compliance, performance, and security.

Fireblock recently launched Asset Transfer Network for on-chain settlement process.

“We are proud to partner with Fireblocks as a solution to the increasing demands for wallet security. Fireblocks was created by some of the best technologists that we have encountered in the cryptocurrency space. Like BlockQuake, they also strive for regulatory compliance. Our partnership with the Ernst & Young certified platform ensures that our users’ assets are always safe when trading in real-time, no matter the size of the investment,” said says Antonio Brasse, CEO, and Co-Founder of BlockQuake.

BlockQuake Exchange provides traders with a highly trusted and secure trading platform that is more equipped to handle peak trading volume. Upon launch, BlockQuake’s centralised exchange plans to provide traders with six fiat on-ramps, seven cryptocurrencies, and seven stable coins while continuously onboarding new fiats, cryptocurrencies, and other digital assets.

“By integrating Fireblocks, the BlockQuake platform is able to launch with an infrastructure that is sustainable for scaling its operation. With Fireblocks’ level of speed and security, BlockQuake will have a competitive advantage when it comes to delivering the fastest and most secure trades,” said Michael Shaulov, CEO and Co-Founder of Fireblocks.

The BlockQuake Exchange will allow traders from over 140 countries to deposit funds via their credit/debit card and feature a trading fee of .2% for both makers-takers and no fees for withdrawals. It will also increase accessibility to retail and institutional traders through accepting corporate, retirement, and trust accounts. Earlier the company had partnered with custodian Prime Trust and applied for a New York State BitLicense, currently pending approval.

Fireblocks

BlockQuake

BlockQuake partners with Fireblocks for wallet security

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