April 27, 2023
 min read

Northstake announces Fireblocks as custodial technology platform

Thomas V. Daugaard

We are beyond excited to announce that we have chosen Fireblocks as our technology platform to securely self-custody staked assets and manage our crypto operations.

Fireblocks is an easy-to-use platform to create new blockchain-based products and manage day-to-day digital asset operations. Integrating with Fireblocks will allow Northstake to strengthen our existing staking product offerings and offer custody services to our clients.

Fireblocks deliver a secure infrastructure for managing and storing digital assets while combining MPC-CMP with hardware isolation to create a multi-layer security technology. MPC split private keys into “key shares” that can be distributed across multiple physical devices, which allow signing thresholds and policies to be implemented.

Fireblocks will support Northstake in the continued development of our crypto assets staking products and structured product offerings.

Find out more about Fireblocks: https://www.fireblocks.com/

About Fireblocks

Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves over 1,500 financial institutions, has secured the transfer of over $3 trillion in digital assets, and has a unique insurance policy that covers assets in storage & transit. Some of the biggest trading desks have switched to Fireblocks because it’s the only solution that CISOs and Ops Teams both love. For more information, please visit www.fireblocks.com.

About Northstake A/S

Northstake A/S is a regulated Virtual Asset Service Provider (VASP, FTID: 17520) under DFSA and AMLD5. Northstake is pioneering a proprietary multi-chain crypto staking platform allowing financial instruments to be built on top and offer exposure to yield-bearing crypto assets. By removing the barriers to crypto and ensuring compliance within the current and future regulatory scope, investors may build yield-generating crypto products leveraging our platform and distribution model. Northstake bridge TradFi and crypto by simplifying the way institutions invest in crypto products

Northstake Media Contact:  

Jesper Johansen (CEO)