Fireblocks Trust Company has teamed up with Galaxy, Bakkt and other crypto heavyweights to meet increasing institutional demand for secure digital asset custody.
Fireblocks Trust Company, a New York State-regulated custodian under the Fireblocks platform, has partnered with Galaxy, Bakkt, FalconX and Castle Island to expand institutional-grade crypto custody.
Operating under New York Department of Financial Services (NYDFS) oversight, the company is rolling out a custody framework to meet soaring institutional demand for regulated digital asset infrastructure spanning ETFs, digital asset treasuries (DATs) and token launches, according to a Wednesday announcement.
“Regulatory compliance and security are non-negotiable,” said Matt Walsh, founding partner at Castle Island. “Fireblocks Trust Company delivers on both fronts with their qualified custodian status and robust operational controls,” Walsh added.
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