FV digital bank, headquartered in Puerto Rico, will leverage Fireblocks, for its unique MPC-based wallet and network infrastructure.
Fireblocks’ infrastructure will integrate seamlessly into FV Bank’s online systems for its international customers’ usage. It is a move that will enable FV Bank to scale, enhance, and add new products to their service offering. Products that FV regards as “unprecedented” in regulated institutions.
FV Bank’s CEO and co-founder, Miles Paschini, explained “It is very important that our offerings take advantage of the industry’s leading digital asset management infrastructure solution as we move to prove banks can compete and lead in the convergence of digital assets management and fiat-based accounts. Selecting Fireblocks’ wallet infrastructure gives us a competitive edge, as it will enable us to securely and rapidly deploy a ground-breaking offering from a regulated international bank. We also are committed to provide insurance over our clients assets under management,”
Fireblocks execs commented about the new partnership. Company CEO Michael Shaulov said “FV Bank’s integration of the Fireblocks platform brings us a step closer in our effort to enable secure digital asset adoption among traditional financial institutions.”
