Fireblock is a digital asset security platform that helps financial institutions protect digital assets from theft or hackers by using breakthrough MPC & patent-pending chip isolation technology to secure private keys, API credentials and eliminate the need for deposit addresses. Since its launch in 2019, the company has secured the transfer of over USD 300 billion in digital assets and supports over 180 financial institutions.
Fireblock has closed series D round at $310M total raise from seven investors (Coatue, DRW Venture Capital, SCB 10X, Sequoia Capital, Spark Capital, Stripes). The latest funding has tripled the company valuation to $2.2B. Fireblock has raised a total of $489M in funding over four rounds from 20 investors.
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