Ibanera, a global fintech, announced on Tuesday it has joined forces with digital asset platform Fireblocks to enhance its crypto service offering.
Ibanera reported that its platform provides account issuance, cross-border transfers, and currency exchange services to both corporate and retail customers. Through the collaboration, Ibanera customers will now be able to leverage the Fireblocks Network to safely transfer crypto funds in real-time. Fireblocks’ technology uses multiparty computation (MPC) and patent-pending chip isolation technology (SGX) to protect users’ private keys, deposit addresses, and API keys.
While speaking about the partnership, Michael Shaulov, CEO of Fireblocks, stated:
“We are thrilled to have Ibanera join the Fireblocks Network. Providing support for Ibanera gives us the opportunity to extend our secure MPC wallet services to an innovative, licensed provider that services a multitude of industries globally.”
Bjorn Snorrason, General Manager of Ibanera, added:
“Fireblocks is a global leader in digital asset security. Our partnership provides another layer of protection for customers using various cryptocurrencies for cross-border payments and balance transfers.”
Ibanera is regulated in the U.S., Canada, Europe, and Singapore.