Digital asset custody and transfer company Fireblocks announced that it has expanded its exchange connectivity by integrating support for Coinbase International Exchange.
Fireblocks’ retail and institutional customers will have an enhanced ability to manage their future and identify investment investments. Blending the support also makes operations safer and more secure.
Users can now access and use Fireblocks’ advanced governance and policy rules by connecting their Coinbase International Exchange accounts to the Fireblocks Network. These robust security measures are designed to protect foreign exchange transactions, including withdrawals and deposits, and provide a reassuring level of security.
“As we continue to expand our offerings for our institutional and retail customers, this collaboration underscores our commitment to providing a robust and reliable trading infrastructure for our global customers,” said Usman Naeem, CEO of Coinbase International Exchange.
Coinbase International Exchange is a platform designed to expand access to crypto for people outside the United States. It offers liquidity, trading structures and regulation and is a known name in the global crypto markets.
Fireblocks now has better management and security
Integration with Coinbase International Exchange provides Fireblocks customers with several benefits, such as improved management and security of exchange operations. Fireblocks’ Policy Engine prevents unauthorized fund transfers by configuring user roles, governance policies, and approval workflows for exchange transactions.
Customers can now carry out financing, rebalancing and transfers securely. They can deposit, withdraw and transfer assets between affiliated exchanges. This will help minimize the risks associated with whitelisting exchange addresses, thereby increasing security and efficiency.
This collaboration increases the security of international currency transactions and aligns with the goal of expanding access to crypto markets globally. Partnerships like this are crucial to ensuring a safe and reliable trading environment for future crypto customers.