{"id":140707,"date":"2023-06-09T22:01:57","date_gmt":"2023-06-09T22:01:57","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=140707"},"modified":"2023-09-04T06:54:04","modified_gmt":"2023-09-04T06:54:04","slug":"metamask-institutional-and-fireblocks-partner-to-offer-defi-and-web3-access","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/metamask-institutional-and-fireblocks-partner-to-offer-defi-and-web3-access\/","title":{"rendered":"MetaMask Institutional and Fireblocks Partner to Offer DeFi and Web3 Access"},"content":{"rendered":"<p style=\"text-align: justify;\">MetaMask Institutional (MMI), a renowned web3 wallet for organizations, and Fireblocks, a platform specializing in secure DeFi access and crypto operations, have <a href=\"https:\/\/consensys.net\/blog\/press-release\/metamask-institutional-and-fireblocks-integrate-to-offer-unrivaled-defi-and-web3-access\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> a partnership aimed at providing institutional investors and blockchain developers with a comprehensive solution for secure access to <a href=\"https:\/\/crypto-economy.com\/defi-decentralized-finances\/\" target=\"_blank\" rel=\"noopener\">decentralized finance (DeFi)<\/a> and web3 applications.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce3We\u2019re thrilled to announce our partnership with <a href=\"https:\/\/twitter.com\/FireblocksHQ?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@FireblocksHQ<\/a>. <\/p>\n<p>Our integration will provide the most complete enterprise-grade wallet security and portfolio management solution for institutional investors and builders\ud83d\ude80<a href=\"https:\/\/t.co\/I5rIQ0xXiO\" target=\"_blank\">https:\/\/t.co\/I5rIQ0xXiO<\/a> <a href=\"https:\/\/t.co\/UghokJT4QZ\" target=\"_blank\">pic.twitter.com\/UghokJT4QZ<\/a><\/p>\n<p>&mdash; MetaMask Institutional (@MMInstitutional) <a href=\"https:\/\/twitter.com\/MMInstitutional\/status\/1666794419000057856?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">June 8, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Metamask Institutional and Fireblocks join forces to boost institutional Web3 adoption<\/h2>\n<p style=\"text-align: justify;\"><strong>The partnership benefits the over 1,800 organizations currently utilizing Fireblocks<\/strong>, as they gain access to MMI&#8217;s extensive portfolio management solutions and seamless connectivity to more than 17,000 DeFi and Web3 applications.<\/p>\n<p style=\"text-align: justify;\">By linking their Fireblocks accounts to MMI, <strong>users can engage in a wide range of activities, including investing, trading, lending, borrowing, liquidity provision, and asset bridging across various Ethereum Virtual Machine (EVM) chains<\/strong>. The team behind the collaboration emphasizes that the security of Fireblocks&#8217; MPC wallet infrastructure and Policy Engine for transaction governance and signing provides an added layer of safety for these operations.<\/p>\n<p style=\"text-align: justify;\"><strong>MetaMask Institutional reciprocates the collaboration by offering Fireblocks&#8217; users a host of features to enhance their web3 portfolio management experience<\/strong>. These features include digital asset monitoring, protocol allocation breakdowns, and in-depth transaction reporting, all conveniently accessible through a single dashboard.<\/p>\n<p style=\"text-align: justify;\">Furthermore, the integration between MetaMask Institutional and Fireblocks also introduces team management settings with automated onboarding and organization-wide portfolio views. This integration enables users to assess performance and profit\/loss (P&amp;L) attribution metrics for ERC-20 tokens and major DeFi protocols, providing valuable insights for informed decision-making.<\/p>\n<h2 style=\"text-align: justify;\">Extensive Solutions for Institutional Investors<\/h2>\n<p style=\"text-align: justify;\">This comes at a time when the crypto industry is experiencing rapid development and increasing institutional interest. <strong>A <a href=\"https:\/\/www.ey.com\/en_us\/financial-services\/how-institutions-are-investing-in-digital-assets\" target=\"_blank\" rel=\"noopener\">recent study<\/a> conducted by EY-Parthenon revealed that nearly 60% of institutional investors are actively exploring entry into the crypto space<\/strong>, recognizing the long-term benefits of digital assets.<\/p>\n<p style=\"text-align: justify;\">As institutional interest in the crypto market continues to surge, the demand for secure and efficient digital asset management solutions becomes increasingly critical. Therefore, <strong>partnerships like this play a pivotal role in facilitating institutional participation and driving the adoption of decentralized technologies<\/strong> as the crypto industry continues to evolve and mature.<\/p>\n<p style=\"text-align: justify;\">As more organizations recognize the potential and long-term benefits of digital assets, the demand for secure and efficient management solutions will continue to grow. By merging wallet security, portfolio management, and connectivity to thousands of decentralized applications, <strong>this partnership paves the way for increased institutional participation and the adoption of Web3 and Defi<\/strong>, ultimately driving the growth of the crypto industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MetaMask Institutional (MMI), a renowned web3 wallet for organizations, and Fireblocks, a platform specializing in secure DeFi access and crypto operations, have announced a partnership aimed at providing institutional investors and blockchain developers with a comprehensive solution for secure access to decentralized finance (DeFi) and web3 applications.<\/p>\n","protected":false},"author":26,"featured_media":140709,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74],"tags":[5287,4979,5453],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/140707"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=140707"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/140707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/140709"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=140707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=140707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=140707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}