Israeli blockchain company Fireblocks plans to make it easier for its customers to access crypto payments.
Fireblocks has announced the completion of its acquisition of the First Digital platform, which specializes in stablecoin payments. According to the CEO of the blockchain company Michael Shaulov, the deal should help expand the payment options of customers.
First Digital was founded in 2017. The platform is a payment service that accepts stablecoins and provides its users with the ability to accept payments in cryptocurrencies.
Now Fireblocks customers, the company expects, will find it easier to integrate cryptocurrency payment systems into their business without fear of high costs, fraud or money laundering schemes.
The purchase of First Digital should allow the blockchain company to expand support for cross-border payments with USDC, Celo and other stablecoins this spring. According to the company, the clients themselves will not have to do anything, all new features will immediately appear in the interface of the company’s tools.
Recall that at the end of January, Fireblocks announced the completion of a $550 million funding round, which increased its market capitalization to $8 billion.
Source: Bits
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