Q1 2024 marked a significant milestone for Web3 venture funding, with a 55% surge in total investments from VC funding for Web3 startups. Web3-related startups raised nearly $1.9 billion, according to Fireblocks.

Fireblocks for Startups

As Web3 startup funding surges, Fireblocks is already powering the next wave of innovation with its easy-to-implement technology and battle-tested security. Following a successful pilot, Fireblocks has announced the launch of Fireblocks for Startups, a suite of self-service tools designed specifically for startups to easily build blockchain-based products. These tools enable companies to get to market quickly and accelerate their revenue while managing multiple technical integrations seamlessly.

Key Features

Fireblocks for Startups includes several key features:

• Custody solutions ranging from treasury management to wallets-as-a-service, enabling seamless operations at scale.
• Insurance for asset transfers and risk reduction features to handle essential blockchain operations.
• Configurable governance and workflow authorization policies that can be automated to reduce manual resources.
• Access to the Fireblocks Network, the industry’s largest digital asset network, providing direct connectivity to 65+ blockchains, 35+ exchanges, and more.

According to Fireblocks, the most novel use cases and best ideas still come from builders who are the cornerstone of the ecosystem. Successful projects often go through hypergrowth during market upswings, focusing on maintaining front-end stability and sometimes neglecting security. Fireblocks for Startups ensures innovation is always in lockstep with security, offering a robust and accessible infrastructure for Web3 builders.

Empowering Startups

Since its founding, Fireblocks has aimed to enable every business to securely support digital assets and cryptocurrencies. The company has provided secure technology platforms to both enterprises and startups, with 1 in 4 of its customers being startups or SMBs. Fireblocks has helped these businesses expand their offerings and reach new markets.

Fireblocks has continually worked closely with builders to understand their needs—speed to market, easy-to-integrate APIs, and a secure, future-proof platform. This understanding led to the creation of Fireblocks for Startups, which offers speed, security, and simplicity for launching and expanding blockchain-based businesses.

A startup utilizing Fireblocks expressed satisfaction with the toolkit, stating that it helped streamline their blockchain operations, accelerate market readiness, and maintain high security standards.

Fireblocks provides a comprehensive solution for custodying assets in MPC wallets, protecting against insider threats and attackers, managing day-to-day operations, and building blockchain businesses without replatforming.

For more details, visit the official announcement.

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