Timechain Joins The Fireblocks Network To Push Institutional Adoption of DeFi And Crypto Higher

Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen strongly throughout 2021 and early 2022. That growing demand for exposure creates opportunities for digital asset management and DeFi service providers like TimeChain. The Canadian firm provides various robust trading and financial tools for institutional clients to explore. Moreover, its offerings are of a higher level than other Canadian crypto service providers, giving Timechain a solid competitive edge. Another benefit of the Timechain ecosystem is its TimeChainSwap distributed exchange. It facilitates conversion between supported assets and sources of liquidity from multiple blockchains and ecosystems. Interoperability is a crucial aspect of the blockchain industry today and in the future. The integration of Timechain with Fireblocks and its network paves the way for the broader adoption of Timechain’s solutions. Fireblocks network participants include OTCs, liquidity providers, hedge funds, asset managers, and major global banks. Financial institutions pay close attention to the cryptocurrency industry today. “This partnership allows us to offer our customers an ultra-secure product, and will give us the opportunity to scale up our business in the future,” said Louis Cléroux, CEO of Timechain. “This is ...