Fireblocks
Fireblocks Inc.
Data verified on last change the sources
Worth it if you're an institution that must custody and move assets across chains: SOC 2 Type II and ISO 27001-certified MPC, with over 150 blockchains supported.
Avoid it if you're a consumer or want a comparable price upfront: pricing is not public and custody responsibility still stays with the client.
Fireblocks is a digital-asset infrastructure platform providing custody, transfer and settlement based on multi-party computation (MPC) and hardware isolation, used by financial institutions, exchanges and Web3 platforms. It is not a qualified custodian of client funds: it provides the technology with which clients hold and move assets while retaining control of the keys. Over 2,400 organizations (including 80+ banks in production) use it to secure transactions across 150+ blockchains, for more than $10 trillion in cumulative volume.
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Not disclosed |
| Custody model | MPC |
| Customer type | Enterprise, Fintech, Developers, Platforms |
| Certifications | SOC2-T2, ISO27001, ISO27017, ISO27018, ISO22301 |
| Fund custody | Self-custody (funds in your control) |
| Supported countries | US, EEA, UK, APAC, MENA, LATAM |
| OAM Italy registration | No |
| Segment | B2B |
| Funding / solidity | Founded in 2018. Raised about $1.04 billion, including a $550M Series E in January 2022 at an $8 billion valuation. Over 2,400 client organizations (including 80+ banks in production); more than $10 trillion in cumulative secured transactions. |
| MiCA / License status | Not disclosed |
Strengths
- Industry standard for MPC infrastructure: used by 2,400+ organizations, including 80+ banks in production, for over $10 trillion in cumulative volume.
- SOC 2 Type II (Ernst & Young audit), ISO 27001/27017/27018/22301 and CCSS QSP Level 3 certified, with regular penetration testing.
- Broad multi-chain support (150+ blockchains) with transfer governance and policies.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Enterprise B2B service: not accessible to end consumers.
- Pricing not public, aimed at institutions.
- Not a regulated custodian: it provides technology, custody responsibility stays with the client.
- No notable sovereignty drawback documented.
Verdict
Score 4.7/5, outstanding profile. In its favour: industry standard for MPC infrastructure: used by 2,400+ organizations, including 80+ banks in production, for over $10 trillion in cumulative volume. The trade-off to weigh: enterprise B2B service: not accessible to end consumers.
On the Sovereignty lens the score is 3.9/5 (very strong): the strength is fund control (3.9/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Can an individual use Fireblocks?
No. It is enterprise infrastructure for institutions, exchanges and Web3 businesses, not for consumers.
Does Fireblocks custody my crypto?
Fireblocks provides the MPC technology with which clients custody their own assets while keeping control of the keys: it is not a qualified custodian holding funds on your behalf.
Sources
- Official service page Descrizione · Prodotto · Mpc · Custody Data verified on Jul 17, 2026
- fourester.com Funding · Valutazione · Adozione Data verified on Jul 17, 2026
Update history
- Figures updated: over $10 trillion in cumulative secured volume across 150+ blockchains (previously 100+). Adoption: 2,400+ organizations, including 80+ banks in production. Certifications: SOC 2 Type II (Ernst & Young audit), ISO 27001/27017/27018/22301, CCSS QSP Level 3. Valuation unchanged at $8bn ($550M Series E, January 2022).