● Bison Digital Assets adopts Fireblocks’ MPC technology, enhancing clients’ digital wallet security.
● The integration of Fireblocks platform strengthens Bison Digital Assets’ position in the digital assets market, enabling agile support for new offerings and use cases in this industry.
Lisbon, November 5th, 2024 -Bison Digital Assets, the crypto-asset subsidiary of Bison Bank, a private investment bank based in Lisbon, announced the integration of Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain. This integration will provide an even more secure environment for the transfer, storage, and issuance of digital assets.
This represents a significant evolution for Bison Digital Assets, which now has full and independent control of its customers’ digital wallets. With the implementation of Fireblocks MPC infrastructure, Bison Digital Assets gains the ability to operate under the most advanced technology in terms of security to create, manage and secure digital wallets.
“We are elevating the level of security for our customers’ assets,” says António Henriques, CEO of Bison Bank and Bison Digital Assets. “Fireblocks not only offers us more robust protection but also allows us to plan for the future with the flexibility to address the growing diversity of market needs, such as the increasing trend of tokenizing real-world assets on blockchain,” he adds.
This integration comes at a time when the crypto asset market is gaining increasing attention from institutional investors. Fireblocks is trusted by more than 2,000 leading financial organizations and has ensured the safe transfer of more than $6 trillion in digital assets. Its clients include some of the largest banks in the world. Working with Fireblocks is a clear indication that Bison Bank’s crypto asset subsidiary is positioning itself as a major player in the emerging digital asset market.
“As Europe ushers in a new era of digital asset adoption, we’re thrilled to work with the likes of Bison Digital Asset to embrace the potential of crypto finance,” said Jonathan Dakin, Head of EMEA at Fireblocks. “Bison Bank is a pioneer in adopting financial technology to offer their customers greater control and choice over their investments. By integrating Fireblocks into their platform, we look forward to the groundbreaking new products they have in store for their customers.”
Bison Digital Assets reinforces its services with a clear focus on the latest technological developments, being envisaged to continue expanding its range of partners as part of its strategic growth, security, and risk management strategy.
Bison Bank, S.A. is a Portuguese bank offering Wealth Management, Depository Banking, Custody, and Investment Banking services to individual and institutional clients. It connects European and global markets from its Lisbon headquarters, with a strong presence in Europe and through international partners.
Bison Digital Assets – BDA, is the first Bank of Portugal-licensed virtual asset service provider owned by a Portuguese Bank, and bridges digital currency and traditional finance in a regulated environment. It offers Digital Asset Custody and Exchange services to individuals and institutions.
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables institutions to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves thousands of financial institutions, has secured the transfer of over $6 trillion in digital assets. For more information, please visit www.fireblocks.com.