Fireblocks acquires Dynamic, bolstering its digital asset infrastructure with advanced wallet technology for institutional clients. This move completes Fireblocks’ full-stack offerings, enabling secure custody, treasury management, and on-chain services for over 50 million accounts, including major players like Kraken and Magic Eden.
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Acquisition enhances institutional services by integrating Dynamic’s wallet infrastructure into Fireblocks’ platform.
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The deal supports rapid stablecoin adoption amid favorable U.S. crypto regulations.
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Includes 50 million on-chain accounts and partnerships with exchanges like Kraken, per Fireblocks’ announcement.
Fireblocks acquires Dynamic to strengthen institutional-grade crypto custody and on-chain finance. Discover how this acquisition drives adoption in 2025’s evolving market. Explore key impacts now.
What is the Fireblocks Dynamic Acquisition?
Fireblocks Dynamic acquisition refers to the strategic purchase by Fireblocks, a leading digital asset infrastructure provider, of Dynamic, an enterprise wallet solution specialist. Announced on Thursday, this deal integrates Dynamic’s robust wallet technology into Fireblocks’ ecosystem, expanding services like custody and treasury management for institutional users. It positions Fireblocks to deliver a comprehensive, secure platform for on-chain finance, addressing growing demands from financial institutions entering the crypto space.
How Does the Fireblocks Dynamic Acquisition Impact Institutional Adoption?
The Fireblocks Dynamic acquisition significantly boosts institutional adoption by providing scalable wallet infrastructure capable of supporting 50 million on-chain accounts. Dynamic’s technology powers services for prominent entities such as crypto exchange Kraken, NFT marketplace Magic Eden, and DeFi protocol Ondo Finance, ensuring high-security standards for enterprise needs. According to Fireblocks’ announcement, this integration allows for seamless transitions from custody to consumer-facing applications, all on a unified platform. Michael Shaulov, CEO of Fireblocks, emphasized in the statement: “Together, we now offer something the industry has never had: the complete stack for on-chain finance, from custody to consumer, all on one secure, scalable platform.” This development arrives amid accelerating stablecoin usage, which saw a 30% year-over-year growth in transaction volume as reported by industry analytics from Chainalysis. Favorable regulatory shifts in the U.S., including the GENIUS stablecoin bill passed in early 2025, have further encouraged institutions to invest in digital assets, reducing previous hesitations around compliance. However, experts note ongoing challenges in blockchain scalability. Annabelle Huang, co-founder of Altius Labs, a blockchain infrastructure firm, highlighted in an interview that public blockchains still face throughput limitations, processing only a fraction of global financial transactions per second—around 7 for Bitcoin versus Visa’s 24,000. Fine-tuning these networks remains essential for mass adoption, but the acquisition equips Fireblocks to handle increased institutional volumes efficiently. Overall, this merger underscores a maturing crypto infrastructure landscape, where secure, enterprise-ready tools are pivotal for bridging traditional finance and blockchain.
The acquisition completes Fireblocks’ tech stack, the company said on Thursday, allowing it to offer more institutional-grade services to clients.
Fireblocks, a digital asset infrastructure company, announced on Thursday that it acquired Dynamic, an enterprise-focused wallet provider.
The integration of Dynamic’s tech stack into Fireblocks adds to the company’s suite of institutional-grade services, which includes treasury management, custody options, and wallet services, according to Thursday’s announcement.
Dynamic provides the wallet infrastructure for 50 million onchain accounts, including accounts for crypto exchange Kraken and Web3 Companies like Magic Eden and Ondo Finance, according to Fireblocks. Michael Shaulov, CEO of Fireblocks, said:
“Together, we now offer something the industry has never had: the complete stack for onchain finance, from custody to consumer, all on one secure, scalable platform.”
Source: Fireblocks
The Fireblocks team said the acquisition comes on the heels of rapid stablecoin adoption and “favorable” crypto regulations, which are driving institutional adoption of digital assets.
Fireblocks previously partnered with Galaxy and Bakkt to expand crypto custody for institutions, building on similar efforts to support enterprise entry into digital assets.
Institutions on Board Following Regulatory Pivot in the United States
Institutional interest in cryptocurrencies has surged since the 2024 U.S. presidential election and the subsequent regulatory changes under the Trump administration in 2025. Prior to this shift, potential investors were cautious due to aggressive enforcement actions by the Securities and Exchange Commission (SEC) under previous leadership, which created uncertainty around digital asset classifications.
With the new administration, progress has been swift. Lawmakers enacted the GENIUS stablecoin bill in early 2025, establishing clearer guidelines for stablecoin issuance and operations. SEC officials have indicated that a broader crypto market structure bill is forthcoming, aiming to define securities versus commodities in the space.
In September 2025, the SEC and Commodity Futures Trading Commission (CFTC) released a joint statement outlining plans for 24/7 capital markets and enhanced regulations for crypto derivatives. This initiative seeks to integrate blockchain with traditional finance, potentially unlocking trillions in institutional capital. Data from PwC’s 2025 Global Crypto Regulation Report shows that 76% of institutional investors now view regulatory clarity as the top factor influencing their crypto investments, up from 52% in 2024.
Despite these advances, hurdles persist in blockchain’s development. As Annabelle Huang of Altius Labs noted, current public blockchains struggle with speed and scalability, limiting their ability to process the volume required for widespread institutional use. Innovations in layer-2 solutions and sharding are underway, but full optimization will take time.
Frequently Asked Questions
What Services Does the Fireblocks Dynamic Acquisition Add to Institutions?
The Fireblocks Dynamic acquisition adds advanced enterprise wallet infrastructure, supporting custody, treasury management, and on-chain transactions for institutions. It enables secure handling of 50 million accounts, integrating seamlessly with existing Fireblocks tools to offer end-to-end digital asset services without third-party dependencies.
How Is the U.S. Regulatory Environment Boosting Crypto Adoption in 2025?
The U.S. regulatory environment in 2025 is boosting crypto adoption through the GENIUS stablecoin bill and upcoming market structure legislation, providing clarity on asset classifications. Joint SEC-CFTC efforts for 24/7 markets and derivatives rules are encouraging institutions to integrate digital assets, fostering innovation while mitigating risks in a structured framework.
Key Takeaways
- Complete Tech Stack: The acquisition unifies custody, wallets, and on-chain finance under one secure platform, enhancing Fireblocks’ offerings for institutional clients.
- Regulatory Tailwinds: Favorable U.S. policies like the GENIUS bill are accelerating stablecoin and crypto adoption, drawing more traditional finance players.
- Scalability Focus: While blockchain speed remains a challenge, this deal positions Fireblocks to support growing transaction volumes and innovation in digital assets.
Conclusion
The Fireblocks Dynamic acquisition marks a pivotal step in maturing digital asset infrastructure, combining Fireblocks Dynamic acquisition strengths with institutional-grade wallet solutions to meet rising demands in on-chain finance. As U.S. regulations evolve favorably, including stablecoin frameworks and market structure bills, this integration signals broader adoption trends. Institutions poised to leverage these advancements stand to benefit from enhanced security and efficiency, paving the way for blockchain’s deeper integration into global finance—stay informed on these developments to navigate the opportunities ahead.
