Blockchain
ConsenSys, one of the largest software developers for the Ethereum blockchain, said its MetaMask Institutional wallet will be integrated with Fireblocks, a custodial provider that offers a range of tools for cryptocurrency payments.
The integration, which goes live on June 12, will give institutional investors and builders using Fireblocks the ability to access the full suite of MetaMask Institutional (MMI).
According to a press release, more than 1,800 organizations already use Fireblocks and their accounts can connect to MMI where they can trade, borrow or invest with more than 17,000 decentralized applications (dapps) such as Aave, Lido and GMX.
Johann Bornman, global product lead at MetaMask Institutional, told CoinDesk that over the past two years it became clear that Fireblocks and MetaMask shared many of the same users. “Last year at Permissionless, we met the Fireblocks team in person and began discussing the possibility of collaborating more formally. Those conversations resulted in our two groups meeting over the past year to put the details together.”
The announcement comes a few weeks after ConsenSys shared that it has created a marketplace for MMI where companies can choose from a variety of staking services, such as Allnodes, Blockdaemon, and Kiln.
“This integration brings together two great products and further supports our goal to bridge every organization to web3,” Bornman said in the press release.
Read more: MetaMask Institutional from ConsenSys begins to deploy marketplace with Allnodes, Blockdaemon, Kiln
