Fireblocks buys crypto accounting platform TRES for $130M

Fireblocks has acquired the crypto accounting platform TRES for $130 million. This acquisition aims to enhance Fireblocks' offerings in digital asset management and streamline accounting processes for its clients. TRES specializes in providing accounting solutions tailored for cryptocurrency firms, which aligns with Fireblocks' focus on security and compliance in the crypto space. The deal reflects the growing demand for robust financial infrastructure in the rapidly evolving digital asset market.

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