Fireblocks launches solution for custody of assets off exchanges

Fireblocks, a provider of cryptocurrency custody technology, has launched a solution to custody assets outside the exchange. This solution supports customers to keep assets outside the exchange but still trade on the exchange. Only at the time of settlement will the funds be transferred from the custody platform. out. Stephen Richardson, senior vice president of financial markets at Fireblocks, said the arrangement could help clients minimize their exposure to cryptocurrency exchanges. Huobi and Deribit have become partners for this product.