Fireblocks Integrates IOTA EVM for Enhanced Institutional Access

Fireblocks has integrated IOTA's Ethereum Virtual Machine (EVM). This integration is set to provide institutional and enterprise users with the ability to securely store

Fireblocks has integrated IOTA's Ethereum Virtual Machine (EVM) to provide secure storage, transfer, and management of IOTA tokens for institutional users.

This integration will allow institutional and enterprise users to securely store, transfer, and manage IOTA tokens and tokenized assets on the IOTA EVM platform, the IOTA Foundation Blog reports.

The integration of IOTA EVM by Fireblocks is a significant step in enhancing the digital asset ecosystem. It offers enterprise-grade infrastructure for various services, including treasury management, decentralized finance (DeFi), and GameFi. By utilizing Fireblocks’ console and API, institutional users can now conduct transactions involving IOTA tokens and assets on the IOTA EVM platform.

Fireblocks and IOTA are committed to fostering a new digital economy by supporting projects ranging from small-scale initiatives to large institutional entities. This collaboration aims to make digital assets as accessible and secure as traditional financial assets.

About Fireblocks

Fireblocks provides a user-friendly platform for creating blockchain-based products and managing digital asset operations. The platform is widely used by exchanges, banks, payment service providers (PSPs), lending desks, custodians, trading desks, and hedge funds to scale their digital asset operations securely. With a unique insurance policy covering assets in storage and transit, Fireblocks has facilitated the secure transfer of over $6 trillion in digital assets. The platform supports more than 80 protocols and offers extensive support for both public and private EVMs.

Institutional IOTA Access

Effective immediately, institutional and enterprise users can take advantage of several features:

This integration marks a pivotal milestone for IOTA EVM, contributing to a robust ecosystem for institutional and enterprise users. By simplifying the processes of storage, transfer, and creation of tokens, the integration enables developers to focus on product innovation without concerns over security or custody.