FIS Partners With Fireblocks to Provide Crypto Trading and Defi for Institutional Clients - BitcoinEthereumNews.com
Israeli crypto custodian Fireblocks has partnered with FIS – the largest processing and payments company in the world – to bring crypto adoption to capital markets. FIS clients can now access a full suite of crypto investment solutions including trading, storage, and Defi. Bringing Crypto to Institutions Ayon sa isang pahayag from the company, FIS is granting firms of all types “access to the largest crypto trading venues, liquidity providers, lending desks, and Defi applications.” The anouncement references a statistic suggesting that over two-thirds of institutional investors want to include digital assets in their portfolios. Indeed, a recent survey of financial advisors shows similar sentiment, with 72% of respondents nagpapakita ng interes in crypto investment if a US spot ETF is approved. Investors like Kevin OLeary at Michael saylor have repeatedly highlighted the regulatory hurdle institutions need to overcome to access crypto markets. These challenges range from obscurity around government policy to internal company carters restricting investment in the space. FIS will leverage the Fireblocks platform to let its corporate clients move, store, issue, and self custody their crypto assets. Networks for asset transfer, crypto staking, lending, and Defi will also be provided. “As digital currencies become more mainstream, capital markets firms will greatly benefit from