XION Integrates with Fireblocks to Boost Institutional Blockchain Adoption
XION, a consumer-focused Layer-1 blockchain, has integrated its blockchain-based environment into Fireblocks' secure vault and settlement platform. This collaboration, announced on December 1, 2021, aims to make blockchain technology more accessible and secure for institutions.
XION, designed for mainstream adoption, focuses on everyday use cases like payments, loyalty, gaming, and tokenization. Its founder, Anthony Anzalone, sees this integration as a key milestone, enabling enterprises to access XION's walletless, gasless blockchain environment securely.
Fireblocks, a digital asset infrastructure provider trusted by 2,200 institutions, offers custody, settlement, and compliance services at scale. Its Strategy Lead, Ezra Solomon, believes supporting XION enables secure institutional participation in next-generation blockchain ecosystems. The integration addresses key adoption barriers for institutions, such as wallet infrastructure, seed phrases, and gas fees.
By combining XION's consumer-friendly environment with Fireblocks' secure infrastructure, the integration removes adoption barriers, allowing large enterprises to scale blockchain programs securely. This strategic partnership opens up new possibilities for institutional participation in blockchain technology.
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