Eden

<p>Fireblocks, the enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, has signed a strategic partnership with the Tel Aviv Stock Exchange (TASE).</p> 
<p>TASE will leverage Fireblocks in order to provide institutional-grade digital asset solutions for regulated entities, aligning with its new strategic plan.</p> 
<p>This collaboration builds upon the resounding success of Project Eden a transformative initiative in which the Tel Aviv Stock Exchange and the Israeli Ministry of Finance joined forces to issue a government digital bond on a dedicated blockchain platform.</p> 
<h2 id="afuture-where-the-possibilities-for-digital-assets-are-boundless">"A&nbsp;future where the possibilities for digital assets are boundless"</h2> 
<p>Orly Grinfeld, EVP Head of Clearing at TASE, said:&nbsp;"The partnership between TASE and Fireblocks represents a monumental leap forward in the global digital assets landscape. We are unwavering in our pursuit of revolutionizing the industry and the local capital market, and this collaboration epitomizes our dedication to delivering secure, regulated, and innovative digital asset solutions. By harnessing the power of Fireblocks' advanced technology, we are poised to lead the charge into a future where the possibilities for digital assets are boundless."</p> 
<p>Michael Shaulov, Co-founder and CEO of Fireblocks, commented:&nbsp;“With Project Eden, our work with TASE has been one of the most exciting and ground-breaking digital asset use cases to date. Fireblocks is proud to be trusted by some of the most recognized banks and financial institutions in the world such as TASE to bring their digital asset strategies to production. The digital asset products and services that TASE is exploring will no doubt play foundational roles in the future of Israel’s economy and Fireblocks is excited to have the opportunity to provide the right infrastructure support and international expertise to bring these offerings to market.”</p> 
<h2 id="new-frontiers-in-tokenizing-various-assets-creating-new-markets">New frontiers in tokenizing various assets, creating new markets</h2> 
<p>By leveraging TASE's and Fireblocks' respective strengths, the companies are primed to unlock the full potential of digital assets within a secure, transparent, and regulated ecosystem.</p> 
<p>TASE, as a pioneer in the industry, understands the need to adapt and spearhead ground-breaking solutions. The partnership with Fireblocks underscores TASE's unwavering commitment to driving innovation within a regulated framework.</p> 
<p>By combining TASE's experience and market presence with Fireblocks' state-of-the-art technology, this collaboration will also open new frontiers in tokenizing various assets, creating new markets, and presenting unparalleled opportunities for growth for both TASE and the local capital markets.</p>

Tel Aviv Stock Exchange taps Fireblocks to launch digital asset solutions for regulated entities

Table of Contents

FinanceFeeds

Other articles published on Aug 3, 2023

Welcome Savings Bank Implements Blockchain-based Bank ID for Enhanced Customer Convenience

Genesis Extends Mediation for the Last Time, Says Its Lawyer

BTC, Quant, and IOTA Price Prediction Aug-2023: What’s New?

OKX Wallet Launches Account Abstraction-Powered ‘Smart Account’ Feature, Enabling USDT and USDC G...

Linde Stock Price Prediction: Will Results Lead to Reversal?

BlockFi victims set to get reimbursed

Join our free newsletter for daily crypto updates!