Centrifuge, the tokenization platform for asset managers, announced that it has now integrated with Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain.

The integration will allow Centrifuge users to directly integrate Fireblocks into their fund management workflow to create a more seamless end-to-end experience, as well as help scale institutional adoption of Real-World Assets (RWAs) by offering access to Centrifuge to over 2,000 institutional counterparties on the Fireblocks Network, the industry’s largest digital asset network.

"Fireblocks attracts the world's largest and most respected financial institutions for their world-class security, compliance, and infrastructure," said Bhaji Illuminati, CMO of Centrifuge. "We're excited to integrate Fireblocks to bring our customers closer together and simplify the process of issuing and managing tokenized RWAs for asset managers."

By leveraging Fireblocks, Centrifuge enables asset managers to tokenize and launch funds through Centrifuge's backend infrastructure, while providing secure custody and wallet management for both Centrifuge's native assets and the CFG token.

"Fireblocks has consistently led the way in providing the most extensive range of blockchain support. With a growing list of over 80 supported blockchains, Fireblocks enables our customers to securely custody tokens on the latest chains and quickly build innovative services for their customers. By integrating Centrifuge, we will help meet the growing demand for real-world asset tokenization, as well as bringing these assets onchain," said Idan Ofrat, Chief Product Officer at Fireblocks.

The integration will transform the experience for institutions such as BlockTower, who is a mutual customer of both Fireblocks and Centrifuge. BlockTower can now leverage Fireblocks’ secure, non-custodial framework to safely store and manage their digital assets. Centrifuge facilitates the tokenization process, enabling BlockTower to convert structured credit assets into digital tokens. In addition, Centrifuge's smart contracts automate critical financial operations, streamlining processes, lowering costs, and reducing the need for intermediaries. As a result, Centrifuge and Fireblocks enable BlockTower to better manage and operate a structured credit strategy onchain.

“At BlockTower, security and efficiency are key to how we manage our assets. This integration between Centrifuge and Fireblocks allows us to securely store and manage digital assets while simplifying the tokenization of structured credit. It’s a straightforward solution that helps us operate more smoothly onchain,” said Kevin Miao, Head of BlockTower Credit.

Fireblocks is trusted by more than 2,000 leading financial organizations and has ensured the safe transfer of more than $6 trillion in digital assets. Its clients include some of the largest banks in the world, including BNY Mellon, BNP Paribas, ABN AMRO, ANZ Bank, and more.