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International Business Times

Business

Marvie Basilan

EXPLAINED: Crypto institutional adoption on rise transactions surge 85 on fireblocks | Rare Historical Photos

Fireblocks Crypto Bitcoin

Fireblocks has been providing secure and scalable service since 2018. (Credit: Fireblocks Twitter)

KEY POINTS

Institutional investor activity reached 15.6 million transactions worth $207 billion on Fireblocks
Fireblocks said the surge highlights there is 'rapidly-building momentum' among institutional investors in crypto
The network's total amount of assets held has grown from $13.4 billion in July 2022 to $60 billion

The lines that once blurred the traditional and digital economy are coming into view, as decentralized platforms enable a host of transactions and activities that once were impossible, and the revolution is now being centered on institutional investors.

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