Digital asset security platform Fireblocks has acquired Dynamic, a wallet infrastructure platform that has powered over 50 million on-chain accounts. The move is designed to bridge the gap between institutional-grade infrastructure and retail-facing applications, a sentiment echoed by industry observers.

This acquisition represents Fireblocks' first major expansion into consumer-facing digital asset technology. By integrating Dynamic’s tools, Fireblocks aims to enable fintechs and enterprises to build more seamless and secure on-chain experiences for their users. Dynamic brings with it a client roster that includes prominent names like Kraken, zerohash, and Magic Eden.

“We’ve seen this pattern before. The ability to simplify traditionally complex infrastructure – whether it’s communications with Twilio or bank connections with Plaid – unlocks immense developer activity. That same principle is true for crypto. Our team at Dynamic has done the same for embedding digital asset services in any application. Now, leveraging Fireblocks’ enterprise foundations, we will expand our reach to empower product teams globally with a complete, secure and compliant stack, enabling them to get digital asset functionality to production within days.” Itai Turbahn, Co-founder and CEO, Dynamic.

The deal signals a broader industry trend where institutional players are seeking to provide the security and trust of their core infrastructure to a wider retail audience. It underscores the growing importance of user experience and developer tooling in driving the next wave of on-chain adoption, blurring the lines between institutional and retail services.

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https://Fireblocks.com/blog/fireblocks-acquires-dynamic/