Blockchain infrastructure provider and crypto custodian Fireblocks has secured another $310 million in strategic investments, bringing its total valuation to $2 billion and marking another major milestone for the company.
Michael Shaulov, CEO of Fireblocks, told Cointelegraph that the funding would go toward expanding internal capacity, including increasing the research and development and support teams. "In addition, we are aggressively expanding into markets such as EMEA and APAC, and we will use funds to grow our go-to-market team," Shaulov said, adding that Fireblocks will place even more emphasis on strategic partnerships.
Since launching in 2019, Fireblocks has raised a cumulative $489 million from leading blockchain venture firms. As Cointelegraph reported, the company secured $133 million in Series C financing in March of this year.