FV Bank Selects Fireblocks as Infrastructure Partner

For Digital Asset Custody Services

San Juan, Puerto Rico, June 25, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) FV Bank (www.fvbank.us), a licensed digital bank and digital asset custodian has announced today it has inked a deal with Fireblocks (www.fireblocks.com), an award winning platform for securing digital assets. FV Bank will be leveraging Fireblocks unique MPC-based wallet and network infrastructure to support the introduction of its digital asset custody services which will seamlessly be integrated within FV Bank’s online banking for its international customers. FV Bank is the one of the few banks which has a banking license and digital asset custody licenses which will enable FV Bank to offer new services inside a vertically integrated and regulated bank service offering.

“It is very important that our offerings take advantage of the industry’s leading digital asset management infrastructure solution as we move to prove banks can compete and lead in the convergence of digital assets management and fiat based accounts,” said Miles Paschini, CEO at FV Bank. “Selecting Fireblocks’ wallet infrastructure gives us a competitive edge as it will enable us to securely and rapidly deploy a groundbreaking offering from a regulated international bank.  We also are committed to provide insurance over our clients assets under management, Fireblocks secure infrastructure has gained the confidence of insurers allowing us to offer a bank grade solution to the marketplace.”

For FV Bank, leveraging Fireblocks’ MPC wallet infrastructure and being able to streamline liquidity settlements using our own proprietary FVNet in combination with the Fireblocks Network guarantees the best possible experience for our account holders. By leveraging Fireblocks, we will be able to scale and quickly enhance and add new products to our service offering which are unprecedented in a regulated bank.

“FV Bank’s integration of the Fireblocks platform brings us a step closer in our effort to enable secure digital asset adoption among traditional financial institutions,” said Michael Shaulov, CEO of Fireblocks. “FV Bank’s institutional customers can now securely interact with digital assets at an enterprise level, and experience the full benefits of crypto finance with industry leading transaction speeds and the highest levels of operational security.”

About FV Bank

Coinbase 2

FV Bank International Inc. (FV Bank) is licensed by the Office of the Commissioner of Financial Institutions (OCIF) with license number IFE-063. FV Bank is redefining international digital banking by seamlessly integrating traditional banking services with digital asset management. FV Bank supports the growth of Fintech and blockchain companies and their consumers. FV Bank is headquartered in Puerto Rico, United States. FV Bank is wholly owned by Fintech Holdings LLC and was founded by payments veterans Miles Paschini and Nitin Agarwal.

Contact:

Michele McDermott-Fox

The Top Floor Public Relations

FV Bank Selects Fireblocks as Infrastructure Partner 1
blank
About the author

Brent Dixon is the owner of E-Crypto News and an early adopter of cryptocurrencies. He is a Book editor- that has edited numerous books on Cryptocurrencies. He has been a writer for more than 30 years. Covering everything from Jazz Music to Blockchain Technology. He currently lives with his wife on Miami Beach, Fl.
blank

E-Crypto News Executive Interviews


blank

bitcoin
Bitcoin (BTC) $ 39,225.00
ethereum
Ethereum (ETH) $ 2,360.72
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 319.14
cardano
Cardano (ADA) $ 1.34
xrp
XRP (XRP) $ 0.662810
dogecoin
Dogecoin (DOGE) $ 0.223008
usd-coin
USD Coin (USDC) $ 1.00
polkadot
Polkadot (DOT) $ 14.85
binance-usd
Binance USD (BUSD) $ 1.00
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 39,225.00
ethereumEthereum (ETH)
$ 2,360.72
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 505.48
litecoinLitecoin (LTC)
$ 137.90
bitcoinBitcoin (BTC)
33.322,58
ethereumEthereum (ETH)
2.005,49
tetherTether (USDT)
0,849524
bitcoin-cashBitcoin Cash (BCH)
429,42
litecoinLitecoin (LTC)
117,15
bitcoinBitcoin (BTC)
28,530.38
ethereumEthereum (ETH)
1,717.07
tetherTether (USDT)
0.727352
bitcoin-cashBitcoin Cash (BCH)
367.66
litecoinLitecoin (LTC)
100.30

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
blank
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021
Crypto Scams On The Rise As Market Enters Bull Cycle
Crypto Scams On The Rise As Market Enters Bull Cycle
December 22, 2020
Harpreet Singh Sahni perpetrated the Plus Gold Union Coin (PGUC) scam
Sydney Concert Promoter Harpreet Sahni Involved In $50M Crypto PGUC Scam
November 2, 2020
Mining City insists that it is legit
Mining City Refutes Claims By Philippines SEC Of Being A Scam
September 23, 2020

Blockchain/Cryptocurrency Questions and Answers

Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021
blank
What Is Plethori Platform And How Does It Work?
June 12, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin39,774 1.56 % 15.33 % 24.61 %
Ethereum2,376.8 0.51 % 9.90 % 24.72 %
Tether1.000 0.05 % 0.03 % 0.23 %
Binance Coin322.16 1.09 % 7.80 % 5.88 %
Cardano1.350 0.57 % 11.78 % 13.65 %
XRP0.6649 0.31 % 10.91 % 12.73 %
Dogecoin0.2244 0.52 % 13.77 % 21.76 %
USD Coin1.010 0.35 % 0.39 % 0.00 %
Polkadot14.97 1.63 % 10.78 % 17.20 %
Binance USD1.010 0.50 % 0.89 % 0.54 %

bitcoin
Bitcoin (BTC) $ 37,176.00
ethereum
Ethereum (ETH) $ 2,228.82
tether
Tether (USDT) $ 1.01
binance-coin
Binance Coin (BNB) $ 302.62
cardano
Cardano (ADA) $ 1.25
xrp
XRP (XRP) $ 0.622499
usd-coin
USD Coin (USDC) $ 0.993775
dogecoin
Dogecoin (DOGE) $ 0.205896
polkadot
Polkadot (DOT) $ 13.93
binance-usd
Binance USD (BUSD) $ 0.992996