ConsenSys, one of the biggest software developers for the Ethereum blockchain, announced that its MetaMask Institutional (MMI) wallet is integrating with Fireblocks, a tech custody provider that offers a suite of tools for managing digital assets. Scheduled to go live on June 12, the integration will give institutional investors and builders that use Fireblocks access to the full suite of MMI. According to a press release, over 1,800 organizations are already using Fireblocks, and their accounts will be able to connect to MMI where they can trade, borrow or invest with over 17,000 decentralized applications (dApps).
Last year, during Permissionless, we met with the Fireblocks team in person and started discussing the possibility of working together more formally, said Johann Bornman, global product lead at MetaMask Institutional. Those conversations resulted in our two groups meeting throughout last year to start putting together the details.
The integration comes a few weeks after ConsenSys shared that it created a marketplace for MMI where companies can choose from various staking services, like Allnodes, Blockdaemon, and Kiln. “This integration brings together two marquee products and further supports our goal to bridge every organization into web3,” Bornman said in the press release.