Fireblocks Acquires Crypto Accounting Platform TRES for $130 Million
Fireblocks has acquired TRES, a crypto accounting and tax compliance platform. According to reports, this acquisition expands Fireblocks' institutional offerings. The acquisition occurs as Fireblocks aims to keep pace with the increasing use of stablecoins. The purchase price was reportedly $130 million. The development signals Fireblocks' continued investment in infrastructure for digital asset management and compliance.
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