Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Digital Asset Custodial Firm Fireblocks Starts Supporting Solana Blockchain’s DeFi, NFT and Gaming Apps

Digital Asset Custodial Firm Fireblocks Starts Supporting Solana Blockchain’s DeFi, NFT and Gaming Apps

Kelly Cromley by Kelly Cromley
Aug 30, 2022
in Market News, News
Reading Time: 1 min read
0

Tuesday, the firms announced that cryptocurrency custodial provider Fireblocks has started supporting the Solana blockchain’s network of decentralized finance (DeFi) programmers, non-fungible token (NFT) apps, and many more Web3 activities.

As per researchers from JP Morgan, Solana has recently outperformed Ethereum in terms of NFTs, notwithstanding a gloomy market scenario in cryptocurrencies. Solana ranks in the top 10 blockchains by use and market valuation, but it is the second-largest network when all Ethereum Virtual Machine (EVM)-compatible blockchains are considered together, according to Fireblocks CEO Michael Shaulov.

Also on platform, Fireblocks formerly supported Solana’s native token (SOL) and stablecoins like USDC. Currently, the firm’s “Web3 Engine” provides Solana users an improved version of the app’s key-sharding wallet functionality.

Shaulov stated in a statement, “It’s a highly scalable wallet solution with several applications. It may be utilized by an operations department to handle the institution’s treasury, or for Web3 retail apps, where a videogame could establish wallets for a million players and service them as a custodian, with all the necessary connections, restrictions, and safety to issue tokens and NFTs.”

Fireblocks links to over thirty-five blockchain systems and collaborates with a variety of Web3 firms, such as Animoca, MoonPay, Xternity Games, Griffin Gaming, Wirex, and Utopian Game Labs. As stated in a media release, the most recent Solana implementation employs WalletConnect V2, an improved covenant for connecting decentralized applications, to allow vault connectivity to non-EVM chain dApps.

“This incorporation also expands support for the WalletConnect2 covenant across the Solana network, according to Shaulov. It is just a superior, more safe, more scalable method of connecting to decentralized apps. Prior to it, you had to implement several proprietary, non-scalable systems.”

Previous Post

Partisia Blockchain Enables Privacy on Polygon via Multi-Party, Zero-Knowledge Computation

Next Post

Stabila Blockchain Facilitates Any Fiat Currency Transaction for $0.02

Related Posts

unique network partners with tapnation for crypto rewards

TapNation Game Adds Seamless Crypto Rewards via Unique Network

by Kelly Cromley
Jul 12, 2025
0

Unique Network, a blockchain infrastructure firm operating within the Polkadot ecosystem, has successfully partnered with mobile game publisher TapNation to...

us bank

U.S. Bank Pioneers Blockchain-Based Trade Finance

by Kelly Cromley
Jul 12, 2025
0

U.S. Bank has become the first American financial institution to successfully carry out a fully digital trade finance transaction, signaling...

Zypto

Zypto Expands Real-World Crypto Utility with Visa Card and Mobile Top-Ups

by Kelly Cromley
Jul 12, 2025
0

Zypto, a rising player in blockchain-based fintech, has introduced two key services that significantly broaden the everyday utility of digital...

zeus network

Zeus Network Launches Bitcoin Airdrop for Solana Users

by Kelly Cromley
Jul 12, 2025
0

Zeus Network has unveiled a new Bitcoin Airdrop campaign aimed at active participants within the Solana blockchain ecosystem. This initiative...

circle partners with sei

Sei Blockchain Integrates Native USDC to Boost Multi-Chain Finance

by Kelly Cromley
Jul 12, 2025
0

Sei, a high-performance Layer-1 blockchain recognized for its speed and suitability in powering digital asset markets, is poised for a...

HSBC

HSBC Tests e-HKD+ Across Blockchains, Launches On-Chain Settlement

by Kelly Cromley
Jul 11, 2025
0

HSBC has made significant progress in its exploration of digital currency solutions by conducting a series of experimental trials involving...

Next Post
Stabila Blockchain Facilitates Any Fiat Currency Transaction for $0.02

Stabila Blockchain Facilitates Any Fiat Currency Transaction for $0.02

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025

Recent News

unique network partners with tapnation for crypto rewards
Market News

TapNation Game Adds Seamless Crypto Rewards via Unique Network

by Kelly Cromley
Jul 12, 2025
us bank
Market News

U.S. Bank Pioneers Blockchain-Based Trade Finance

by Kelly Cromley
Jul 12, 2025
Zypto
Market News

Zypto Expands Real-World Crypto Utility with Visa Card and Mobile Top-Ups

by Kelly Cromley
Jul 12, 2025
zeus network
Market News

Zeus Network Launches Bitcoin Airdrop for Solana Users

by Kelly Cromley
Jul 12, 2025
circle partners with sei
Market News

Sei Blockchain Integrates Native USDC to Boost Multi-Chain Finance

by Kelly Cromley
Jul 12, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree