Fireblocks Expands its Offerings with Support for Sony’s Soneium, a First Step in Custody Service Provision.

Fireblocks Integrates Sony’s Soneium, Paving the Way for Crypto Custody Solutions

EMBARGO: Feb 12, 9 AM HK TIME

Fireblocks, a leading provider of digital asset custody technology, has expanded its support to include Sony’s Soneium blockchain. Soneium is an Ethereum layer-2 network designed to bridge the gap between Web2 and the evolving Web3 ecosystem.

Fireblocks serves many top-tier institutions, including major financial organizations, and is an essential player in crypto custody. These solutions are vital for the institutional adoption of digital assets, as large investors, such as hedge funds and family offices, require secure custodianship for insurance purposes.

The addition of Soneium support allows Fireblocks to offer secure custody services on a new blockchain that just launched in January and currently holds a total value locked (TVL) of $33.6 million, according to DeFiLlama. Built on Optimism’s OP Stack, Soneium supports applications in the gaming, finance, and entertainment sectors.

“At Fireblocks, we are committed to helping Soneium realize its vision of creating a decentralized, open internet,” said Omer Amsel, Fireblocks’ Head of Web3, in a statement. “This collaboration will help us deliver secure, decentralized digital experiences and ownership, while also fostering a safe and innovative environment for users and creators.”