YouHodler, Fireblocks Partner To Secure Crypto Transactions
YouHodler, a fintech platform that helps people access the benefits of the crypto economy, has integrated with Fireblocks, a digital asset custody, transfer and settlement platform.
Under this partnership, YouHodler will leverage Fireblocks for crypto transactions management and integrations with a number of protocols, including Polkadot, Tezos, and Cardano.
YouHodler’s solutions open up connections between crypto and the real world, allowing people to use their crypto assets without spending them. With YouHodler, users can buy and sell crypto at any time, use it for purchases or put it in a reward account generating 12% yields. In addition, they can exchange crypto, fiat and stablecoins and get instant cash and crypto loans with their crypto assets acting as collateral.
Fireblocks enables banks, fintechs, exchanges, and other industry players to securely manage digital assets across a wide range of products and services — it protects those digital assets in transit, focusing on securing their transmission between exchanges, counter brokers, wallets, and stores. Started with serving crypto-native institutions and exchanges, Fireblocks Network now includes over 400 participants and currently exceeds over $700 billion in transfer volume.
With the announced partnership, the YouHodler team strives to ensure the high security level of its crypto operations, and takes a step closer to its goal of building a consumer-centric entity that supports the coexistence of crypto and fiat for the benefit of people.
“We at Fireblocks always strive for a transparent, efficient, and fraud-free financial system for blockchain based assets,” says Michael Shaulov, CEO of Fireblocks. “I’m glad to admit our missions and values largely coincide with YouHodler, and we look forward to great results of our partnership.”
lya Volkov, CEO & Founder of YouHodler, said that the Fireblocks integration brings them a step closer to their goal of building a consumer-centric entity that supports the coexistence of crypto and fiat for the benefit of people.
“With Fireblocks, we’ll be able to ensure the additional security of our transactions, and I believe this cooperation will benefit not only our customers, but the industry as a whole,” Volkov said.
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