Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Fireblocks integrates with THORChain to improve cross-chain settlement.
ADOPTION NEWS

Fireblocks integrates with THORChain to improve cross-chain settlement.

By Crypto FlexsJune 22, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Fireblocks integrates with THORChain to improve cross-chain settlement.
Share
Facebook Twitter LinkedIn Pinterest Email





Fireblocks, a provider of secure infrastructure for digital assets, announced integration with THORChain, a decentralized liquidity protocol. The partnership aims to enhance cross-chain payment capabilities, providing users with seamless asset exchange across multiple blockchains, including Bitcoin (BTC). Ethereum (ETH), BNB chain, and Cosmos (ATOM), according to the Fireblocks blog.

Introduction to THORChain

THORChain is a decentralized network designed to facilitate native asset settlement between various blockchains. It operates as an exchange and automated market maker (AMM) built into the app chain. The platform supports cross-chain swaps, liquidity provision, and lending, allowing users to interact across eight different blockchains. This includes Bitcoin, Ethereum and other UTXO, Cosmos and EVM chains. THORChain is a wallet, collector and decentralized application (dApps) provide users with the ability to exchange, earn, and borrow.

RUNE is the native asset of THORChain and is used as collateral for validators and liquidity on exchanges. The platform boasts billions of dollars in weekly trading volume and aims to facilitate exchanges between native Bitcoin, Ethereum, Cosmos and other major chains by eliminating dependency on wrapped or linked assets.

How Fireblocks supports THORChain

With the integration of THORChain, Fireblocks users can now securely store and transfer RUNE within the Fireblocks Vault and network. We also plan to enable RUNE staking through the integration and provide efficient access to THORChain’s decentralized liquidity protocol features. This move is expected to provide seamless cross-chain payment capabilities to the institutional market, improving overall user experience and security.

Implications for the blockchain ecosystem

The integration of Fireblocks and THORChain marks an important step toward achieving greater decentralization and security in the blockchain ecosystem. By enabling settlement of underlying assets without wrapped or bridged tokens, the partnership aims to simplify cross-chain transactions and reduce the associated risks.

Additionally, given Fireblocks’ reputation for providing top-notch security and infrastructure, this collaboration is likely to attract more institutional investors to the blockchain space. As more institutions adopt these technologies, the overall liquidity and stability of the blockchain market could significantly improve.

The Fireblocks-THORChain partnership is poised to set a new standard for cross-chain payments, paving the way for more innovative solutions in the decentralized finance (DeFi) sector. As consolidation progresses, it will be interesting to observe how it impacts market dynamics and user adoption rates across various blockchain networks.

Image source: Shutterstock



Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025

Swiss Bitcoin App Relai Acquires MiCA License In France

October 27, 2025

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 2025

The first extension for Solana developers

October 27, 2025

River Public Sale – 48-Hour Dutch Auction Lowest Price Settlement, Claim And Refund Instantly After End

October 27, 2025

Jiuzi Holdings, Inc. Partners With SOLV Foundation On $2.8B TVL Bitcoin Initiative To Advance Crypto Treasury Strategy

October 27, 2025

Why Elon Musk’s SpaceX transferred $133 million in Bitcoin

October 27, 2025

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025
Most Popular

Indian Finance Minister: Cryptocurrency regulation needs global consensus

May 20, 2024

Security warning (an insecurely configured geth could remotely access your funds)

April 29, 2024

Toncoin attracts 500,000 new holders every day. Could we soon overturn Ethereum?

October 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.