Stobox leverages Fireblocks Embedded Wallets to build seamless on-chain experience
Stobox, a leading provider of tokenization and digital asset management solutions, is proud to announce that it has integrated Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain. This marks a significant milestone in Stobox's mission to provide world-class real world asset (RWA) and tokenization technologies to its clients.
Stobox will utilize Fireblocks' industry-leading digital asset infrastructure to offer institutional-grade capabilities to its clients via the product Stobox 4. Stobox has integrated Fireblocks Embedded Wallets which enables it to natively integrate non-custodial multi-party computation (MPC) wallets into its application so Stobox’s clients can securely access, custody, and interact with over 40 blockchains and thousands of web3 applications. With Embedded Wallets, Stobox can deliver a seamless web3 experience that removes the complexity of traditional self-custody, while providing customers with full ownership of their wallets.
By leveraging Fireblocks’ multi-layer security, Stobox protects its customers against evolving attack vectors. Fireblocks’ security eliminates a single point of compromise with MPC and leverages secure hardware enclaves to ensure key material is isolated, protected, and resistant to unauthorized access, enhancing the security and operational efficiency of managing digital assets in the Stobox 4.
Ross Shemeliak, Co-Founder and COO at Stobox said, “We are excited about working with Fireblocks and using cutting-edge technology for the Stobox 4, as well as building a world-class tokenization platform by drawing on Stobox’s five years of experience in RWA with that of our prominent partners.”
Stephen Richardson, Managing Director, of Financial Markets at Fireblocks, commented, “Fireblocks Embedded Wallets offer security at their core, providing full end-user ownership, seamless wallet access across multiple devices, and a highly customizable experience which Stobox clients stand to benefit from.”
Fireblocks also provides new opportunities for Stobox to integrate and utilize the expertise of recognized partners, including Arbitrum, Chainlink, ID OS, Fractal ID, Chainalysis, Ondo Finance, UniSwap, Stasis (EURS), Circle, and many others. This extensive network of integrations will enable Stobox to offer a more comprehensive, interoperable, and interconnected digital asset ecosystem to its clients.
By leveraging Fireblocks, Stobox takes a significant step forward in the evolution of digital asset management, providing clients with state-of-the-art security and a robust network of integrations. Stobox continues to contribute to the RWA and tokenization space and sets a new benchmark in delivering digital asset solutions.