Coinbase International Exchange Partners with Fireblocks for Enhanced Trading Security
Coindesk1 year ago
1400

Coinbase International Exchange Partners with Fireblocks for Enhanced Trading Security

Cryptocurrency
Custody
Security
Coinbase
Fireblocks
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Summary:

  • Fireblocks extends MPC protection to Coinbase International Exchange customers.

  • Coinbase International Exchange operations protected by Fireblocks' governance and policy rules.

  • Fireblocks uses MPC technology to remove single points of compromise.

  • Customers can configure user roles, governance policies, and approval workflows for exchange operations using Fireblocks' policy engine.

  • Coinbase International Exchange's CEO emphasizes the partnership's importance in providing a secure and reliable trading infrastructure for clients.

Fireblocks, a cryptocurrency custody firm, has joined forces with Coinbase International Exchange to offer enhanced security for exchange operations. Coinbase International Exchange customers can now connect their accounts to Fireblocks and leverage the company's governance and policy rules to protect withdrawals, deposits, and other exchange activities. Fireblocks employs Multi-Party Computation (MPC) technology, which eliminates single points of compromise and incorporates secure hardware enclaves to prevent threats and insider collusion. Coinbase International Exchange, based in Bermuda, provides perpetual futures and spot trading services to retail and institutional clients globally. This partnership aims to provide a robust and reliable trading infrastructure for global clients.

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