Catenaa, Thursday, December 19, 2024 -Fireblocks, a leading digital asset infrastructure firm, has announced the opening of its Tokyo office as part of its strategy to strengthen its presence in the Asia-Pacific region.
The move aligns with Japan’s emergence as a global hub for blockchain innovation, bolstered by a supportive regulatory framework and growing interest in cryptocurrencies and Web3 technologies.
Fireblocks, one of the few wallet providers licensed by Japan’s Financial Services Agency (JFSA), offers secure solutions for digital asset management, including treasury operations, tokenization, and wallet services.
The Tokyo office will cater to local clients such as Startale Labs, the developer of Astar Network, and Oasys, a Web3 gaming platform.
The Japanese cryptocurrency market is expected to grow by 54% from 2024 to 2032, presenting significant opportunities for Fireblocks. The firm plans to deliver tailored solutions using advanced security technologies like Multi-Party Computation (MPC) and Hardware Security Modules (HSM).
By establishing a regional office, we aim to address the unique needs of this market and empower enterprises to adopt blockchain technology securely and at scale, Fireblocks said.
To support its expansion, Fireblocks will hire experts in sales, product development, and professional services, ensuring a bilingual and locally tailored client experience. Collaborations with key players in Japan’s blockchain ecosystem, such as CoinTrade and Startale Labs, further demonstrate the company’s commitment to fostering innovation in the region.
With its Tokyo office, Fireblocks is poised to solidify its role as a trusted partner in Japan’s rapidly evolving blockchain landscape.
