The Web3 infrastructure firm was honored for his or her work driving blockchain scalability and adoption at Fireblocks’ Spark 22 digital asset convention

LAS VEGAS, Sept. 12, 2022 /PRNewswire/ — Fortress Blockchain Technologies was honored because the Web3 Innovator of the Yr in Barcelona at present. The award was offered by Fireblocks CEO and co-founder, Michael Shaulov, at their annual consumer and ecosystem convention, SPARK ’22. Fortress CTO and co-founder, Kevin Lehtiniitty accepted the award on stage on the bought out occasion, whereas additionally delivering a keynote speech on driving web3 adoption entitled ‘Taking NFTs Mainstream’. 

Fireblocks is the industry-leading supplier of digital asset know-how, powering crypto options for Revolut, BNY Mellon, Ernst & Younger, Checkout.com, BNP Paribas, WorldPay, eToro and extra. The Fireblocks Community Awards spotlight their most strategic and modern companions. The Web3 Innovator of the Yr award specifically acknowledges the associate whose efforts are doing essentially the most to construct and drive infrastructure that can enable companies to unlock the advantages of blockchain and speed up their Web3 initiatives.

“The work Fortress is doing is integral to the long-term adoption and success of Web3,” mentioned Michael Shaulov, CEO and co-founder of Fireblocks. “They’re offering the infrastructure to assist people, companies, celebrities, and whole industries seamlessly transition to blockchain know-how with out having to sacrifice useful time, assets, or technique. We’re delighted to shine a highlight on Fortress’ great work with the Web3 Innovator of the Yr award.”

Fortress is thought for his or her work to develop main infrastructure for the brand new use instances of blockchain know-how — specifically a formidable suite of Web2-to-Web3 APIs and ‘widget’ purposes that energy companies at any stage of blockchain adoption to rapidly launch and scale. Fortress options embody embeddable wallets for NFTs and fungible rewards tokens; NFT minting; and integrating key monetary companies backed by a safe, regulated monetary establishment, Fortress Belief. 

“To be acknowledged by Fireblocks — the chief within the digital asset safe space for storing — means so much, and our total staff is deeply honored by this award.” Kevin Lehtiniitty, CTO and co-founder of Fortress said. “Like Fireblocks, Fortress is working to outline and allow adoption of Web3. Thanks for seeing and sharing our emphasis on {industry} finest practices, future-proofing digital asset companies, and finally empowering extra firms (and their prospects) to profit from the accessibility, privateness, portability and provenance that blockchain offers.”

This recognition builds on the momentum of an thrilling 12 months for Fortress, who lately raised a $22.5M Seed Spherical led by Ayon Capital.

About Fortress

Fortress Blockchain Applied sciences is purpose-built to create monetary, regulatory and know-how infrastructure for the quickly rising Web3 house. This consists of embeddable NFT & crypto wallets, frictionless minting engines, encrypted vaults for private content material, and monetary companies for funds, compliance, custody and crypto liquidity. Fortress’ APIs and companies could be seen at www.fortress.xyz.

About Fireblocks

Fireblocks is an enterprise-grade platform delivering a safe infrastructure for transferring, storing, and issuing digital belongings. Fireblocks allows exchanges, lending desks, custodians, banks, buying and selling desks, and hedge funds to securely scale digital asset operations by means of the Fireblocks Community and MPC-based Pockets Infrastructure. Fireblocks serves over 800 monetary establishments, has secured the switch of over $2 trillion in digital belongings, and has a novel insurance coverage coverage that covers belongings in storage & transit. For extra info, please go to www.fireblocks.com.

SOURCE Fortress Blockchain Applied sciences


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