Fireblocks acquires Dynamic, expanding the on-chain developer stack

ChainCatcher news, according to CoinDesk, digital asset infrastructure company Fireblocks has acquired Dynamic------a development platform adopted by companies such as Kraken, Magic Eden, and Ondo Finance, aimed at accelerating enterprise adoption of on-chain applications.

This acquisition has led to what Fireblocks calls the first complete "custody-to-consumer" tech stack, combining Fireblocks' security infrastructure with Dynamic's wallet, authentication, and user onboarding tools. The financial details of the acquisition have not been disclosed. Fireblocks stated that acquiring Dynamic will help fintech companies, payment service providers, and Web3 startups embed digital assets into their products------from stablecoin accounts to decentralized finance (DeFi) trading------without the need to build complex infrastructure.