Fireblocks and Thales Deepen Partnership to Fortify Institutional Digital Asset Security
Event summary
- Fireblocks and Thales expanded their collaboration to integrate Fireblocks' digital asset platform with Thales' Luna HSMs, enabling institutions to use certified hardware for digital asset operations within existing compliance frameworks.
- The joint solution supports custody, trading, tokenization, and onchain settlement, with private keys and key shares generated, stored, and operated entirely within customer-owned Luna HSMs.
- Over 95 banks are already using Fireblocks' platform in live environments, securing more than $5 trillion in digital asset transfers annually.
- A webinar on March 3, 2026, will provide more details on securing digital asset private keys in customer-owned certified Luna HSMs.
The big picture
This collaboration addresses the critical need for institutional-grade security in digital asset operations, particularly as banks and financial institutions seek to integrate digital assets into their existing compliance frameworks. The partnership underscores the growing importance of trusted, customer-owned hardware security modules in mitigating key-exposure risks and strengthening governance in high-value digital ecosystems. With over 95 banks already using Fireblocks' platform, the expanded collaboration positions both companies to capitalize on the accelerating institutional adoption of digital assets.
What we're watching
- Institutional Adoption
- How the integration of Fireblocks' platform with Thales' Luna HSMs will accelerate the adoption of digital asset services by regulated financial institutions.
- Regulatory Compliance
- Whether the joint solution will set a new standard for compliance in digital asset operations, given its alignment with existing governance and audit processes.
- Execution Risk
- The pace at which Fireblocks and Thales can scale this solution to meet the growing demand from banks and financial institutions for secure digital asset infrastructure.
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