Fireblocks acquires Dynamic to expand 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 a certain exchange, Magic Eden, and Ondo Finance, aiming to accelerate enterprise adoption of on-chain applications.

This acquisition has resulted in what Fireblocks calls the first complete "custody-to-consumer" technology stack, combining Fireblocks' secure 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.