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Fireblocks acquires Dynamic, a16z-backed wallet platform, for $90 million

The Israeli digital asset firm, valued at $8 billion, broadens its platform amid industry-wide stablecoin momentum. Fireblocks, the Israeli blockchain infrastructure company, has acquired U.S.-based Dynamic, a crypto wallet development platform that supports over 50 million accounts, in a deal valued at roughly $90 million. The acquisition marks Fireblocks’ first major step into consumer-facing digital asset infrastructure, expanding beyond its traditional base of banks, exchanges, and instituti...

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