Ethereum-company ConsenSys announced the integration of the institutional version of the MetaMask wallet with the Fireblocks custodial platform.
📣We’re thrilled to announce our partnership with @FireblocksHQ.
Our integration will provide the most complete enterprise-grade wallet security and portfolio management solution for institutional investors and builders🚀https://t.co/I5rIQ0xXiO pic.twitter.com/UghokJT4QZ
— MetaMask Institutional (@MMInstitutional) June 8, 2023
After June 12, Fireblocks users will be able to connect their account to MetaMask Institutional (MMI). This will give them access to over 1,700 DeFi apps like Aave, Lido, and GMX.
Once integrated, organizations will be able to trade, invest, lend, borrow, provide liquidity, and move assets between EVM-networks.
Integration with MMI will also provide Fireblocks customers with options such as:
- advanced portfolio management with digital asset monitoring and in-depth transaction reporting within a single dashboard;
- native token swaps and ETH staking directly from the MMI extension;
- automating the parameters of the collective control of the portfolio across the organization;
- attribution of performance, profit and loss for ERC-20 tokens, as well as all major DeFi protocols.
“With exponentially growing demand from organizations to log into Web3, MetaMask Institutional is focused on providing the broadest possible access to the ecosystem while meeting the most diverse and rigorous institutional requirements,” said Johann Bornman, head of global product for the division.
Fireblocks will become the twelfth custodian or storage technology provider connected to MMI, the statement said.
Recall that in March, ConsenSys added a trading platform to the institutional version of MetaMask, which facilitates the use of staking services.
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