May 12, 2024

Fireblocks adds support for DeFi apps and NFTs powered by Solana

Fireblocks adds support for DeFi apps and NFTs powered by Solana

Cryptocurrency custodian Fireblocks has added support for decentralized applications and NFTs of the Solana ecosystem forusers and developers, according to The Block.

“The Fireblocks web3 engine offers Solana developers the highest level of security when it comes to accessing the blockchain and its ecosystem of applications,” said CEO Michael Shaulov.

The Solana ecosystem is in 6th place in the DeFi Llama ranking, behind Ethereum, Tron, BNB Chain, Avalanche and Polygon. Her TVL is $1.37 billion.

Fireblocks adds support for DeFi apps and NFTs powered by Solana

Fireblocks adds support for DeFi apps and NFTs powered by Solana

Data:  DeFi Llama.

Solana is second only to Ethereum in terms of NFT trading volume.

Fireblocks adds support for DeFi apps and NFTs powered by Solana

Fireblocks adds support for DeFi apps and NFTs powered by Solana

Data: The Block Crypto Data.

In early August, unknown people hacked about 8,000wallets based on Solana and withdrew millions of dollars. Before that, there were other serious problems with the cryptocurrency network, such as clock desynchronization and prolonged outages.

Recall that in January, Fireblocks raised $550 million in a Series E funding round. Investors valued the company at $8 billion.

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