As crypto scales and rules get tight, Fireblocks makes accounting right.”
Did you know about the acquisition happens during a period of rapid institutional use of cryptocurrencies. Over 70% of international financial institutions are either utilising or actively investigating digital assets, according to industry estimates, and in 2025, mergers and acquisitions involving cryptocurrency almost doubled from the previous year.
Enterprise-grade accounting, audit, and compliance systems are being adopted by businesses as a result of increased review by regulatory.
TRES Finance, an Israel-based cryptocurrency accounting and financial reporting platform, has been acquired by Fireblocks, a prominent provider of digital asset infrastructure, for $130 million.
As digital assets continue to be strong until 2026, the deal, which was concluded with a combination of cash and equity, represents a significant step in Fireblocks’ goal to improve its institutional crypto offering.
Did you know that Fireblocks is famous for its safe infrastructure that facilitates the storage, transportation, and management of digital assets by banks, fintechs, and businesses.
The company now provides end-to-end crypto accounting, reconciliation, and financial reporting thanks to the addition of TRES Finance, allowing institutions to adhere to more stringent reporting requirements akin to those in traditional finance.
The purchase, according to Fireblocks CEO and cofounder Michael Shaulov, indicates the increasing demand from businesses operating under regulated financial frameworks or getting ready for initial public offerings.
Tal Zackon, CEO of TRES Finance, continued, “Joining Fireblocks will help scale its platform globally and support the shift towards fully onchain financial operations.”
This is Fireblocks’ second acquisition in three months, following the $90 million acquisition of cryptocurrency wallet firm Dynamic in October 2025.
The strategic alliances, such as stablecoin-based remittance programs, the TRES Finance agreement establishes Fireblocks as a crucial infrastructure supplier for the upcoming stage of institutional cryptocurrency expansion.
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