Tel Aviv Stock Exchange signs agreement with Fireblocks to provide digital asset products
Tel Aviv Stock Exchange signs agreement with Fireblocks to provide digital asset products
For the first time in Israel, digital asset services and products will be launched by a regulated financial market infrastructure operator
The Tel Aviv Stock Exchange (TASE) has signed a strategic agreement with Fireblocks, an enterprise platform to manage digital asset operations. This strategic partnership will allow TASE to offer institutional-grade digital asset solutions for regulated entities.
"The partnership between TASE and Fireblocks represents a monumental leap forward in the global digital assets landscape," said Orly Grinfeld, EVP Head of Clearing at TASE. "We are unwavering in our pursuit of revolutionizing the industry and the local capital market, and this collaboration epitomizes our dedication to delivering secure, regulated, and innovative digital asset solutions. By harnessing the power of Fireblocks' advanced technology, we are poised to lead the charge into a future where the possibilities for digital assets are boundless."
This collaboration builds upon the success of Project Eden, an initiative in which the Tel Aviv Stock Exchange and the Israeli Ministry of Finance joined forces to issue a government digital bond on a dedicated blockchain platform.
“With Project Eden, our work with TASE has been one of the most exciting and ground-breaking digital asset use cases to date,” said Michael Shaulov, Co-founder and CEO of Fireblocks. “Fireblocks is proud to be trusted by some of the most recognized banks and financial institutions in the world such as TASE to bring their digital asset strategies to production. The digital asset products and services that TASE is exploring will no doubt play foundational roles in the future of Israel’s economy and Fireblocks is excited to have the opportunity to provide the right infrastructure support and international expertise to bring these offerings to market.”
