Kaia DLT Foundation, the non-profit driving the ecosystem expansion of the Kaia public blockchain, has announced its integration with Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain,
The integration of Fireblocks into the Kaia blockchain ecosystem aims to address the needs of institutional users, boasting greater operational efficiency and enhanced security of digital assets.
The foundation explained that Fireblocks offers a complete development platform for building Web3 applications, including creating Multi-Party Computation (MPC) wallets at scale and orchestrating blockchain payments. It also helps to navigate global compliance requirements more efficiently.
Kaia will leverage Fireblocks to offer the highest levels of security and greater accessibility to all partners within the Kaia ecosystem, including institutions. For example, Fireblocks’ distributed private key management solution and MPC wallet technology provides end-to-end security that minimizes the risk of Kaia dApps being compromised by on- and off-chain attack attempts.
Furthermore, the Fireblocks platform offers the most comprehensive set of Application Programming Interface (API) solutions to build Web3 products without compromising security.
Hence, this integration provides institutions with a secure, scalable solution for venturing into the Kaia ecosystem quickly and safely — marking an important step toward mainstream blockchain adoption.
While commenting on this integration, Amy Zhang, Head of APAC at Fireblocks, said,
“The integration of Fireblocks into the Kaia blockchain ecosystem is a testament to our commitment to equip institutions with the tools they need to adopt blockchain technology securely and seamlessly. By leveraging our market-leading MPC technology and battle-tested platform, Kaia’s ecosystem partners can confidently scale their operations while mitigating risks, bringing Web3 to millions of users across Asia.”
Dr. Sam Seo, Chairman of Kaia DLT Foundation, added that,
“The collaboration with Fireblocks is a significant step forward for enhancing the scalability and security of the Kaia blockchain ecosystem. In addition to the enhanced security, Fireblocks’ solutions ensure efficient access to global compliance solutions. Kaia will continue to identify and build on excellent infrastructures customized for institutions, helping them approach Web3 finance more easily and safely.”
Fireblocks is the world's most trusted and proven digital asset infrastructure company, empowering organizations of all sizes to build, run, and grow their business on the blockchain. With the industry's most secure, scalable, and comprehensive platform, Fireblocks streamlines custody, tokenization, payment, settlement, and trading operations across the world's largest ecosystem of exchanges, custodians, banks, payment providers, and stablecoin issuers. Over 2,000 organizations - including BNY, Galaxy, and Revolut - trust Fireblocks to secure over $7 trillion in digital asset transactions across 90+ blockchains and 250+ million wallets.
Kaia is a high-performance public blockchain that brings Web3 to the fingertips of hundreds of millions across Asia. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE respectively, Kaia is Asia’s largest Web3 ecosystem integrated with the Kakaotalk and LINE messengers that have a combined user base of over 250 million - all of whom can experience Web3 with the ease and speed of Web2 within their favorite messenger superapp to connect, create, collaborate, and contribute to the ecosystem.
Finally, the Kaia DLT Foundation, based in Abu Dhabi, was established in 2024 to expand the ecosystem of Kaia, a global Layer 1 blockchain platform. The foundation drives the adoption and development of new technologies to ensure that Kaia fulfills its role as an accessible, transparent, and sustainable blockchain platform for developers and users alike and facilitates decision-making to ensure that the ecosystem continues to expand optimally in the rapidly changing blockchain landscape.