In a strategic move to bolster digital asset security, Bison Digital Assets, a subsidiary of Lisbon-based Bison Bank, has announced the integration of Fireblocks, an enterprise platform specializing in secure digital asset management. This collaboration is set to redefine Bison’s digital asset offerings, fortifying its infrastructure with Fireblocks’ cutting-edge Multi-Party Computation (MPC) technology.
The integration of Fireblocks places Bison Digital Assets at the forefront of crypto asset security, providing a more secure environment for the transfer, storage, and issuance of digital assets. This partnership enables Bison to control its asset portfolios independently, bringing in one of the most robust security frameworks available in the industry. The bank’s leadership is confident that this step will provide clients with enhanced protection, all while facilitating agile responses to the evolving landscape of digital finance.
Advancing Security and Flexibility in Digital Finance
António Henriques, CEO of Bison Bank and Bison Digital Assets, highlighted the importance of this integration, stating, “We are elevating the level of security for our customers’ assets. Fireblocks not only offers us more robust protection but also allows us to plan for the future with the flexibility to address the growing diversity of market needs.”
Henriques noted a significant shift towards tokenizing real-world assets on blockchain, a trend Bison is prepared to embrace as part of its expanded service offerings.
This development comes at a time when institutional interest in crypto assets is growing steadily, and Bison Digital Assets is positioning itself as a key player in this emerging market. Fireblocks is currently trusted by over 2,000 financial institutions globally and has securely transferred assets worth more than $6 trillion, making it a natural choice for Bison’s aspirations.
A New Chapter for Bison Digital Assets and European Crypto Adoption
Jonathan Dakin, Head of EMEA at Fireblocks, expressed enthusiasm about working with Bison, commenting, “As Europe ushers in a new era of digital asset adoption, we’re thrilled to work with the likes of Bison Digital Asset to embrace the potential of crypto finance.” Dakin views this collaboration as a promising foundation for future crypto-based financial products.
As the first Bank of Portugal-licensed digital asset provider owned by a Portuguese bank, Bison Digital Assets is not only bridging traditional finance and digital currency in a regulated environment but also paving the way for a more secure and innovative digital financial ecosystem. This partnership with Fireblocks underscores Bison’s dedication to technological advancement and positions the bank for continued growth in digital finance.
With this integration, Bison Digital Assets signals its commitment to growing and safeguarding its clients’ investments as it leads the way in regulated digital asset services in Europe.
For more information, please visit www.fireblocks.com, bisonbank.com
