Luno Partners with Fireblocks for Enhanced Institutional Crypto Adoption
Luno, a leading cryptocurrency platform in South Africa, has announced a partnership with Fireblocks, a leading digital asset platform, to boost institutional adoption of crypto. This integration will allow Luno’s institutional clients to access its services, including trading, sending, and receiving crypto, directly through the Fireblocks Network Link.
Simplifying Institutional Crypto Access
The Fireblocks Network Link, an API standard, allows seamless integration between cryptocurrency exchanges and the Fireblocks Network. This means Luno’s institutional clients can access its services without needing to log into their Luno accounts every time. They can also leverage Fireblocks’ extensive network of liquidity partners, trading venues, and counterparties.
Luno retains full control over how users experience its app, ensuring a secure and compliant transaction environment. This streamlined approach offers greater speed, efficiency, and security for institutional crypto transactions.
Luno’s partnership with Fireblocks represents a significant step forward in the adoption of crypto by institutions. The integration will likely lead to increased liquidity, reduced transaction costs, and greater ease of use for institutional investors.