Published
OnlineIndustryPartnershipsPaymentsiGaming

BitLine announces partnership with Fireblocks

The aim of this collaboration is to increase security and liquidity for the gaming industry. 

bitline fireblocks partnership
Listen To Article

BitLine has announced its latest partnership, securing a deal with Fireblocks, which works within the digital assest custody and security industry. 

Fireblocks delivers a secure infrastructure for moving, storing and issuing digital assets, enabling exchanges, custodians, banks, trading desks and hedge funds to securely scale digital asset operations through patent-pending SGX & MPC technology. 

Through this deal, BitLine and Fireblocks are aiming to set new standards for security and governance in the gaming industry, with Fireblocks providing a secure infrastructure for moving, storing and issuing digital assets and BitLine allowing for direct access to cryptocurrency and digital asset liquity in just a few minutes, with the payments platform compatible to be used in casinos around the world 24/7.

The deal between the pair is said to “exemplify a commitment to setting new Web3 standards for security and governance in the gaming industry. Together, they are poised to revolutionize the digital asset landscape and provide confidence to its growing users.” 

CEO and Co-Founder Richard Jones said: “The rising adoption of blockchain as a technology and digital assets has led to the demand for trusted infrastructure and protecting digital asset operations from internal collusion and external threats is paramount.

"Fireblocks allows casino operators to configure granular transaction and user controls, aligning with governance and risk requirements. This flexibility ensures a secure and compliant environment for managing digital assets.” 

Towards the end of October Jones, spoke to Gambling Insider about the future of casino payments and how his company’s partnership deal with FinClusive will use blockchain to enhance the overall customer experience. 

Premium+ Connections
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...