- This technological integration offers organizations a safe, scalable way to swiftly and securely enter the Kaia ecosystem.
- Fireblocks enables businesses of all sizes to establish, manage, and expand their operations on the blockchain.
The non-profit Kaia DLT Foundation, which is spearheading the Kaia public blockchain’s ecosystem growth, has now integrated Fireblocks,, an enterprise platform for managing digital asset operations and creating innovative blockchain-based enterprises, into the Kaia blockchain ecosystem.
In 2024, the Abu Dhabi-based Kaia DLT Foundation was founded with the goal of growing the worldwide Layer 1 blockchain platform Kaia’s ecosystem. In order for Kaia to fulfill its role as an accessible, transparent, and sustainable blockchain platform for both developers and users, it promotes the adoption and development of new technologies.
With increased operating efficiency and improved digital asset protection, the integration seeks to meet the demands of institutional users. In addition to helping businesses more effectively manage worldwide compliance needs, Fireblocks provides a comprehensive development platform for Web3 apps, including the creation of Multi Party Computation (MPC) wallets at scale and the orchestrating of blockchain payments.
Kaia provides the best security and increased accessibility to all partners in the Kaia ecosystem, including institutions, by using Fireblocks. For instance, end-to-end security offered by Fireblocks’ distributed private key management solution and MPC wallet technology reduces the possibility that Kaia dApps may be compromised by efforts at both on-chain and off-chain attacks.
Furthermore, the most extensive collection of Application Programming Interface (API) options for creating Web3 products without sacrificing security is provided by the Fireblocks platform. As a result, this technological integration offers organizations a safe, scalable way to swiftly and securely enter the Kaia ecosystem, which is a significant step toward the widespread adoption of blockchain.
Amy Zhang, Head of APAC at Fireblocks stated:
“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.”
Hundreds of millions of people in Asia may now access Web3 thanks to Kaia, a high-performance public blockchain. With over 250 million users across the Kakaotalk and LINE messengers, Kaia is Asia’s largest Web3 ecosystem. It was created by combining the Klaytn and Finschia blockchains, which were first developed by Kakao and LINE, respectively. Users can connect, create, collaborate, and contribute to the ecosystem using Web3 with the ease and speed of Web2 within their preferred messenger superapp.
Dr. Sam Seo, Chairman of Kaia DLT Foundation stated:
“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.”
The most reputable and successful digital asset infrastructure provider in the world, Fireblocks enables businesses of all sizes to establish, manage, and expand their operations on the blockchain. It simplifies custody, tokenization, payment, settlement, and trading processes across the world’s biggest network of exchanges, custodians, banks, payment providers, and stablecoin issuers with the most secure, scalable, and comprehensive platform in the market. More than 2,000 companies, including as BNY, Galaxy, and Revolut, rely on Fireblocks to protect over $7 trillion in transactions involving digital assets spanning more than 90 blockchains and more than 250 million wallets.
