Overview

Fireblocks Wallets-as-a-Service (WaaS) is a comprehensive, white-labeled solution designed to enable businesses to create, manage, and secure Multi-Party Computation (MPC) wallets at scale. This platform allows organizations to securely custody their customers' digital assets through direct self-custody solutions or empower users with full control of their keys using embedded wallets. By integrating Fireblocks WaaS, businesses can rapidly deploy secure wallet infrastructures without compromising on security or scalability.

Features and Capabilities

• Flexible Wallet Options:
  • Embedded Wallets: Integrate secure non-custodial MPC wallets directly into iOS, Android, or web applications, granting users full control over their digital assets.
  • Direct Custody WaaS: Manage customers' digital assets at scale with secure MPC wallets, allowing businesses to maintain direct custody and integrate these wallets seamlessly into their customer experiences.
• Advanced Security Measures:
  • Multi-Layer Security: Combines MPC cryptography with secure hardware enclaves to protect against various attack vectors, eliminating reliance on a single security technology.
  • No Single Point of Compromise: Utilizes MPC to distribute private key shares across isolated secure hardware enclaves, ensuring that keys are never fully assembled in one environment, thereby mitigating single points of failure.
  • Security Certifications: Achieved CCSS Level III certification, SOC2 Type II certification, and ISO certifications (27001, 27017, 27018), reflecting adherence to rigorous security standards.
• Scalability and Performance:
  • High Throughput: Supports the creation of millions of wallets and the signing of millions of transactions daily, catering to the demands of leading exchanges, fintechs, and Web3 applications.
  • Instant Wallet Creation: Enables immediate wallet creation without incurring gas fees, facilitating rapid deployment and user onboarding.
• Blockchain Compatibility:
  • Extensive Support: Offers compatibility with over 50 blockchains, including leading token standards such as ERC, BEP, and SPL, providing flexibility in asset management.
• Policy and Governance Controls:
  • Policy Engine: Allows configuration of transaction policies to protect users from interacting with malicious wallets, smart contracts, and applications.
  • Approval Workflows: Supports both automated and manual transaction approval workflows, enhancing security and operational control.
• Web3 and DeFi Integration:
  • Web3 Wallet Link: Enables users to connect their in-app wallets to decentralized applications (dApps), facilitating activities such as DeFi trading, participation in play-to-earn games, and NFT purchases.
• Staking Services:
  • Staking API: Integrates digital asset staking directly into applications, supporting top proof-of-stake blockchains, and offering customers opportunities to earn rewards on their tokens.
• Compliance and Monitoring:
  • AML and KYT Integration: Provides real-time anti-money laundering (AML) and know-your-transaction (KYT) monitoring through integrations with Chainalysis and Elliptic.
  • Travel Rule Support: Ensures compliance with regulatory requirements by supporting the travel rule through integration with Notabene.
• Additional Features:
  • Built-in Blockchain Nodes: Eliminates the need for third-party indexing services and the operational burden of running proprietary node infrastructure.
  • Hot, Warm, and Cold MPC Wallets: Provides a unified solution for managing wallets across different storage environments, allowing seamless transitions between hot, warm, and cold storage.
  • Digital Asset Insurance: Offers dedicated specie insurance through partnerships with insurance brokers, providing an added layer of asset protection.