The TON team announced a collaboration with Fireblocks and DWF Labs

TON has announced integration with the Fireblocks custodian. The financing of the collaboration was provided by DWF Labs.

The TON team announced a collaboration with Fireblocks and DWF Labs

The TON blockchain team announced integration with the Fireblocks cryptocurrency custodian with the participation of DWF Labs. As part of the cooperation, the company provides a Web3 infrastructure to support the TON Space wallet.

Fireblocks is an enterprise—level platform that provides the movement, storage and issuance of digital assets, according to the company's website.

Representatives of TON stated that the multi-party computing technology (MPC-CMP), developed by Fireblocks specialists, improves the reliability and speed of transactions. We are talking about an increase of 800%, the company noted.

In addition, Fireblocks solutions in the field of digital asset security will have a positive impact on the protection of user operations, the developers say. The company believes that this cooperation will bring TON Space to the institutional level.

Fireblocks not only launched support for the aforementioned cryptocurrency wallet, but also added the project's native token, Toncoin (TON), to its platform. This will allow the blockchain to achieve its goal of providing access to digital assets for 500 million users by 2028, according to the company.

TON's integration into the Fireblocks platform is complete and ready for launch this month.

According to available information, DWF Labs provided financing for the development and expansion of the blockchain ecosystem. In November 2022, this firm also provided the TON Foundation with an investment of $10 million.

Source: https://incrypted.com/komanda-ton-objavyla-o-sotrudnychestve-s-fireblocks-y-dwf-labs/

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