XION, a consumer-focused layer-1 blockchain designed for mass onboarding, has partnered with Fireblocks, a premier digital asset custodian, to extend XION’s walletless experience to over 2,400 financial institutions.
Summary
- Fireblocks has incorporated native support for XION.
- This integration facilitates the adoption of the consumer-centric blockchain by more than 2,400 institutions.
- Blockchain networks like Solana, Avalanche, and Sui are utilizing this digital asset custody solution.
Fireblocks has enabled support for XION, making its walletless, gasless layer-1 accessible to thousands of institutions.
Significance of Fireblocks
The crypto landscape continues to garner significant interest from banks and large global entities. As highlighted in a blog post by XION, “the pathway to adoption often appears daunting for major players.”
A robust custody and settlement framework facilitating seamless integration is crucial for this clientele. With over $10 trillion in digital asset transactions secured through its network, Fireblocks plays a critical role in the adoption of cryptocurrency.
This strategic integration fosters mass institutional adoption of XION, granting institutions direct access to the network through reliable custody and settlement frameworks.
Beyond Technical Integration
XION stands to gain from the engagement that corporate treasuries, funds, market makers, and exchanges bring to its network.
For large organizations, this integration allows for the assessment of counterparty risk, settlement speed, and custody controls without depending on bridging solutions that can hinder adoption.
“The integration represents more than mere technical expansion; it propels what we term the Age of Proofs. In a reality where signals are obscure, identities are faked, and deepfakes distort truth, institutions require verifiable actions they can trust. XION is designed to make proofs automatic, invisible, and universally accessible,” stated XION in the release.
XION launched its native utility token in August 2024 and became the first MiCA-compliant blockchain in March 2025. The platform, backed by Multicoin and Circle, reaches a new milestone as it joins the ranks of Solana, Sui, and Avalanche among layer 1 blockchain networks integrating with Fireblocks.
