Fireblocks Buys Australian Blockchain Startup BlockFold
Attendees in the Fireblocks Inc. booth at the Blockchain Week Summit in Paris.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
Fireblocks Inc., the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.
Fireblocks paid about $10 million for BlockFold, said one of the people, who asked not to be identified as the deal hasn’t been publicly announced. Representatives for both companies declined to comment.