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Gulf Press > Uncategorized > Immutable partners with Fireblocks to transform treasury management for game developers
Uncategorized

Immutable partners with Fireblocks to transform treasury management for game developers

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Last updated: 2024/08/17 at 3:56 PM
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Immutable, a major Web3 gaming platform, has recently announced a strategic integration with enterprise platform Fireblocks. The partnership aims to reshape treasury management for game developers, builders, decentralized finance (DeFi) projects, and ecosystem partners on Immutable’s zkEVM, powered by Polygon. Game developers can now utilize the Fireblocks platform to store and manage digital assets associated with game economies, non-fungible token (NFT) projects, and DeFi protocols, improving oversight of holdings on Immutable’s zkEVM chain.

Immutable zkEVM Mainnet Early Access is now live, offering massive scalability, smart contract compatibility, and gas-free transactions. The integration with Fireblocks provides a robust and secure choice for over 320 game developers and 80 ecosystem partners signed to Immutable. Omer Amsel, Head of Web3 at Fireblocks, emphasizes that the integration unlocks a new era of scalability, security, and efficiency for self-custodial digital asset management within the Immutable ecosystem. With direct connectivity to institutional counterparties, users can benefit from liquidity providers, lending desks, banks, and market makers on the Fireblocks platform.

According to Robbie Ferguson, Co-Founder and President of Immutable, Fireblocks’ infrastructure supports game developers in managing digital assets involved in gaming and NFT transactions, enabling them to scale with the exponential growth of transactions on Immutable’s platform. The integration not only enhances scalability but also improves security, as Fireblocks’ security solutions safeguard Immutable’s digital assets, fostering trust and confidence among users and partners. The partnership with Fireblocks ensures smooth operations within the Web3 gaming and DeFi landscape, providing a secure and efficient solution for managing digital assets.

In addition to the integration with Fireblocks, Immutable has formed strategic alliances with partners such as the GRAM Ecosystem. The partnership with the GRAM Ecosystem will see flagship games like ‘Norma in Metaland’ included on Immutable’s zkEVM, with future games like ‘My Merge Chef’ joining the chain. The collaboration with the GRAM Ecosystem represents a significant step forward in increasing community involvement and market reach for both parties, leveraging the capabilities of Immutable’s zkEVM platform.

Fireblocks, on the other hand, has also been actively forming partnerships, including one with Station70 to deliver advanced disaster recovery solutions for institutional clients. By joining forces with Station70, Fireblocks offers institutional-grade security, globally resilient infrastructure, and Web3-native key access policies to safeguard assets against potential threats and ensure the seamless operation of digital asset management solutions for clients. This partnership expands Fireblocks’ reach and enhances its ability to provide secure and reliable solutions to institutional clients in the crypto space.

In conclusion, the strategic integration between Immutable and Fireblocks marks a significant milestone in reshaping treasury management for game developers, builders, and DeFi projects on Immutable’s zkEVM platform. The partnership enhances scalability, security, and efficiency for managing digital assets within the Immutable ecosystem, providing game developers with a robust and secure solution to oversee their holdings. Through strategic alliances with partners like the GRAM Ecosystem and Station70, Immutable and Fireblocks continue to expand their reach and offer innovative solutions to the Web3 gaming and DeFi landscape, ensuring the safe and efficient management of digital assets for users and partners.

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News Room August 17, 2024
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