Fireblocks expands digital asset payments engine product after settling 1 billion with Checkoutcom

Fireblocks acquired crypto payments processor First Digital Assets Group earlier this year. Now it has set out to give PSPs operating on old rails — using traditional payment systems and 9-to-5 banking systems — the tools to enable merchants, entrepreneurs and creators to accept, manage and settle digital payments across borders. The payments engine is essentially the company’s first take on that long-term vision. It includes merchant settlement and soon the addition of cross-border transfers, creator payouts and crypto pay-ins (allowing merchants to accept crypto).