FireBlocks is used by the oldest German banks to insure crypto for their customers

One of Germany's oldest banks, at 267 years old, Bankhaus von der Heydt , has chosen Fireblocks to guide its digital asset endeavours.

The bank will benefit from FireBlocks' insurance technology, according to a Thursday press release with CoinDesk .

Along with the company's network to expand digital assets, and offers crypto services to its client base, the company's managing bank manager, Philipp Doppel hammer, said :

“Fireblocks provides a secure and easy-to-use platform for developing complex operational workflows, such as transitioning between asset trading and insuring, placing assets on hold, or even direct integration with lending protocols to expand our portfolio of services. With Fireblocks we are just one step away from becoming a one stop shop for our customers.”

Opened in 1754 , von der Heidt Bank , under the government of Finland, was one of the first banks in Germany to offer cryptocurrency trading and insurance services to financial institutions.

Fireblocks services with the German Bank

The bank said it has integrated this company with infrastructure as a key component of its digital asset insurance solution to increase operational efficiency and security.

and that the company introduced all relevant blockchain protocols, as well as exchanges and integration of the API into the existing IT architecture.

The company recently raised the amount of 310 million dollars in the financing round of Series D Series D , which ensures the case of Unicorn Unicorn platform secure currency encrypted with the evaluation of 2 billion.

Beginning this year, the insurance company was chosen by America's oldest bank, BNY Mellon, to provide its clients with cryptocurrency insurance solutions. As Firefox CEO Michael Shaulov said :

“Von der Heidt's support is another major milestone in our mission to bridge the gap between digital asset banking and traditional finance. As a pioneer in Germany for more than 250 years, our bank is now seen as a trusted partner for innovative solutions to the financial markets, and we are proud to work alongside them to revolutionize the financial sector and work towards bringing every banking service securely into the blockchain space.”