Bison Digital Assets, a subsidiary of Bison Bank, has recently integrated Fireblocks, an enterprise platform specializing in secure digital asset management. This collaboration aims to improve Bison’s digital asset offerings by incorporating Fireblocks’ Multi-Party Computation (MPC) technology into its infrastructure.
With this partnership, Bison Digital Assets can now provide a more secure environment for transferring, storing, and issuing digital assets, as well as controlling its asset portfolios independently. The bank’s leadership believes that this move will enhance client protection and allow for agile responses to the changing digital finance landscape.
Bison Bank’s CEO, António Henriques, stated that this integration will elevate the level of security for customers’ assets and provide flexibility to address growing market needs. The company is prepared to embrace the trend of tokenizing real-world assets on blockchain as part of its expanded service offerings.
This development comes at a time when institutional interest in crypto assets is steadily increasing, and Bison Digital Assets is positioning itself as a key player in this emerging market. Fireblocks is currently trusted by over 2,000 financial institutions globally and has securely transferred assets worth more than $6 trillion, making it a natural choice for Bison’s aspirations.
Jonathan Dakin, Head of EMEA at Fireblocks, expressed enthusiasm about working with Bison and views this collaboration as a promising foundation for future crypto-based financial products. As the first Bank of Portugal-licensed digital asset provider owned by a Portuguese bank, Bison Digital Assets is bridging traditional finance and digital currency in a regulated environment and paving the way for a more secure and innovative digital financial ecosystem.
This partnership with Fireblocks highlights Bison’s dedication to technological advancement and positions the bank for continued growth in digital finance. With this integration, Bison Digital Assets signals its commitment to growing and safeguarding its clients’ investments as it leads the way in regulated digital asset services in Europe.
