Fireblocks has announced its acquisition of Dynamic, a developer-first wallet infrastructure provider.
The move aims to strengthen Fireblocks’ position as a key provider of digital asset and stablecoin infrastructure by integrating Dynamic’s embedded wallet technology into its enterprise-grade platform.
The acquisition comes at a time when financial services are increasingly moving onchain, with payments, trading, and transfers operating on programmable, global networks.
As regulatory clarity improves, demand is growing among enterprises and fintechs to safely offer digital asset services while maintaining compliance and user trust.
Dynamic enables developers to embed digital asset functionalities directly into applications, handling user onboarding, authentication, wallet connections, and funding integrations.
Its technology has been used by companies such as Kraken, which utilises Dynamic’s embedded wallet to provide a global trading experience through its Inky platform, and Zero Hash, which uses it to support crypto and stablecoin payments.
Magic Eden, Lighter, and Ondo Finance have also integrated Dynamic’s infrastructure to enhance digital asset access across multiple chains.
“It’s a familiar pattern,”
said Itai Turbahn, Co-founder and CEO of Dynamic.
“Simplifying complex infrastructure, whether it’s communications with Twilio or bank connections with Plaid, unlocks developer activity. The same applies to crypto. Our team has built tools that make embedding digital asset services simple and secure.”
Fireblocks currently powers more than 2,400 financial institutions and supports secure digital asset access for over a billion end users worldwide. The company stated that integrating Dynamic’s technology will allow it to help businesses deliver digital asset experiences safely and efficiently, combining developer agility with institutional security and compliance.
The Dynamic team, led by founders Yoni Goldberg and Itai Turbahn, will join Fireblocks, bringing their 30-member team and culture of innovation to the larger organisation.
“The acquisition marks an important step for both companies and for the broader financial ecosystem,”
“Global, programmable money is here, and the infrastructure must evolve accordingly. Together, we aim to provide the foundation for the next generation of financial applications.”
Featured image credit: Edited by Fintech News Singapore, based on image by deepart100 via Freepik
