16h ago
Fireblocks acquires crypto accounting firm TRES for $130 million to boost compliance tools
Digital asset infrastructure provider Fireblocks has acquired crypto accounting and tax compliance platform TRES for $130 million to enhance its institutional product suite. The deal is aimed at helping clients manage audit-ready, tax-compliant records as stablecoin settlements reach hundreds of billions of dollars each month and more enterprises move treasury flows on-chain. TRES will continue operating as a standalone product while its infrastructure is integrated into Fireblocks' stack.