Israeli cryptocurrency safety firm Fireblocks as we speak introduced that it’s buying Israeli crypto accounting startup TRES Finance, which has developed a platform for managing, controlling and financially reporting digital property. No monetary particulars concerning the deal had been disclosed however market sources consider that Fireblocks is paying about $130 million. That is Fireblocks second acquisition in lower than three months, after buying Israeli crypto pockets Dynamic in October for $90 million.
The corporate stated that the acquisition will broaden Fireblocks’ monetary administration capabilities, including to the infrastructure layer that it gives capabilities for accounting, reconciliation, tax reporting and compliance with international regulatory necessities. Fireblocks added that upon completion of the transfer, organizations working within the blockchain subject will be capable to handle the lifecycle of digital property from the operational execution of transactions to full and audited monetary reporting.
TRES has raised $18.6 million up to now in a $7.6 million seed spherical in 2022, and an $11 million Sequence A financing spherical in September 2023.
“Becoming a member of Fireblocks will permit TRES to broaden capabilities”
Based in 2018 by CEO Michael Shaulov, Pavel Berengoltz, and Idan Ofrat, Fireblocks gives a safe infrastructure for managing digital property and executing transactions on blockchain networks, securing trillions of {dollars} in transactions yearly for monetary establishments, cryptocurrency firms, and cost platforms.
TRES Finance has developed a platform that interprets advanced blockchain exercise into structured, correct, and audit-ready monetary information, in accordance with the requirements of monetary establishments and tax authorities. The corporate serves greater than 200 organizations, together with international entities corresponding to Andreessen Horowitz, PwC and Galaxy, and manages monitoring of digital property value tons of of billions of {dollars}.
TRES Finance was based by CEO Tal Zackon, CTO Eilon Lotem. The corporate has 58 staff, of which 35 are in Israel and the remainder in Europe and the US. The corporate’s complete crew is becoming a member of Fireblocks.
Shaulov stated that copmbined the businesses will permit clients to handle each operational and monetary actions on a single, safe and regulatory-compliant infrastructure. He added that each cryptocurrency firms and conventional monetary establishments are at the moment required to have a lot greater ranges of documentation, management and reporting.
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Zackon stated that becoming a member of Fireblocks will permit the corporate to broaden the capabilities it has developed and construct a monetary infrastructure that can serve monetary establishments and huge organizations as financial exercise more and more strikes to blockchain-based worlds.
Printed by Globes, Israel enterprise information – en.globes.co.il – on January 7, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
