Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain. Fireblocks customers will be able to engage in DeFi opportunities on platforms within the Kava ecosystem, such as Curve, Kinetix, and Hover, as well as participate in market-making using Cosmos-native USDt on major exchanges.Idan Ofrat, Co-founder and Chief Product Officer at Fireblocks, said, “With the integration of Kava Chain onto the Fireblocks Network, we’re excited to bring Kava’s innovative suite of DeFi app protocols and Cosmos DeFi access to our customers. Fireblocks’ defense-in-depth security and customizable Transaction Authorization Policy (TAP) allow our customers to safely explore and innovate in the DeFi arena without compromising their compliance and security requirements.”Scott Stuart, Co-founder of Kava Chain, added, “Kava Chain’s role in arbitrage market making is becoming increasingly significant. With the Fireblocks integration, centralized exchanges (CEXs) and major market makers have a more capital-efficient option for cross-chain arbitrage. Instead of incurring high gas fees on Ethereum, they can now utilize Kava to transfer USDt between ecosystems efficiently.” Kava Chain and Fireblocks can be followed on X (fka Twitter) for more updates.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	North America
Countries	🇰🇾 🇺🇸
Sentiment	neutral
Relevance Score	9
People	Scott Stuart, Idan Ofrat
Companies	Tether, Kava Chain, Hover., Fireblocks, Kinetix, Curve
Currencies	Tether, Cosmos Hub, Ethereum, Bitcoin, Kava
Securities	None