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.Kava Chain has been steadily building and growing through the bear market, and the Fireblocks integration enables over 1,800 leading digital asset and crypto institutions to now custody KAVA tokens and access Kava-native assets, including Cosmos-native USDt. This integration not only enhances institutional access to Kava but also allows Fireblocks customers to explore new USDt DeFi opportunities on prominent Cosmos appchains.Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. It is committed to fostering innovation and growth, and is a trusted choice for developers and users worldwide. Fireblocks’ defense-in-depth security and customizable Transaction Authorization Policy (TAP) allow customers to safely explore and innovate in the DeFi arena without compromising their compliance and security requirements. Kava Chain’s role in arbitrage market making is becoming increasingly significant, and with the Fireblocks integration, centralized exchanges (CEXs) and major market makers have a more capital-efficient option for cross-chain arbitrage.
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Information |
Details |
Geography |
North America |
Countries |
🇰🇾 🇺🇸 |
Sentiment |
positive |
Relevance Score |
8 |
People |
Scott Stuart, Idan Ofrat, Guillermo Carandini |
Companies |
Tether, Kava Chain, Fireblocks, Kinetix, Hover, Curve |
Currencies |
Tether, Cosmos Hub, Kava, Ethereum, Bitcoin |
Securities |
None |