Fireblocks, a leading digital asset infrastructure company, has announced a collaboration with Moomoo Singapore to integrate its Wallets-as-a-Service (WaaS) infrastructure. This partnership aims to expand and enhance Moomoo’s digital asset and cryptocurrency offerings, ensuring scalability, reliability, and security across its platform. The integration is expected to be completed by the end of 2025.
The collaboration allows Moomoo Singapore to connect with the Fireblocks Network, the industry’s largest digital asset network, which includes over 2,400 exchanges, fintechs, banks, and liquidity partners. This connection will enable Moomoo to access better rates and improve its competitiveness in the market. Amy Zhang, Head of APAC at Fireblocks, stated, “By integrating Fireblocks’ wallets into its platform, Moomoo is not only enhancing the security of its digital asset offerings, but also unlocking the ability to innovate and scale its offerings with confidence.”
With emerging digital asset regulations in the US and Asia, financial institutions are accelerating product innovation to meet investor demand. Moomoo Singapore, leveraging its licences from the Monetary Authority of Singapore, is expanding its cryptocurrency product suite. The integration with Fireblocks will provide Moomoo’s customers with instant wallet creation and faster transaction execution, supporting its growing user base and trading volumes.
Echo Zhao, Country Head of Moomoo Singapore, highlighted the importance of digital assets in diversifying investor portfolios and emphasised the role of technology providers in expanding access for clients. This collaboration marks a significant step in bringing institutional-grade infrastructure to the retail market, empowering investors to trade digital assets with greater confidence.