01 /
Brief
Institutional custody market leader. Powers custody for Plume Network and many tokenization platforms.
02 /
Snapshot
Key terms and identifiers.
- Asset value
- $10T+ transferred
- Spec type
- custodian
- Charter
- MPC custody, not bank-chartered
- Specialty
- Digital-asset native
- Notable clients
- Plume Network, BNY tokenization stack, 2000+ institutions
- Founded
- 2018
- Asset classes
- Treasuries, Private credit, Equities, Commodities
- Regulatory
- sec-reg-d, sab-121
03 /
Milestones
How this player got here.
- Jan 2026Solana institutional treasury partnership: native program calls, gasless transactions, tokenization engine
- Dec 2025MoneyGram partnership for stablecoin settlement and treasury operations
- Sep 2025Launched Fireblocks Network for Payments: 100+ countries, 40+ institutional participants including Bridge, Circle, Zerohash
- Jul 2025Processed $212B in stablecoin volume in a single month (~15% of global stablecoin flow)
- Jan 2025Secured $60B+ in digital assets
- Mar 2024Tokenization Engine launched
04 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
Tension
Direct competition or overlapping market position.





