Fireblocks adds Uniswap and Aave support with new features

Fireblocks, a platform for enterprise-grade digital assets, has announced two new features designed to enhance its integration with decentralised finance (DeFi) platforms like Uniswap (CRYPTO:UNI) and Aave (CRYPTO:AAVE).

The features, Fireblocks Swaps and Fireblocks Token Allowance Manager, aim to simplify DeFi access for institutional clients.

Fireblocks Swaps allows users to access liquidity from the Uniswap API directly within the Fireblocks console, removing the need for managing external accounts.

This integration is expected to streamline decentralised exchange trading.

The Fireblocks Token Allowance Manager offers an improved way to manage balances across wallets.

It also enables users to revoke malicious smart contracts on Ethereum (CRYPTO:ETH), providing enhanced security for institutional clients.

Both features aim to simplify the DeFi experience, addressing key barriers like complexity and the need for external account management.

Fireblocks has been working on making Web3 more accessible for businesses and financial institutions throughout 2024.

The company launched a Web3 startup toolkit in July 2024, which provided startups with a comprehensive suite of tools, including options for treasury, self-custody, and private key management.

This toolkit is part of Fireblocks’ broader initiative to onboard businesses into the digital asset space.

In addition to these features, Fireblocks secured a New York state charter from the New York Department of Financial Services in August.

This certification allows the platform to offer custodial services to U.S.-based clients.

Fireblocks also integrated its services with Immutable (CRYPTO:IMX), a layer-2 gaming blockchain, to help game developers manage digital assets like non-fungible tokens (NFTs).

At the time of reporting, the Uniswap (UNI) price was $15.16, and the AAVE price was $247.02.