Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments
Summary
Fireblocks, a digital assets infrastructure platform, has partnered with UK-based institutional crypto exchange Zodia Markets to enhance corporate cross-border payments. The partnership will enable corporations to transfer funds faster using stablecoins instead of traditional fiat currency methods. The integration will utilize Zodia’s digital asset versus traditional foreign exchange execution, focusing on emerging markets, and Fireblocks’ platform for peer-to-peer stablecoin transactions. Zodia Markets, backed by Standard Chartered's venture capital unit, provides digital asset trading for corporations and large institutions. Fireblocks recently appointed a new chief marketing officer, Michal Ferguson.
