Fireblocks Acquires TRES Finance to Launch Unified Digital Asset Operating System

Source: DefiPlanet Original Title: Fireblocks Acquires TRES Finance to Launch Unified Digital Asset Operating System Original Link:

Overview

Fireblocks, the digital asset infrastructure provider managing over $4 trillion in annual transfers, announced its acquisition of TRES Finance, a platform offering enterprise-grade financial data and reporting for blockchain transactions. The integration will provide institutions with a full operational stack, linking transaction execution with financial reporting, audit-ready records, and regulatory compliance.

Key Highlights

• Fireblocks acquires TRES Finance to integrate financial reporting with crypto operations
• Platform automates reconciliation, audit-ready reporting, and compliance for institutions
• Unified system links transaction execution with back-office finance across 280+ blockchains
• Acquisition valued at $130M, aimed at strengthening tax compliance and audit processes for institutions

Platform Capabilities

TRES Finance supports more than 200 organizations, including Alchemy, Bank Frick, Dune, Finoa, M2, and Wintermute. Its platform automates reconciliation, reporting, and accounting across over 280 blockchains, exchanges, banks, and custodians. By combining Fireblocks’ secure infrastructure with TRES’ financial intelligence, institutions can manage the full lifecycle of digital asset operations under a single workflow, strengthening compliance, tax reporting, and audit processes.

Strategic Rationale

Fireblocks CEO Michael Shaulov highlighted that the acquisition addresses the growing need for transparency and operational clarity as digital assets integrate into mainstream finance. “Crypto companies must meet higher standards around tax reporting and disclosures, while banks and fintechs need reconciliation and controls aligned with existing ERP and ledger systems,” he stated.

TRES CEO Tal Zackon added that the acquisition will expand the platform’s reach globally and enhance the creation of an end-to-end onchain financial stack for institutions. The unified system provides contextualized financial records from the moment a transaction is created, enabling seamless middle- and back-office operations.

Market Impact

The deal positions Fireblocks and TRES as foundational infrastructure for enterprise digital asset finance, bridging operational execution with comprehensive reporting and compliance. Together, they aim to give institutions confidence to scale onchain operations while meeting global regulatory standards.

The combined platform is expected to serve crypto-native companies and traditional financial institutions, delivering a fully integrated solution for custody, settlement, reporting, and compliance in digital finance.