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Fireblocks, the platform securing more than $4 trillion in digital asset transfers annually, has entered into an agreement to acquire TRES Finance, the enterprise financial data and reporting platform for digital assets. TRES will join the Fireblocks platform, enabling institutions to manage the full lifecycle of digital asset operations, from transaction execution to financial reporting.
As regulatory clarity develops globally and digital assets establish their position in institutional portfolios, financial reporting and operational capabilities are becoming essential for market participation. Institutions in the digital asset ecosystem now need to meet regulatory standards across jurisdictions, including accurate reconciliation, audit-ready reporting, and full tax compliance across providers, protocols, and asset types. Digital asset activity must also align with established ERP, ledger, and reporting workflows.
Fireblocks provides secure infrastructure for institutions to build, scale and manage their digital asset businesses. TRES adds the financial intelligence needed to convert that activity into accurate, contextualised, and audit-ready records that meet enterprise standards. Together, Fireblocks and TRES form infrastructure for an onchain financial environment, linking middle-office operations with back-office finance and compliance required for institutions to operate at scale.
Fireblocks
- TRES Finance
- Digital assets
- Acquisition
- Financial reportingMichael Shaulov, Co-founder and CEO of Fireblocks
Michael Shaulov, Co-founder and CEO of Fireblocks, addressed the strategic rationale behind the acquisition:
“With digital assets now part of day-to-day financial operations, both crypto-native firms and traditional institutions need clear, accurate accounting and auditability. Crypto companies must meet higher standards around tax reporting and disclosures, whilst banks and fintechs need reconciliation and controls that align with their existing ERP and ledger systems. By bringing TRES into the Fireblocks ecosystem, customers can now run both their operations and their back-office finance on one secure, compliant, and scalable stack.”
The acquisition aims to provide customers with a complete foundation for digital asset finance, where financial records carry full context from the moment the transaction is created. This unified approach connects operations with back-office finance in a single workflow, strengthening reconciliation, audit preparation, tax reporting, and regulatory processes as digital asset usage grows.
Tal Zackon, Co-founder and CEO of TRES Finance
Tal Zackon, Co-founder and CEO of TRES Finance, commented on the integration.
“The TRES team has built the financial record-keeping behind onchain activity, delivering clean, audit-ready data for institutions operating at scale. Joining Fireblocks allows us to extend this capability globally and help create the end-to-end financial stack institutions will rely on as the world moves onto blockchain rails.”
TRES supports more than two hundred organisations, including Alchemy, Bank Frick, Dune, Finoa, M2, and Wintermute. Fireblocks has secured over $10 trillion in digital asset transactions and serves both crypto-native companies and traditional financial institutions moving onchain.
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