Finery Markets Adopts Fireblocks Custody Technology to Automate Institutional Crypto Settlement

Finery Markets, a leading provider of institutional digital asset trading infrastructure, has integrated Fireblocks’ custody technology into its platform to automate off-exchange trading settlement and post-trade workflows for institutional clients. The integration links Finery Markets’ Execution Management System (EMS) with Fireblocks’ secure custody and settlement layers, enabling clients who use Fireblocks as their custody provider to execute and settle trades without switching between systems. This initiative reflects a broader push toward institutional-grade digital asset market infrastructure that combines secure custody with efficient execution and settlement, mirroring features of traditional capital markets while maintaining the benefits of blockchain-enabled post-trade processing.

By automating data exchange between trading environments and custody vaults, the collaboration reduces manual processes, enhances operational efficiency, and supports netted settlement workflows — where multiple trade obligations can be consolidated rather than settled individually, potentially lowering settlement costs and capital lock-ups for institutional participants. Finery Markets says this integration will help institutions operate more securely and efficiently, while adhering to the principle of separating trade execution from asset custody.

Key Highlights

• Custody integration: Finery Markets has adopted Fireblocks’ custody technology to streamline trading settlement for institutional clients.
• Automated workflows: The integration automates post-trade data flows between Finery Markets’ EMS and Fireblocks vaults, cutting manual steps.
• Institutional focus: Aimed at institutional OTC digital asset trading where settlement efficiency and custody safeguards are critical.
• Structural separation: Maintains clear separation between trade execution and asset safekeeping, aligning with established institutional market practices.
• Netted settlement: Supports post-trade netting, reducing operational costs and improving capital efficiency.
• Global reach: Finery’s infrastructure supports transactions across more than 150 blockchains and is utilised by many institutional players worldwide.

What the Integration Does

Secure Custody Meets Trading Execution

Fireblocks provides enterprise-grade custody technology trusted by thousands of institutions globally for secure asset storage, transaction governance and compliance support. By integrating this custody layer into Finery Markets’ trading stack:

• Clients can trigger settlements directly within the Finery Markets interface.
• Manual data entry and reconciliation between systems are eliminated.
• Daily reconciliations of positions and credit limits are aligned with custody data, reducing counterparty risk.

Post-Trade Netting for Efficiency

Instead of settling each trade individually, Finery’s system — supported by Fireblocks’ custody technology — can net multiple trade obligations into aggregated settlement instructions. This improves liquidity usage and reduces capital tied up in settlement processes, a major benefit for institutional participants trading large or frequent OTC blocks.

Why It Matters for Institutional Crypto Markets

1. Institutional-Grade Infrastructure

Institutional investors and traditional financial firms require robust market infrastructure that resembles the operational rigour of traditional capital markets. By integrating trusted custody technology like Fireblocks, Finery Markets lowers operational risk, supports compliance requirements and bridges the gap between legacy and digital asset workflows.

2. Enhanced Security and Compliance

Fireblocks’ multi-layer custody infrastructure provides secure key management, transaction policy controls and governance frameworks that help institutions meet rigorous risk and compliance standards while managing digital assets. This is increasingly important as regulatory expectations around custody and asset safeguarding tighten globally.

3. Operational Efficiency and Capital Utilisation

Automating front-to-back settlement workflows and enabling netted settlement processes can significantly reduce operational overhead and capital inefficiencies compared with traditional manual settlement practices. This improves the scalability and competitiveness of institutional OTC trading in digital assets.