Fireblocks Integrates WalletConnect v2.0 to Offer Institutional Clients Access to Solana (2024)

Fireblocks Integrates WalletConnect v2.0 to Offer Institutional Clients Access to Solana (3)

We’re thrilled to announce that Fireblocks, the digital asset custody, transfer, and settlement platform, has integrated WalletConnect v2.0 to offer its institutional clients access to the Solana blockchain’s ecosystem of decentralized applications for the very first time.

As one of the largest players in the crypto custody infrastructure space, Fireblocks serves over 1,300 institutions with its software and APIs. With its integration of WalletConnect v2.0, Fireblocks is moving beyond EVM-compatible chains to include non-EVM chains in its service offering, starting with Solana.

This is made possible by the enhanced version of our remote signer API, WalletConnect Sign. We developed the WalletConnect Sign API to enable wallets and apps to securely interact through an end-to-end encrypted connection, to realize interoperability within the flourishing web3 space. With v2.0 of the protocol, we have expanded interoperability to include non-EVM chains, providing support for multi-chain features such as simultaneous transaction signing.

Fireblocks Integrates WalletConnect v2.0 to Offer Institutional Clients Access to Solana (4)

Underpinning this is the incredible work achieved by the Chain Agnostic Improvement Proposals (CAIPs) to realize interoperability between blockchains and roll-ups through developer- and transaction-friendly blockchain and account identifiers. These are integral components that enable us to keep our protocol agnostic and power connections between web3’s growing number of blockchains, each of which are designed to serve distinctive use cases.

To help our partners offer their users the best experience possible, we are also continuously enhancing the WalletConnect communications protocol. We are working on implementing domain binding to protect against phishing attacks, adding post-transaction push notifications to offer richer UX, and expanding our data centers to further regions, which will improve latency by a whopping ~200ms for the average user.

Our mission is to not only allow end users to explore the chain of their choice but to do so with ever-improving security and speed. We’re thrilled to work with partners such as Fireblocks to make this a reality.

To keep up with our announcements, join our Discord and follow us on Twitter. If you are a wallet or an app that is interested in integrating WalletConnect, head over to our website to explore our documentation.

Fireblocks Integrates WalletConnect v2.0 to Offer Institutional Clients Access to Solana (2024)

FAQs

Fireblocks Integrates WalletConnect v2.0 to Offer Institutional Clients Access to Solana? ›

We're thrilled to announce that Fireblocks, the digital asset custody, transfer, and settlement platform, has integrated WalletConnect v2. 0 to offer its institutional clients access to the Solana blockchain's ecosystem of decentralized applications for the very first time.

Does wallet connect support solana? ›

WalletConnect Support for Solana

Users will be able to stake via the Blockdaemon app, connect your preferred Solana wallet, and track their staking performance through a dedicated dashboard. WalletConnect not only simplifies the process of staking but also enhances your security and user experience.

What does the Fireblocks do? ›

Fireblocks is an enterprise-grade platform delivering secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables funds, family offices, banks, and web3 businesses to securely scale operations through the Fireblocks Network and MPC-based Wallet Infrastructure.

What are the different types of wallets in Fireblocks? ›

Fireblocks wallets can be hot, warm, or cold. What separates these types of wallets is where the third MPC key share is held, and how transaction approvals are conducted. With a hot wallet, the third MPC key share is held by an API user on an API co-signer, and transaction approvals can be automated.

What wallet connects to Solana? ›

As the official Solana wallet, Phantom is a prominent wallet in the Solana ecosystem, known for its robust features that cater to both new and experienced users. It offers a comprehensive suite of tools for interacting with Solana's DeFi, NFTs, and more, making it a go-to choice for many in the Solana community.

How do I connect to Solana? ›

Physical Connections to the Solana

Use a standard Ethernet cable to connect the Solana to your LAN. Solana powers up the network card and joins the network when the instrument powers up.

How to make your own Solana wallet? ›

How To Create A Solana Wallet?
  1. Pick a Wallet Provider.
  2. Create a New Crypto Wallet.
  3. Secure Your Wallet.
  4. Set Up a PIN For A Quick Access.
  5. Top Up Your Account And Manage Your SOL Tokens.
May 30, 2024

How do I integrate payments with Solana? ›

Go to Store settings. Add your Solana wallet and create a new API key. The integration will be active on your website, and you're ready to accept payments in Solana!

How safe is Fireblocks? ›

The Fireblocks Network ensures transfers from Fireblocks wallets are simple and secure. The Network automatically authenticates deposit addresses to avoid manual deposit address entry and the need for test transfers.

How many blockchains does Fireblocks support? ›

Fireblocks supports over 60 blockchains and the leading token standards for Web3 and NFTs, and Zilliqa's integration presents new opportunities for institutional collaboration that leverages the capabilities of Zilliqa's ecosystem." Zilliqa is a high-performance, high-security, and low-fee layer-1 blockchain platform.

What is fireblock used for? ›

Areas where materials are added to fill gaps are called fire blocks. Flames and smoke can spread rapidly through gaps, which is why it's important to fill them. This type of treatment can either slow down or stop the spread of flames and smoke.

What is a burnt wallet? ›

A burnt wallet is a cryptocurrency wallet that is intentionally deleted or made inaccessible, rendering the funds within it unrecoverable. This is typically done to remove coins from circulation, which can help to increase the value of the remaining coins.

What crypto wallets to use? ›

8 best hot wallets
Zengo4.8
Exodus4.5
Trust Wallet4.4
Coinbase Wallet4.3
MetaMask4.0
3 more rows
Jun 13, 2024

What is an example of a burner wallet? ›

The key is to reduce risks by keeping your primary wallet and funds separate from these activities. For example, you could create a burner wallet when participating in new airdrops or when interacting with a new smart contract that was not audited.

What chains does WalletConnect support? ›

Supported Chains​

The Blockchain API supports popular chains such as Ethereum, Binance Smart Chain, Solana, and more. See the full list of supported chains.

Which ledger supports Solana? ›

The Ledger Nano X and Nano S support the SOL token. Ledger is a smart way to secure, buy, exchange and grow your crypto assets. The SOL asset is supported on all Ledger devices, including the Nano X and Nano S.

Can you connect MetaMask to Solana? ›

MetaMask is built specifically for Ethereum and Ethereum Virtual Machine (EVM) compatible chains. In other words, MetaMask is built only for blockchains that can run Ethereum smart contracts. Because Solana is not EVM-compatible, MetaMask does not support the ability to hold and trade Solana-based assets.

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