Oobit integrates with Fireblocks ahead of Crypto Tap-to-Pay launch in Europe and UK
“Our integration with Fireblocks not only opens doors for potential collaborations but also enables us to expedite the setup process with new partners. As Fireblocks is already integrated with major players in the market, we can seamlessly connect with these entities, eliminating the need for extensive integration efforts from scratch.”
Oobit, a crypto payment solutions provider, has announced its integration with Fireblocks ahead of Oobit’s Crypto Tap-to-Pay launch in Europe & UK this summer.
By integrating with Fireblocks, Oobit gains access to an extensive network of partners, protocols, banks, and ecosystems, in line with the firm’s mission to bridge the gap between cryptocurrency and traditional finance to provide a solution that will allow the seamless adoption of crypto in everyday life.
Fireblocks has established itself as the leading enterprise-grade platform delivering a secure infrastructure for moving, storing and issuing digital assets. The firm provides an easy-to-use platform to create new blockchain-based products and manage day-to-day digital asset operations.
“Fireblocks enables us to expedite the setup process with new partners”
Amram Adar, Chief Executive Officer of Oobit, said: “Our integration with Fireblocks not only opens doors for potential collaborations but also enables us to expedite the setup process with new partners. As Fireblocks is already integrated with major players in the market, we can seamlessly connect with these entities, eliminating the need for extensive integration efforts from scratch.”
Stephen Richardson, Managing Director, Financial Markets at Fireblocks, said: “We are excited to support Oobit’s vision of making it easier for users to pay with crypto with the launch of their new Tap-to-Pay feature. Fireblocks employs next-generation, institutional-grade technology so Oobit users can rest assured that their digital assets are safe and secure.”
Fireblocks has earned the trust of over 1,800 financial institutions, having secured the transfer of over $4 trillion in digital assets to date. The firm supports exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure.
Its unique insurance policy covers assets in storage and transit. This has become one of the leading selling points for Fireblocks. Some of the biggest trading desks also make the switch because Fireblocks is the only solution that CISOs and Ops Teams both love.
The collaboration between Oobit and Fireblocks is expected to bring forth new opportunities and improved services for cryptocurrency users, further promoting the mainstream adoption and integration of digital assets.
Oobit eliminates risks typically associated with crypto transactions
Oobit offers a mobile payments app that provides a seamless crypto payment experience by utilizing existing VISA/Mastercard POS terminals. The app enables merchants to receive payments in their local fiat currency, eliminating the risks typically associated with crypto transactions.
The feature is set to launch this summer, where European & UK Passport holders will be able to use the app for in-store transactions globally. Oobit technologies UAB, headquartered in Lithuania, strategically positions itself to access the vast and economically significant European market.
With its presence in Lithuania, Oobit is well-positioned to offer its services throughout the European Economic Area (EEA) and beyond.