Fireblocks Acquires TRES for $130 Million to Enhance Digital Asset Compliance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Acquisition Deal: Fireblocks has acquired TRES for $130 million in cash and equity, aiming to integrate its tax compliance infrastructure, thereby enhancing support for institutional clients managing digital assets.
- Product Independence: TRES will continue to operate as a standalone product, ensuring that existing services and customers remain unaffected while providing Fireblocks with secure asset custody and audit-ready financial intelligence.
- Market Demand: TRES supports over 280 blockchains, addressing the demand for “hundreds of billions” in stablecoin settlements, indicating a growing need for advanced blockchain accounting protocols to help institutions stay compliant.
- Expansion Strategy: This acquisition marks Fireblocks' second major deal in three months, following the $90 million purchase of enterprise wallet provider Dynamic in October, further solidifying its market position in the digital asset space.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






