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Falcon Finance, a cutting-edge synthetic dollar protocol, has taken a major step forward in safeguarding user assets by integrating Fireblocks Off Exchange.
We are proud to announce that we have integrated with @FireblocksHQ, significantly enhancing the security framework for all user assets. This integration will deliver three key security benefits 🔒: ✔️ Off-Exchange Protection – User assets remain secured while Falcon trades via…
Unlike conventional systems that rely on centralized clearing parties, Fireblocks Off Exchange uses secure, shared wallets powered by Multi-Party Computation (MPC) technology.
This setup locks funds programmatically, ensuring they stay safe from exchange-related vulnerabilities.
Fireblocks’ integration is a significant upgrade for Falcon Finance’s clients, who can now trade confidently without exposing their assets to common risks.
A safer way for Falcon Finance clients to trade
The integration of Fireclocks Off Exchange allows Falcon Finance to keep underlying assets in cold storage while executing trades through mirrored positions.
This means user funds never touch the hot wallets of centralized exchanges, which have historically been targets for security breaches.
By eliminating this weak link, Falcon Finance is setting a new standard in the synthetic dollar space.
Andrei Grachev, Managing Partner at Falcon Finance, emphasized the importance of this development. “Protecting user assets is our top priority,” he said.
“With Fireblocks’ institutional-grade technology, we’ve built a system where assets remain secure, even during active trading.”
Notably, Fireblocks, a global leader in digital asset infrastructure, brings unmatched credibility to the partnership.
Known for its secure and scalable platform, the company supports a vast network of exchanges, custodians, and financial institutions.
It’s Off Exchange solution distributes cryptographic key shards across multiple nodes, removing single points of failure and enhancing transaction integrity.
This collaboration delivers peace of mind for Falcon Finance users.
Assets stay isolated from exchange hot wallets, reducing exposure to hacks or mismanagement.
At the same time, the system maintains operational efficiency, proving that top-tier security doesn’t have to come at the cost of performance.
A commitment to innovation
For Falcon Finance, this integration is more than a technical upgrade—it’s a milestone in its mission to provide secure and transparent digital asset management.
The company aims to keep pushing the boundaries of security while delivering competitive yields in any market condition.
Looking ahead, Falcon Finance plans to explore further innovations to protect its users in a space troubled by waves of exploitations, with the latest being the Bybit Ethereum (ETH) hack that is the largest cryptocurrency hack in history.
The move underscores Falcon Finance’s role as a forward-thinking player in the synthetic dollar ecosystem.
With a focus on transparency and institutional-grade risk management, it’s carving out a reputation as a trusted name in the industry.
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