Coins.ph partners with Fireblocks for custody

Coins.ph, the Philippines-based cryptocurrency service provider, has partnered with Fireblocks. Leveraging Fireblocks’ latest MPC-based solutions, Coins.ph will improve the security, efficiency, and flexibility of transactions and exchanges of digital assets on the Coins.ph platform, as well as lowering operational costs as the company grows. MPC-CMP is blockchain agnostic, which will allow Coins.ph to add support for blockchains like Ronin, Solana, Avalanche, and Polygon.

Launched in 2014, Coins.ph has more than 16 million users. Through its mobile app, users can buy and sell a variety of cryptocurrencies and access a range of financial services. Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas.

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