Fireblocks acquires crypto accounting platform TRES for $130M in cash and equity deal
Key receivers
Fireblocks acquires TRES financing for $130M in cash and equity. The deal expands Fireblocks' infrastructure to include audit-ready accounting and financial reporting capabilities.
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FireBlocks, a provider of digital asset protection and trading infrastructure, has acquired crypto accounting platform TRES Finance in a deal valued at $130 million in cash and equity, executives cited by Fortune said.
The acquisition expands the FireBlocks infrastructure to meet the growing number of enterprise customers and operational needs.
Founded seven years ago, FireBlocks has become a leading provider of solutions that enable organizations to securely operate and manage trillions of dollars in assets.
The TRES platform transforms blockchain transaction data into structured formats compatible with enterprise resource planning systems and general ledgers. The platform supports over 230 clients including Alchemy, Dune, Wintermute, M2 and Bank Frick.
With the merger, FireBlocks is expected to offer new capabilities in accounting, financial reconciliation and audit-ready data management.
The deal comes as EU markets implement stricter rules around the world on digital asset movements, including the Crypto-Assets Regulation and US laws like the GENIUS Act.
The combined offering is expected to help clients achieve consistent reporting, meet regulatory obligations and streamline internal financial controls as digital asset adoption grows.
