Fireblocks joins Digital Pound Foundation’s membership community 

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We are very pleased to announce the addition of Fireblocks to the Digital Pound Foundation’s membership community. Fireblocks joins the Foundation as a corporate member and will also take part in the Policy, Legal and Regulatory Working Group. Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, is trusted by some of the most recognised banks and financial institutions in the world to bring their digital asset strategies into production, including BNY Mellon, BNP Paribas, ANZ Bank, NAB, ABN AMRO, BTG Pactual, Tel Aviv Stock Exchange, and SIX Digital Exchange.

Varun Paul, Director for Central Bank Digital Currency and Financial Market Infrastructure, Fireblocks, commented: “Fireblocks is thrilled to join the Digital Pound Foundation and has already made an active contribution to the DPF’s Digital Pound consultation response published last week. The DPF has consistently shown thought leadership and furthered the debate on Central Bank Digital Currencies in the UK. The UK is entering a critical phase in its development of a digital Pound and its regulation of crypto and stablecoins as it seeks to become a global hub for digital assets. This collaboration will enable Fireblocks to share lessons from cutting-edge innovations right across the digital asset industry and bring to the UK all the knowledge and expertise we have gained from our central bank interactions all around the world.”

According to Fireblocks, two of the most important considerations for central banks when thinking about their CBDC tech stack are security and interoperability. Paul continued, “central banks like the Bank of England, that want to harness and encourage innovation in the private sector, should develop the infrastructure as a platform for the private sector to build on top of.”

Jannah Patchay, Executive Director and Policy Lead, Digital Pound Foundation added: “We are delighted to have Fireblocks joining the Digital Pound Foundation as our newest member, as well as welcoming Varun Paul, Fireblocks’ Director of CBDC and Market Infrastructure, to our Policy, Legal and Regulatory Working Group. We look forward to the experience and insight that they will bring to the DPF and our work, and to their contribution in growing our body of thought leadership and advocacy with respect to a future ecosystem of new forms of digital money that is diverse, effective and competitive.”

Interested to become a member of the Digital Pound Foundation? If you are interested to learn more about membership, including the many benefits and opportunities, please head over to our membership page, or reach out to our Membership and Community Manager, Michelle Brook directly via email: membership@digitalpoundfoundation.com

About Fireblocks

Fireblocks is an enterprise-grade digital asset security platform for moving, storing, and issuing digital assets. Fireblocks enables financial institutions to securely build, run and scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. The company has secured the transfer of over $4 trillion in digital assets and offers a unique insurance policy that covers assets in storage & transit. For more information, please visit www.fireblocks.com.

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