Fireblocks has acquired Dynamic, a developer-first wallet infrastructure platform supporting more than 50 million onchain accounts for clients such as Kraken, zerohash, and Magic Eden.
The move aims to accelerate onchain adoption among FinTechs and enterprises by merging institutional-grade infrastructure with agile developer tools.
The acquisition strengthens Fireblocks’ position as a trusted foundation for digital asset innovation. With global payments and trading increasingly shifting onchain, the deal allows Fireblocks to empower businesses to build secure and compliant digital asset experiences quickly and at scale. The value of the deal has not been disclosed.
Dynamic, founded by Yoni Goldberg and Itai Turbahn, enables developers to embed seamless digital asset experiences into any application. Its technology covers user onboarding, authentication, embedded wallets, wallet connections, and funding integrations. The company’s tools have powered leading Web3 and enterprise solutions—such as Kraken’s playful global trading app Inky, zerohash’s crypto and stablecoin payment services, and Magic Eden’s digital collectibles marketplace.
Fireblocks, meanwhile, has established itself as a backbone of the digital asset economy, providing secure infrastructure for stablecoins, payments, and tokenisation. Its technology enables enterprises to launch products safely and in compliance with regulatory standards, supporting over a billion end users globally.
Through this acquisition, Fireblocks and Dynamic aim to unite institutional infrastructure with intuitive developer tools. The combined offering will deliver embedded wallets, cross-chain global wallets, and integrated fiat and stablecoin payment rails. This will help enterprises reduce complexity, eliminate custody risk, and rapidly roll out digital asset functionality.
Fireblocks said the acquisition represents a defining moment for both companies and for the wider financial ecosystem as programmable money becomes a mainstream reality. The integration of Dynamic’s team of 30 into Fireblocks marks a key step in advancing the goal of enabling every business, app, and website to have an embedded wallet.
Dynamic co-founder and CEO Itai Turbahn said, “We’ve seen this pattern before. The ability to simplify traditionally complex infrastructure – whether it’s communications with Twilio or bank connections with Plaid – unlocks immense developer activity. That same principle is true for crypto. Our team at Dynamic has done the same for embedding digital asset services in any application. Now, leveraging Fireblocks’ enterprise foundations, we will expand our reach to empower product teams globally with a complete, secure and compliant stack, enabling them to get digital asset functionality to production within days.”
Fireblocks said the merger will allow enterprises to lead in an evolving financial landscape, launch new products, and unlock new revenue streams, furthering its mission to build the trusted foundation for the financial internet.
