In short
- Blockchain infrastructure agency Fireblocks is shopping for TRES Finance so as to add accounting and reconciliation to its platform.
- The transfer targets enterprises working stablecoin and treasury flows on-chain at scale.
- The acquisition displays rising demand for audit-ready crypto operations.
Fireblocks, a blockchain infrastructure firm centered on digital asset custody and transaction providers, has agreed to accumulate TRES Finance, a crypto accounting platform that produces standardized monetary data from on-chain exercise.
Whereas Fireblocks has constructed its enterprise round custody and transaction infrastructure for exchanges, banks, asset managers, and fintech corporations, buying TRES seems to deal with a spot between on-chain transaction knowledge and the accounting, tax, and audit necessities these purchasers face.
The deal values TRES Finance at about $130 million and was structured as a mixture of money and fairness.
"Each crypto-native corporations and conventional establishments want clear, correct accounting and auditability,” Fireblocks CEO Michael Shaulov mentioned in a posted assertion, including that with the acquisition, their clients may “now run each their digital asset operations and get the monetary intelligence they want on one safe, compliant, scalable stack."
Michael Shaulov (CEO, @FireblocksHQ):
"Each crypto-native corporations and conventional establishments want clear, correct accounting and auditability. By providing TRES and Fireblocks collectively, clients can now run each their digital asset operations and get the monetary intelligence…— Fireblocks (@FireblocksHQ) January 7, 2026
TRES Finance converts blockchain exercise into structured monetary data that combine with enterprise techniques similar to normal ledgers and ERP software program. Its instruments are utilized by crypto corporations and controlled establishments to trace balances, flows, and exposures throughout a number of wallets, blockchains, and custodians.
Incorporating these capabilities would enable Fireblocks to supply accounting and reconciliation alongside its present custody and transaction providers.
Nonetheless, an integration additionally carries danger, significantly by way of execution.
“As corporations scale digital asset operations, there’s rising strain to break down the time and coordination required throughout custody, execution, reconciliation, and reporting,” Wesley Crooks, CEO of blockchain engineering agency FP Block, informed Decrypt.
Built-in platforms “can materially simplify portfolio administration,” he added. But integration additionally shifts dangers as an alternative of eliminating these outright, he defined.
“Conventional separation of custody, execution, and accounting created unbiased controls; when these layers are mixed, governance and oversight have to be made express,” Crooks mentioned. What stays as a query is “whether or not establishments keep enough inner checks throughout incidents, disputes, or audits,” he added.
Accounting frameworks and tax therapies for digital belongings additionally stay uneven throughout jurisdictions, which may lead to product standardization lagging after regulatory modifications.
When regulated finance comes to some extent the place it has extra broadly adopted stablecoins and tokenized belongings, vertical integration may present a “sequential” response, Wook Lee, CEO and Founder, EDENA Capital Companions, a regulated digital securities infrastructure supplier, informed Decrypt.
“Within the early phases of regulated digital asset adoption, vertical integration may also help set up accountability and regulatory belief,” Lee mentioned, including that as markets mature and cross-border participation grows, “interoperability turns into important,” such that future prospects would flip to the query of how regulated techniques “can join seamlessly throughout jurisdictions.”
Stablecoin exercise
Fireblocks’ transfer comes amid broader pressures within the crypto business and its stablecoin sector specifically.
“The hole was clear: Stablecoin settlements exceed lots of of billions month-to-month. Enterprises run whole treasury flows onchain. However blockchain transactions generate operational data, not monetary data,” the corporate tweeted.
The hole was clear:
Stablecoin settlements exceed lots of of billions month-to-month. Enterprises run whole treasury flows onchain.However blockchain transactions generate operational data, not monetary data.
No audit-ready knowledge. No clear reconciliation. No tax compliance that…
— Fireblocks (@FireblocksHQ) January 7, 2026
Up to now, stablecoin settlement volumes have reached $46 trillion in complete transaction quantity over the previous yr, up 106% from the prior interval, based on an estimate by enterprise capital agency a16z.
On an adjusted foundation supposed to exclude bot-driven or artificially inflated exercise, stablecoin transaction quantity totaled about $9 trillion over the previous yr, up 87% from a yr earlier, per the agency, which famous that the extent exceeds PayPal’s transaction quantity and represents greater than half of Visa’s.
In a 2026 forecast, monetary intelligence agency Moody’s mentioned regulated stablecoins “may acquire larger prominence in settlements for tokenized funds and digital securities,” as developments in synthetic intelligence drive extra automation and high-frequency transactions.
The agency warned, nonetheless, that broader adoption would heighten scrutiny round reserves, governance, and monetary stability, making regulatory readability and operational requirements vital to their long-term function.
