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2d ago

Fireblocks to Acquire TRES Finance in Reported $130 Million Deal

The purchase couples Fireblocks’ custody infrastructure with TRES’s audit‑ready accounting to address rising compliance and audit demands.

TRES Finance cofounders Tal Zackon (left) and Eilon Lotem.
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Fireblocks acquires crypto accounting firm tres for $130m as it expands offerings
Fireblocks acquires tres finance to deliver institutional digital‑asset operating system with stablecoin support

Overview

  • TRES will remain a standalone product as Fireblocks integrates its accounting, reconciliation and financial‑reporting features into a unified institutional stack.
  • The transaction was structured as cash and equity worth about $130 million, according to media reports citing people familiar with the deal, while Fireblocks did not disclose a price.
  • The acquisition brings audit‑ready data generation and automated reconciliation across more than 280 blockchains, with TRES serving over 200 organizations including Alchemy, Wintermute and Bank Frick.
  • Executives say the combined offering targets enterprises running stablecoin and on‑chain treasury flows at scale and facing stricter audit, tax and reporting requirements.
  • The deal marks Fireblocks’ second purchase in roughly three months, following its October acquisition of wallet infrastructure startup Dynamic for about $90 million.