| Founded | 2018 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Crypto |
| Total raised | 489 |
| Collapse type | Mass Layoff Spiral |
| Founder | Michael Shaulov |
Fireblocks
"Crypto custody infrastructure for institutions — raised $8B, then institutions stopped arriving"
Cascading layoffs that accelerated the decline
Key Events Timeline
Fireblocks built the institutional-grade custody and transfer infrastructure for digital assets — the secure rails that banks and hedge funds were supposed to use when they 'went crypto.
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