Fireblocks has agreed to acquire TRES Finance, a cryptocurrency accounting platform, for $130 million in cash and stock. The deal comes just three months after Fireblocks’ acquisition of Dynamics, a cryptocurrency wallet startup, for about $90 million in October.
TRES Finance’s platform enables corporate finance executives and accountants to track crypto asset flows across multiple platforms and wallets. Key customers include venture capital firm CoinFund, analytics platform Nansen, and the Phantom wallet development team.
TRES had closed an $11 million funding round in late 2023. Co-founder and CEO Tal Zackon said the acquisition price was higher than the company’s latest valuation.













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