Kaia Integrates into Fireblocks Solution Ecosystem

The Kaia DLT Foundation (hereinafter referred to as the Foundation), established to expand the domestic and international business of the global Layer 1 blockchain platform Kaia, announced on the 20th that it has integrated various solutions of the digital asset management and blockchain business building platform 'Fireblocks' into the Kaia blockchain ecosystem.

The integration of Fireblocks helps Kaia ecosystem partners, including institutions, to develop and operate Web3 applications in a safer and more convenient environment. In particular, participants in the Kaia ecosystem can utilize Fireblocks' large-scale MPC (Multi-Party Computation) wallet development, blockchain payment system construction, and decentralized application development platform. Additionally, Fireblocks' distributed private key management solution and end-to-end security protocol within the MPC wallet development solution will minimize the risk of Kaia DApps being compromised by on-off-chain attack attempts.

Moreover, Fireblocks' API (Application Programming Interface) integration solution enhances the convenience of building Web3 financial services. The application of Fireblocks infrastructure is expected to provide faster, safer, and more scalable solutions to institutional participants within the Kaia ecosystem, further promoting the popularization of blockchain.

Amy Zhang, Head of APAC at Fireblocks, said, "The integration of Fireblocks solutions into the Kaia ecosystem reflects our direction to provide the necessary tools for institutions to safely and smoothly adopt blockchain technology," adding, "Now, Kaia ecosystem partners can confidently expand their businesses while mitigating risks by leveraging leading MPC technology and a proven platform, providing Web3 services to millions of users across Asia."

Suh Sang-min, Chairman of the Kaia DLT Foundation, added, "The collaboration with Fireblocks is a significant advancement in enhancing the scalability and security of the Kaia blockchain ecosystem, and the newly added solutions enable efficient access to global regulatory standards for institutional participants," adding, "In the future, Kaia will continue to select and introduce excellent infrastructure to enable ecosystem participants to access Web3 finance more easily and safely."