Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments

Fireblocks, a platform offering infrastructure for moving, storing and issuing digital assets, has partnered with U.K.-based institutional crypto exchange Zodia Markets in a bid to improve corporate cross-border payments. The collaboration will allow corporations to transfer funds faster through the use of stablecoins rather than through traditional fiat currency methods, according to the press release. Zodia Markets is backed by the venture capital unit of Standard Chartered and offers digital asset trading for corporations and large institutions. Fireblocks recently hired a new chief marketing officer, Michal Ferguson, who came aboard after the recent addition of a new chief financial officer and chief customer officer.

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