Solvo Finance, an EU-based cryptocurrency startup, has introduced that their forthcoming crypto investing app will combine Fireblocks, an easy-to-use platform to create new blockchain-based merchandise and handle day-to-day digital asset operations. With the assist of Fireblocks’ battle-tested expertise, Solvo will be capable of present world-class safety for patrons’ digital property.
“Solvo is concentrated on being an accessible entry level to empower the crypto-curious to turn out to be crypto-capable traders by offering an easy-to-use, trusted and clear platform,” mentioned Ayelen Denovitzer, Co-founder and CEO of Solvo. “Too usually, opaque and sophisticated apps and platforms are boundaries to new traders by requiring heavy person involvement and thereby undermining belief within the platform.”
Denovitzer says Solvo is concentrated on offering “the very best of the very best of crypto to our customers.” With the assist of Fireblocks, Solvo is aiming to supply customers with real-time transparency of the place their property are at any given time. “We essentially consider that transparency will construct belief in crypto-curious traders,” Denovitzer defined.
Solvo believes a key barrier to entry for the crypto-curious investor is lack of belief. A 2022 survey by TMT Evaluation discovered that solely 9% of respondents consider that crypto providers on provide are secure and safe.
By using Fireblocks’ enterprise-grade expertise for its customers’ retail wallets, treasury administration, direct custody and providing its customers staking rewards through Fireblocks’ Figment integration, customers needs to be assured within the safety and management of their digital property when utilizing the Solvo app.
“We’re excited to assist Solvo’s imaginative and prescient of making better accessibility to crypto and decentralized finance through a easy, clear and reliable platform,” mentioned Stephen Richardson, Senior Vice President of Monetary Markets at Fireblocks. “Fireblocks employs next-generation, institutional-grade expertise so Solvo customers can relaxation assured that their digital property are secure.”
The app is at present in beta testing and is anticipated to launch to most people in early 2023.