Fireblocks Acquires TRES Finance in $130M Deal Amid Crypto Industry Growth

Fireblocks, a leading digital asset infrastructure provider, has finalized its acquisition of TRES Finance, an Israeli crypto accounting platform, for approximately $130 million in cash and equity. This marks Fireblocks' second major purchase in three months, following its $90 million acquisition of crypto wallet startup Dynamic in October 2025.

The deal underscores the growing need for compliance-focused solutions as crypto firms mature. "You have a slew of companies that either are looking to go public or need to operate within traditional financial standards," said Michael Shaulov, Fireblocks' CEO. TRES fills a critical gap in Fireblocks' offerings by adding detailed crypto asset monitoring and analysis capabilities to its existing custody and transfer solutions.

This transaction reflects broader momentum in crypto M&A activity, with deal volume nearly doubling last year. The surge coincides with renewed institutional interest in digital assets under the current U.S. administration.