Fireblocks to acquire Dynamic Labs.

Fireblocks, an enterprise-grade platform that provides a secure infrastructure for moving, storing and issuing digital assets, agreed to acquire Dynamic Labs, a developer of embedded wallet infrastructure for enterprises. Financial terms were not disclosed. "We've seen this pattern before. The ability to simplify traditionally complex infrastructure - whether it's communications with Twilio or bank connections with Plaid - unlocks immense developer activity. That same principle is true for crypto. Our team at Dynamic has done the same for embedding digital asset services in any application. Now, leveraging Fireblocks' enterprise foundations, we will expand our reach to empower product teams globally with a complete, secure and compliant stack, enabling them to get digital asset functionality to production within days," Itai Turbahn, Dynamic co-founder and CEO.