FIS to bring cryptocurrency services to capital markets clients via Fireblocks

Fidelity National Information Services (NYSE:FIS) on Wednesday has teamed up with cryptocurrency custody platform Fireblocks to provide digital asset services for its capital market clients. The move comes as FIS continues to expand its portfolio of crypto offerings for clients across multiple markets, the company noted. Specifically, FIS will leverage the Fireblocks platform to let clients "move, store and issue digital assets, and gain access to self-custody digital asset wallet technology, an asset transfer network and tools to access staking, DeFi and other more advanced forms of digital asset exposure," the company said. “As digital currencies become more mainstream, capital markets firms will greatly benefit from a single destination that helps them manage many classes of digital assets,” said Nasser Khodri, head of Capital Markets at FIS. In February, FIS's Worldpay partnered with Crypto.com to become a blockchain validator.