Fireblocks, an enterprise platform for managing digital asset operations and building innovative businesses, announced the appointment of Vasant Prabhu, former CFO and Vice Chairman of Visa, to its Advisory Board.
The appointment of Prabhu comes as institutional transaction volumes on the Fireblocks Network surge 85% year-over-year.
"Vasant's track record in scaling global public businesses and his vision for the future of financial networks will be critical as we accelerate our growth into payments and traditional finance," said Michael Shaulov, CEO of Fireblocks.
Fireblocks' footprint in the $2.4tn payments industry and beyond will be greatly aided by the appointment of Prabhu, who has an extensive background as CFO of Visa, NBCUniversal, Starwood Hotels, and Safeway.
"Fireblocks is building a network that redefines how financial systems operate, empowering institutions to embrace the next era of payments and identity."
Fireblocks has created over 250 million wallets and secured over $7 trillion in transactions.
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Source prnewswire