FIREBLOCKS ACQUIRES DYNAMIC

Summary from the TLDR Crypto newsletter

Enterprise custodian Fireblocks acquired Dynamic, a wallet infrastructure provider powering over 50 million onchain accounts for customers like Kraken, Magic Eden, and Ondo Finance. Dynamic's embedded wallet technology enables developers to integrate digital asset functionality without dedicated crypto engineers, handling user onboarding, authentication, wallet connections, and funding integrations. The acquisition combines Fireblocks' institutional-grade infrastructure serving 2,400+ financial institutions with Dynamic's developer-first platform, positioning the merged entity to deliver both enterprise security and consumer-friendly wallet experiences across fintechs and enterprises.