Fireblocks buys embedded-wallet startup Dynamic, reportedly for about $90M

Fireblocks/Fireblocks MPC Wallets & Custody

Fireblocks acquired Dynamic, whose tools let apps embed crypto wallets with passkey sign-in, extending Fireblocks from institutional custody to consumer apps. Terms were undisclosed; the unofficial figure was about $90 million.

• Dynamic had created over 50 million onchain accounts, for customers including Kraken, Stripe, Magic Eden and Ondo.
• Its 30-person team joined Fireblocks.
• Shaulov framed the deal as completing a stack from custody to consumer.