Fireblocks has broadened its partnership with Thales to incorporate Luna Hardware Security Modules (HSMs) into its digital asset platform, serving financial institutions.
Based in Singapore, the enterprise platform will facilitate the expansion of certified hardware infrastructure into digital asset operations. The system supports custody, trading, tokenization, and on-chain settlement while aligning with existing security, governance, and audit procedures.
This solution enables organizations to manage cryptocurrencies, stablecoins, security tokens, and tokenized real-world assets across various blockchain networks. Support for multiple elliptic curves ensures cross-chain coverage and liquidity access.
Managed infrastructure that meets regulatory standards
Fireblocks offers banks comprehensive policy control and transaction authority, addressing regulatory demands for accountability and governance. Security measures directly correlate to compliance requirements via customer-owned Luna HSMs, multi-party computation, and cross-domain integrations.
Through Fireblocks KeyLink, private keys or key shares are generated, stored, and operated entirely within the customer-owned Luna HSMs. Cryptographic operations occur exclusively in institution-controlled infrastructure. Fireblocks cannot unilaterally sign transactions or move assets; instead, it provides policy enforcement, orchestration, and governance across hot, warm, and cold operational models.
According to Todd Moore, Vice President of Data Security Products at Thales, the adoption of digital assets by financial institutions hinges on established trust foundations. Luna HSMs provided by Thales safeguard and control cryptographic keys essential for ownership and transaction authority. Combined with Fireblocks, institutions can reduce key-exposure risks, enhance governance, and transfer digital value across high-value ecosystems efficiently.
Adam Levine, Senior Vice President and Head of Corporate Development and Partnerships at Fireblocks, highlighted that banks accelerating production deployments and proofs-of-concept need digital asset infrastructure that aligns with governance, audit, and risk principles inherent in traditional financial systems. The expanded partnership enables the deployment of digital asset services using customer-owned, certified hardware trusted by institutions without sacrificing control, compliance, or operational integrity.
Institutional adoption and operational scale
Fireblocks reports that more than 95 banks currently utilize the platform in live environments. The infrastructure manages institutional transaction volumes at a large scale, delivering operational resilience and continuous availability required by regulators for mission-critical financial systems.
Thales manufactures Luna HSMs, which are FIPS 140-2 Level 3 certified devices used by financial institutions for cryptographic key management. These modules operate within bank data centers, providing tamper-resistant hardware for sensitive operations.
