Fortress Blockchain Technologies named ‘Web3 Innovator of the Year’ by Fireblocks

The Web3 infrastructure company was honored for its work driving blockchain scalability and adoption at Fireblocks’ Spark 22 digital asset conference

LAS VEGAS, 12 September 2022 /PRNewswire/ — Fortress Blockchain Technologies was honored as Web3 innovator of the year in Barcelona Today. The award was presented by Fireblock’s CEO and co-founder, Michael Shaulov, at their annual user and ecosystem conference, SPARK ’22. Fortress CTO and co-founder, Kevin Lehtiniitty accepted the award on stage at the sold-out event, while also delivering a keynote address on driving web3 adoption titled “Taking NFTs Mainstream”.

Fireblocks is the industry-leading provider of digital asset technology, powering crypto solutions for Revolut, BNY Mellon, Ernst & Young, Checkout.com, BNP Paribas, WorldPay, eToro and more. The Fireblocks Network Awards highlight their most strategic and innovative partners. The Web3 Innovator of the Year award specifically recognizes the partner whose efforts are doing the most to build and operate infrastructure that will allow businesses to unlock the benefits of blockchain and accelerate their Web3 initiatives.

“The work Fortress is doing is integral to the long-term adoption and success of Web3,” said Michael Shaulov, CEO and co-founder of Fireblocks. “They provide the infrastructure to help individuals, businesses, celebrities and entire industries seamlessly transition to blockchain technology without having to sacrifice valuable time, resources or strategy. We are excited to spotlight Fortress’ tremendous work with the Web3 Innovator award for of the year.”

Fortress is known for its work in developing leading-edge infrastructure for the emerging use cases of blockchain technology—namely, an impressive suite of Web2-to-Web3 APIs and “widget” applications that enable companies to rapidly launch and scale at any stage of blockchain adoption . Fortress features include built-in wallets for NFTs and fungible reward tokens; NFT embossing; and integration of key financial services supported by a secure, regulated financial institution, Fortress Trust.

“Being recognized by Fireblocks – the leader in secure storage for digital assets – means a lot and our entire team is deeply honored by this award.” Kevin Lehtiniitty, CTO and co-founder of Fortress stated. “Like Fireblocks, Fortress is working to define and enable the use of Web3. Thank you for watching and sharing our emphasis on industry best practices, future-proofing digital asset businesses and ultimately empowering more companies (and their customers) to benefit of the accessibility, privacy, portability and provenance that blockchain provides.”

This recognition builds on the momentum of an exciting year for Fortress, which recently raised a 22.5 million dollars Seed Round led by Ayon Capital.

About the fortress

Fortress Blockchain Technologies is purpose-built to create the financial, regulatory and technological infrastructure for the rapidly growing Web3 space. This includes built-in NFT and crypto wallets, frictionless minting engines, encrypted vaults for non-public content and financial services for payments, compliance, custody and crypto-liquidity. Fortress’ APIs and services can be viewed www.festning.xyz.

About fire blocks

Fireblocks is an enterprise-grade platform that delivers a secure infrastructure for moving, storing and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based wallet infrastructure. Fireblocks serves over 800 financial institutions, has secured the transfer of over 2 trillion dollars in digital assets, and has a unique insurance that covers assets in storage & transport. For more information, please visit www.fireblocks.com.

SOURCE Fortress Blockchain Technologies

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