News Room
M^0 Integrates with Fireblocks to Enhance Security and Efficiency
Integration to Benefit Cryptodollar Minters on M^0 Network
[Berlin] – M^0 Labs, the software house supporting a decentralized infrastructure layer for the issuance of cryptodollar assets, today announced its integration of Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, into its cryptodollar Minter Module. The integration enables Minters on the M^0 federation to utilize their own Fireblocks wallets and approval workflows when interacting with the M^0 infrastructure, while simultaneously enhancing operational security and efficiency for Minters.
The off-chain tech stack developed by M^0 Labs allows Minters to easily interact with the M^0 protocol and collaborate with other ecosystem actors, such as Validators. In these activities, Minters use their private keys to update collateral balances, propose and execute mint transactions, retrieve and burn existing cryptodollars, and transfer minted assets. For these sensitive operations, the M^0 Labs off-chain software allows Minters to leverage their existing Fireblocks key custody and policies, enabling them to continue using their established security measures. The M^0 Labs stack integrates with Fireblocks APIs to build seamless flows for end users.
"We are happy to seamlessly integrate Fireblocks into our cryptodollar Minter Module, greatly improving the security and efficiency of the core business processes for members of our network,” said Stefan Kleff, M^0 Labs Co-CTO. “Allowing Minters to utilize their existing Fireblocks wallets and approval workflows ensures a seamless experience that follows industry best practices. This integration reflects our dedication to delivering robust, secure, and user-friendly solutions to our federation members."
"We are proud to support M^0 in their groundbreaking work on cryptodollar issuance. Through the integration of our secure wallet and policy management solutions with the M^0 infrastructure, we enable Minters to achieve the highest levels of security and efficiency,” added Stephen Richardson, Managing Director, Financial Markets at Fireblocks. “Working with M^0 exemplifies our dedication to providing trusted and comprehensive security solutions within the digital asset ecosystem."
M^0 Labs is committed to expanding support for additional top-tier key custody and policy management solutions, providing the market with diverse options. Looking ahead, M^0 aims to draw various crypto-centric platforms, financial service providers, and stablecoin providers to join the federation. This initiative will empower these entities to seamlessly integrate their current key management systems with the M^0 infrastructure.
To learn more about M^0 and stay up-to-date on the latest developments, visit m0.org and follow along on X.
About M^0 Ecosystem
M^0 is money middleware for the digital age. It is a decentralized, on-chain protocol, as well as a corresponding set of off-chain standards and APIs, that powers a federation of stablecoin issuers. With M^0, any number of independent institutions can tap on turnkey middleware to become the minter of a fungible stablecoin.
