Investors in the Fireblocks’ Early Access Program put up close to $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live.
Fireblocks, a digital asset custody platform, announced that it has enabled institutional DeFi access to Terra (LUNA), the second-largest decentralized finance (DeFi) protocol by total value locked (TVL). As per the announcement, Fireblocks users can now securely access all the decentralized applications (DApps) built on the Terra blockchain.The launch is in response to Fireblocks’ Early Access Program users, who invested over $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live. According to Michael Shaulov, CEO of Fireblocks, institutional demand for DeFi is only continuing to grow, adding that:“As their appetite expands, so will their desire to be able to access all of the latest and greatest innovations across
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