TON Foundation has partnered with Fireblocks and DWF Labs, as announced on TON's official X account. The collaboration aims to introduce secure and advanced direct custody technology to the public, enhancing accessibility and safety in the Web3 environment.

By integrating with Fireblocks, TON aims to enhance security and enable more DeFi integrations. Additionally, DWF Labs will bridge the gap between Fireblocks' enterprise-grade services and TON's retail-centric ecosystem, fostering the creation of a Web3 ecosystem conducive to mainstream adoption.

As part of the collaboration, Fireblocks will integrate the TON blockchain and Toncoin into its platform, providing the TON ecosystem with access to advanced digital asset security. TON Foundation remains committed to its goal of making cryptocurrency accessible to over 500 million users within the next five years by leveraging Fireblocks' MPC-CMP technology. This algorithm streamlines virtual asset transactions, enabling quick transaction signing speeds.

The partnership between TON and Fireblocks builds on Fireblocks' successful track record with L1 networks, aiming to replicate and exceed previous achievements. Through cross-chain interoperability and additional real-world use cases for Toncoin, the collaboration seeks to offer developers and users complete Fireblocks integrations.