CiNKO Digital Wallet Integrates Fireblocks to Enhance Digital Asset Security

(San Jose, Costa Rica – October 12, 2023) – CiNKO, the global, digital payments wallet, today announced that it has integrated Fireblocks, an enterprise digital asset operations platform, to further enhance security and reduce the risk associated with managing and storing digital assets in an industry that continues to rapidly grow and evolve.    

CiNKO is quickly becoming a global leader in digital finance, providing advanced solutions that enable individuals throughout Latin America to easily participate in the digital economy and oversee their financial transactions through its wallet. Committed to both security and innovation, CiNKO has selected Fireblocks to help enhance protection and user accessibility.

"Fireblocks provides a user-friendly interface for managing the many challenges associated with custody, treasury management, interactions with counterparties, and governance in the digital asset ecosystem. The solutions are flexible and integrate seamlessly with exchanges, banking platforms, network participants, and Decentralized Finance,” says Richard Douglas, Co-founder and CEO of CiNKO. “Working with Fireblocks provides a platform for innovation, bridging emerging technologies with traditional finance, allowing us to build solutions that will benefit our customers and provide the security and transparency required by regulators and other stakeholders."

“The Fireblocks platform was created to support innovative companies like CiNKO that leverage blockchain technology to create greater efficiencies in the payments space,” said Ran Goldi, SVP and Head of Payments at Fireblocks. “CiNKO’s user-friendly tools and interface provides easy accessibility. In combination with Fireblocks’ infrastructure, clients can be assured that their transactions are safe and secure as their funds move around the world.”

Fireblocks has gained a reputation for its innovative technology that secures the entire digital asset lifecycle, from onboarding to storage and offloading. Fireblocks’ defense-in-depth architecture combines MPC-CMP and hardware security to eliminate single point of compromise and create a secure environment for storing, issuing, and transferring digital assets.

Through this collaboration, CiNKO will reinforce trust among its users for cross-border payments and payout distributions through traditional rails and stablecoins while continuing to make digital payments more convenient and user-friendly, thereby accelerating the adoption of digital financial services in the region.

The CiNKO platform is currently available in the Google Play store and Apple App make informed decisions and stay ahead in the rapidly evolving crypto landscape.

The CiNKO wallet is currently available in the Google Play store and Apple App store.