Fireblocks expands institutional access to Terra’s DeFi ecosystem

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 decentralized finance (DeFi) access to Terra (LUNA), the second-largest 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.