Circle’s Arc Blockchain to Launch with Institutional Access via Fireblocks

Circle’s new blockchain, Arc, is set to debut with institutional access through a partnership with Fireblocks. The platform for digital asset custody and tokenization will provide banks, asset managers, and fintech firms with ready integration upon the network’s launch later this year. While still in its initial stages of development, Circle plans to release a public testnet this fall before a full launch by the end of the year. Fireblocks is preparing comprehensive custody and compliance support for Arc users. 120 blockchains are supported by their platform.