Ripple's Brad Garlinghouse recently declared that Fortress Trust's Purcell had "built an impressive business with recurring revenue and a strong roster of both crypto-native and new-to-crypto customers."
The move to appoint a receivership of Prime Trust was to help the firm determine what's best for its clients—a return to private management or complete liquidation of the company.
Fireblock now brings its security services to five of the biggest names in the crypto world.
Fireblocks has a lot more money now to build products that protect digital transactions and make them faster.
