Kaia, the DLT Foundation registered in ADGM in Abu Dhabi UAE has integrated Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain.

As per the press release, the collaboration enables institutions to securely manage and transfer assets on the Kaia blockchain network, offering enhanced capabilities in tokenization, DeFi, and blockchain-based financial products. Fireblocks brings improved operational efficiency, reduced asset management risk, and simplified regulatory compliance to the Kaia blockchain ecosystem.

Kaia utilizes Fireblocks’ institutional-grade digital asset infrastructure for secure asset management, including leveraging Fireblocks’ Multi Party Computation (MPC) wallet technology for distributed private key management and end-to-end security, minimizing hacking risks. Kaia also leverages Fireblocks for extensive digital asset support and its API integration capabilities.

Kaia was formed through the merger of the Klaytn and Finschia blockchains initially developed by Kakao and LINE respectively. It aims to bring Web3 to the fingertips of hundreds of millions across Asia.