In brief

• Blockchain infrastructure firm Fireblocks is buying TRES Finance to add accounting and reconciliation to its platform.
• The move targets enterprises running stablecoin and treasury flows on-chain at scale.
• The acquisition reflects growing demand for audit-ready crypto operations.

Fireblocks, a blockchain infrastructure company focused on digital asset custody and transaction services, has agreed to acquire TRES Finance, a crypto accounting platform that produces standardized financial records from on-chain activity.

While Fireblocks has built its business around custody and transaction infrastructure for exchanges, banks, asset managers, and fintech firms, acquiring TRES appears to address a gap between on-chain transaction data and the accounting, tax, and audit requirements those clients face.

The deal values TRES Finance at about $130 million and was structured as a mix of cash and equity.

"Both crypto-native firms and traditional institutions need clear, accurate accounting and auditability,” Fireblocks CEO Michael Shaulov said in a posted statement, adding that with the acquisition, their customers could “now run both their digital asset operations and get the financial intelligence they need on one secure, compliant, scalable stack."

Michael Shaulov (CEO, @FireblocksHQ):
"Both crypto-native firms and traditional institutions need clear, accurate accounting and auditability. By offering TRES and Fireblocks together, customers can now run both their digital asset operations and get the financial intelligence…

— Fireblocks (@FireblocksHQ) January 7, 2026

TRES Finance converts blockchain activity into structured financial records that integrate with enterprise systems such as general ledgers and ERP software. Its tools are used by crypto firms and regulated institutions to track balances, flows, and exposures across multiple wallets, blockchains, and custodians.

Incorporating those capabilities would allow Fireblocks to offer accounting and reconciliation alongside its existing custody and transaction services.

Still, an integration also carries risk, particularly in terms of execution.

“As firms scale digital asset operations, there is growing pressure to collapse the time and coordination required across custody, execution, reconciliation, and reporting,” Wesley Crooks, CEO of blockchain engineering firm FP Block, told Decrypt.

Integrated platforms “can materially simplify portfolio management,” he added. Yet integration also shifts risks instead of eliminating those outright, he explained.