Coinspeaker
Jan 7, 2026
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Fireblocks Acquires Tres Finance for $130M to Enhance Compliance Tools

Fireblocks Acquires Tres Finance for $130 Million

  • Fireblocks has acquired Tres Finance, an onchain accounting firm, for $130 million in cash and equity.
  • Tres Finance will integrate its accounting, auditing, and reporting tools into Fireblocks' platform.
  • Fireblocks aims to provide a "full spectrum" solution for security and compliance reporting.
  • Integration will offer a unified operating system for digital assets, enhancing treasury management solutions.

US Tax Season and Regulatory Changes

  • The acquisition comes as US organizations prepare tax filings by April amid evolving regulatory standards.
  • The GENIUS Act and changes to SEC and CFTC regulation have led the IRS to update cryptocurrency guidance.
  • Fireblocks plans to enhance its blockchain security tools with audit-ready data for regulatory compliance.

Global Reporting Initiatives

  • The OECD has stressed the end of perceived tax anonymity for crypto assets globally.
  • The Crypto-Asset Reporting Framework (CARF) requires service providers in 48 countries to collect user transaction data for tax authorities.