WazirX adopts Fireblocks tech to tighten crypto security

WazirX has integrated Fireblocks' technology as it tightens custody and operational controls across its crypto exchange platform.

The companies said the integration covers digital asset custody and transaction governance, alongside tools used for settlement, trading operations, and stablecoin payments. WazirX said the move forms part of an ongoing effort to strengthen security as the platform develops.

Fireblocks said it works with more than 2,400 institutions across banks, payment providers, stablecoin issuers, exchanges and custodians. The company said its systems have secured the transfer of more than USD $10 trillion in digital assets.

Custody controls

WazirX said it will use Fireblocks' multi-party computation, or MPC, wallet infrastructure for digital asset custody. The companies said the approach removes single points of compromise. They said it increases protection for assets held on the platform.

WazirX also pointed to changes in access controls and transaction approvals. The companies said the integration strengthens controls over who can initiate and approve transfers.

"Security and asset safety remain a top priority at WazirX. We are continuously reviewing and strengthening our systems to reduce risk and improve resilience as the platform evolves," said Nischal Shetty, Founder, WazirX.

WazirX said the integration will change how assets are stored and protected on the platform. The exchange said it expects tighter controls around access management and transaction approval workflows.

Risk policies

The companies said WazirX will use transaction policies and approval rules within the Fireblocks platform. They described the setup as granular governance controls across activity on the exchange. They said this adds safeguards against unauthorised or anomalous transactions.

Such policy-driven controls have become more common across exchanges and custodians as the sector faces persistent threats from account compromise, insider risk, and operational errors. Exchanges have also faced greater scrutiny from users and counterparties over how they hold and move client assets.

WazirX said the integration also includes real-time transaction monitoring and policy enforcement. The companies said these features support scalable operations and improve operational resilience.

Fireblocks positions its platform around secure custody and transfer of digital assets. Its product set also covers settlement workflows, trading operations and stablecoin payments, according to the companies.

Platform context

WazirX said it has more than 16 million registered users. The platform offers trading in cryptocurrencies including Bitcoin, Ethereum, Solana and Ripple, according to the company.

The exchange said it charges INR 99 a month and does not charge trading fees. WazirX described the pricing as a subscription model for trading access.

WazirX also cited a relationship with BitGo alongside the Fireblocks integration. The company described both as part of its security approach for digital assets on the platform.

Fireblocks and WazirX did not disclose commercial terms for the integration. The companies also did not set out a timeline for additional blockchain support tied to the change.

The integration puts WazirX among a growing list of exchanges using third-party custody and transaction governance tooling. Fireblocks said its customer base spans banks, payment providers, stablecoin issuers, exchanges and custodians, and it expects continued adoption as firms standardise controls over digital asset movement.