Fireblocks Brings Onchain Yield to 2,400+ Enterprise Customers with Morpho
TLDR: With the integration into Fireblocks Earn, Morpho helps Fireblocks evolve from an operational infrastructure to a capital infrastructure with built-in access to onchain yield.
Fireblocks processes over $200B in stablecoin transactions every month across 300+ banks, 1,500+ fintechs, 200+ exchanges, 40+ PSPs, and 30+ trading firms. Until now, these stablecoins sat idle between settlement windows and deployment cycles, largely because the infrastructure to put them to work didn’t exist inside the governance platforms institutions already operate on.
Yield where institutions already operate
Fireblocks Earn gives institutional users access to Morpho Vaults directly from within the Fireblocks platform. Users can deposit stablecoins into vaults curated by institutional-grade asset curators (Sentora at launch and more to follow) all within the same custody, governance, approval, and security frameworks they already rely on.
There is no separate DeFi workflow to adopt. No new platform to onboard to. Morpho is embedded into the infrastructure institutions use every day, turning stablecoin balances from idle capital into yield-generating positions without adding operational complexity.
From custody platform to capital infrastructure
Fireblocks built its business on securing and moving digital assets. Morpho extends what Fireblocks can offer its clients: not just custody, execution, and treasury operations, but yield on the capital that flows through those systems.
The integration spans both layers of the Fireblocks platform. At the institutional custody layer, corporate treasuries can put idle stablecoin balances to work. At the embedded wallet layer, Fireblocks’ clients can build yield directly into the applications and products they offer their own end users.
Morpho Vaults: the institutional standard for onchain lending
Access to onchain lending is shifting from direct protocol interaction to curated vault access, and Morpho Vaults are at the center of that shift.
Following integrations with Anchorage Digital and Taurus, Fireblocks now brings Morpho’s vault and curator model to thousands of new institutional users.
The pattern is clear: custody providers are building embedded access to Morpho Vaults for their institutional and enterprise users, who can participate in onchain lending through existing custody infrastructure. Vaults curated by firms like Sentora give users access to professionally curated yield within Morpho’s noncustodial, permissionless infrastructure.