Coincover partners with Fireblocks for enhanced institutional-grade private key management

Digital asset protection technology company Coincover has announced a new partnership with blockchain specialists Fireblocks. The partnership provides Fireblocks customers with a secure alternative for key backup and disaster recovery to ensure that users have access to and are in control of their assets at all times.

Fireblocks requires all customers to either: independently backup their keys; engage the disaster recovery services of a third-party service provider, such as Coincover; or use a combination of self storage and thirdparty disaster recovery service for added redundancy and recoverability.

“For Fireblocks, having full control over one’s assets is firmly at the core of our principles. A major part of that includes our customers’ ability to recover their own private keys,” said Adam Levine, Vice President and Head of Corporate Strategy at

Fireblocks. “Our partnership with Coincover provides our customers with an additional layer of security in the event that our customers lose access to all their key shares.”

Oliver Cummings, Strategy & Partnerships Director at Coincover added: “It’s no secret that losing access to assets is the most pressing threat to crypto adoption; our research revealed that almost 65% of people are worried about the rise of crypto fraud. Recent events in the digital asset market have shaken the trust and confidence of both retail investors and institutions to the core. We believe that crypto security and investor protection in digital assets hold the key to market recovery.

“The industry needs to build more security into every facet of its operations to prevent these instances of digital theft and instil confidence in the market again.” over 10 employees and over 20 employees), Health and Wellbeing of Employees, Community Business Award, Manchester Business Award, Outstanding Customer Service, New Business of the Year, Hospitality, Tourism and Leisure of the Year, and Entrepreneur of the Year. Full details are on our website gmba.co.uk.

“We are also very excited to announce our charity for this year, Manchester Mind.” Joanna Huddart at Manchester Mind said, “We are honoured to be the chosen charity to benefit from this year’s inspiring Greater Manchester Business Awards.

“The evening will raise essential funds in aid of our local mental health services and share a positive message regarding workplace wellbeing.”

Entries are now open and close on Friday 26 May. The shortlist will be announced on Monday 5 June. Video interviews are then completed for all finalists, and winners announced at the gala black-tie awards event at Hotel Brooklyn on Friday 1 September.