Obligate and Fireblocks Collaborate to Advance Secure On-Chain Capital Markets

Obligate AG, a Swiss provider of regulated, blockchain-based infrastructure for next-generation capital markets, today announced a strategic integration with Fireblocks, the enterprise platform securing more than $5 trillion in digital asset transfers annually The collaboration brings together Obligate’s asset operating system (AssetOS), enabling the native onchain issuance of debt instruments with Fireblocks’ institutional security and governance capabilities to support the continued growth of digital debt markets.

The integration serves institutions that seek exposure to tokenized real-world assets while maintaining stringent risk, compliance, and security standards. By aligning Obligate’s regulated issuance framework with Fireblocks’ Multi-Party Computation (MPC)-based security model and governance best practices, the two companies intend to promote robust operational standards for participants in onchain capital markets without requiring deep technical changes to existing systems.

“This collaboration marks an important step in maturing the infrastructure around digital assets. Obligate focuses on providing a regulated, efficient venue for natively on-chain real-world asset issuance, while Fireblocks has set benchmarks in institutional security and governance for digital assets. By working together, we give institutional clients greater confidence that they can scale activity in tokenized capital markets within a familiar risk and control environment.” — Matthias Wyss, CEO of Obligate AG.

Obligate and Fireblocks will work together to set new operational standards and integration pathways that make institutional access to tokenized capital markets both secure and seamless. The collaboration will focus on:

• Delivering Obligate’s institutional-grade yield products to Fireblocks’ global network of customers through direct integration.
• Implementing robust security models for managing tokenized debt instruments, leveraging Fireblocks’ MPC-based key management technology.
• Establishing governance and control frameworks that meet institutional requirements for approval workflows, segregation of duties, and audit transparency.

The collaboration comes at a time when tokenization is moving from experimentation to real-world deployment in capital markets. An Ark Invest Industry analysis indicates that tokenized financial assets could approach USD 11 trillion in value by 2030, driven by efficiency gains, faster settlement, and broader access to market infrastructure. Against this backdrop, institutions are increasingly prioritizing solutions that combine regulatory rigor with robust security and risk management practices.

By joining forces, Obligate and Fireblocks seek to make it easier for issuers, investors, and intermediaries to participate in onchain capital markets using frameworks that are compatible with institutional standards. The integration enablesFireblocks users to access tokenized real-world assets in a secure way while aligning regulatory, governance, and compliance expectations.

About Obligate AG

Obligate AG is a Swiss-based provider of blockchain-based capital markets infrastructure, offering a secure, transparent, and regulatory-compliant platform for the issuance, trading, and lifecycle management of debt instruments natively on the blockchain. Through its proprietary eNotes, recognised as ledger-based securities under advanced DLT legislation, Obligate enables issuers to access multilateral financing while meeting institutional standards for enforceability and risk management. Obligate is a member of VQF, a Swiss FINMA-regulated AML SRO, and operates as a financial intermediary under the Swiss Anti-Money Laundering Act.