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Solana and Fireblocks build treasury infrastructure

Solana and Fireblocks have partnered to provide an institutional-grade treasury operating system designed for high-speed, low-cost enterprise payments.

by Defused News Writer Jamie Ashcroft
Solana and Fireblocks build treasury infrastructure
Photo by GuerrillaBuzz / Unsplash

Solana and Fireblocks have partnered to provide an institutional treasury operating system that processes payments at internet speed while retaining enterprise controls.

The Solana Foundation, in an announcement, said the collaboration pairs Solana's performance layer with Fireblocks' enterprise control layer.

The foundation cited Solana metrics of 1,295 TPS with 400ms slot times, a $15.7 billion stablecoin hub with 300%+ year-on-year growth, sub-cent transaction costs that remain stable during twofold traffic spikes, and 24/7 availability.

The foundation said Fireblocks supplies native program calls for real-time transaction transparency and policy enforcement, gasless transactions to centralise fee management and avoid wallet pre-funding, and a tokenization engine to issue Solana-based tokens with compliance and privacy controls.

Referencing an October 10, 2024 stress test, the Solana Foundation said $19.5 billion was liquidated across markets and roughly $1 trillion in market capitalisation was wiped while competitors paused or faced high fees.

The foundation said validators processed 100,000 TPS of inbound traffic, sustained 6,000–10,000 TPS, preserved 400ms block times, maintained sub-penny median fees, operated across 800+ validators without failures, and sustained uninterrupted enterprise payments.

The Solana Foundation said organisations can build enterprise treasury operations on the integrated infrastructure and start processing payments at sub-cent costs with continuous availability.

The Recap

  • Solana and Fireblocks launched institutional-grade treasury operating infrastructure.
  • Stablecoin hub holds $15.7 billion with 300%+ year-on-year growth.
  • Enterprises can start processing payments at sub-cent costs.
by Defused News Writer Jamie Ashcroft

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