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A Paris-based fintech firm has chosen a $10 trillion transaction-processing digital assets infrastructure giant to deliver one of the key components for its platform. The French company is in the final stages of launching a new payment ecosystem powered by its proprietary regulated EUR-pegged stablecoin.
PARIS (May, 19) —- The French-based fintech Next Generation NGPES has chosen Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, to deliver a key component for its platform.
The French company is in the final stages of launching a comprehensive payment ecosystem aimed at bridging traditional finance (TradFi) and digital finance through a unified solution.
The kernel of the payment ecosystem will be a new, fully MiCA-compliant stablecoin, pegged to the EUR.
Fireblocks—a platform serving over 2,000 institutions and securing over 300 million digital wallets—has provided Next Generation with a secure infrastructure for managing crypto wallets and crypto transaction workflows, as well as streamlining all digital asset activities.
As a result, Fireblocks’ custody technology now serves as an important component of the French firm’s IT infrastructure, safeguarding digital asset operations, including wallet security, cryptographic key management, and transaction flows.
“Next Generation is launching an innovative platform that features the core advantages of blockchain technology: speed, costs efficiency, and transparency. Our clients will experience the benefits of managing both digital assets and traditional finance within a unified ecosystem,” said Frank Combay, COO of NGPES.
“We are excited to leverage Fireblocks’ battle-tested infrastructure and integrate its custody technology into our platform, insuring enterprise-grade security and reliability, particularly for critical payment processing operations. By leveraging tools from an industry-leading digital assets infrastructure company, we enhance our platform’s capabilities while reinforcing our commitment to delivering cutting-edge, secure services.”
Mr. Combay highlighted that the Next Generation platform will incorporate an IBAN-integrated digital wallet as one of the central features.
“The implementation of Fireblocks’ robust solution will serve as an important safeguard, ensuring transactional integrity and elevating the platform’s technical sophistication.”
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