In a major step toward mainstream blockchain adoption, XION, a consumer-centric layer 1 blockchain, announced a strategic integration with Fireblocks, a digital asset infrastructure provider trusted by more than 2,000 institutions, including BNY Mellon (NYSE:BK), Galaxy Digital (NASDAQ:GLXY), and Revolut.
“For the first time, everyday people can use what I’m building. And I think whether they want to use what we’re building or want to access the network or participate in the network… just being able to have that choice is the next step in the (mainstream adoption) process,” Anthony Anzalone, founder and CEO of XION, told Investing News Network.
Even though blockchain technology is designed to be transparent in terms of recording transactions, the underlying technology and processes can seem obscure, complicated and hidden behind technical jargon.
XION is a layer 1 blockchain designed to eliminate these barriers. Unlike many blockchains that require users to manage complex wallets, XION offers familiar structures like social logins and credit card payments instead of the cryptic blockchain jargon, making it easier for people and businesses to naturally adopt the technology.
For its part, Fireblocks provides a secure custody and settlement infrastructure used by thousands of institutions around the world. Its platform helps businesses meet compliance and security standards.
For Anzalone, this integration represents a practical step towards the generalization of blockchain.
“For four years, I’ve been trying to say: let’s make crypto usable,” he explained, adding that XION has found that most Web2 companies don’t expose users to the traditional elements of blockchain.
The Fireblocks collaboration creates an app-like onboarding experience by integrating Fireblocks’ custody platform with XION’s zero-wallet, zero-gas blockchain. This eliminates complex setups, seed phrases, and volatile fees, allowing businesses to scale blockchain programs without getting bogged down in technical complexity or regulatory risks.
“You shouldn’t have to know what a portfolio is…For us, we try to meet everyday people where they are, not confuse them with jargon and not make them learn new words that they don’t need to (learn),” Anzalone said.
He also highlighted implications for the blockchain industry beyond the focus on decentralized finance, noting that XION and Fireblocks target everyday consumer and enterprise uses such as payments, loyalty programs, gaming, and tokenization. This integration uniquely positions both companies in the competitive landscape, offering a compliant solution that merges traditional financial security with next-generation blockchain capabilities.
Looking ahead, Anzalone expressed optimism about the future of blockchain adoption, highlighting innovations such as wallet-less blockchains and zero-knowledge proof technologies as key accelerators.
“I think speed is everything. People don’t want to wait even three seconds for anything to go live. And we’re trying to make that as fast as possible and verify information as quickly as possible,” he said.
For Anzalone, achieving this level of performance is only the first step; the ultimate challenge is to translate this technical efficiency into true, widespread utility.
“I think providing use cases for crypto will be what allows it to scale. I think the real, real use case for crypto hasn’t been found yet. And I think the catalyst for growth really comes from developing something different, but you have to abstract away all the complexities of crypto in order to actually find it,” he said.
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Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Investing News Network does not guarantee the accuracy or completeness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of Investing News Network and do not constitute investment advice. All readers are encouraged to do their due diligence.
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