Registry

Does Fireblocks support Israel?

Support documentedupdated 2026-07-30

Yes — Fireblocks has documented support for Israel on record. Every claim below links to its source.

Filed under: Tech companies · Banks & financial companies · Companies that support Israel

Background

Fireblocks is often described loosely as 'an Israeli crypto company,' and the shorthand hides a structure worth stating precisely. The firm was founded in 2018 by three Israelis, its management and main research-and-development centre are in Tel Aviv, and Hebrew-language sources treat it as an Israeli private company; at the same time its commercial headquarters, and the sales organisation that serves banks and financial institutions, have been in New York since 2019, which is why international outlets call it New York-based. Both are true. Founders' personal biographies — their earlier careers in Israeli cybersecurity, or any military service — are biography, not corporate acts, and are not recorded here as support; the widely repeated claim that all three are Unit 8200 alumni could not be confirmed against a reliable source and is therefore omitted. The one clearly documented wartime action is institutional and narrow: in the first days after 7 October 2023 Fireblocks provided and managed the custody wallet behind Crypto Aid Israel, the Israeli crypto sector's emergency fund for displaced civilians, and a company executive spoke publicly in support of the effort. Because Fireblocks is private, it publishes no annual giving report, files no US Form 990 for a corporate foundation and discloses no charitable spending, so the absence of further documented donations is a limit of the public record rather than proof that none exist. Fireblocks does not appear on the BDS movement's named consumer-boycott or corporate priority target lists.

Ynet — הכירו את פיירבלוקס DL News — Fireblocks and Israel's web3 sector launch crypto donation wallet BDS Movement — Guide to BDS Boycott (named targets)

Timeline of documented support

2019202020212022202320242018-06 — Operations in Israel: Israeli economy — Tel Aviv research and development centre, employment and tax baseOperations in Israel2018-062023-10 — In-kind support: Crypto Aid Israel — humanitarian fund for Israeli civilians displaced by the war that began on 7 October 2023In-kind support2023-10

Documented support

TypeDateAmountRecipientSources
Operations in Israel2018-06—Israeli economy — Tel Aviv research and development centre, employment and tax base
Fireblocks is a privately held digital-asset custody and blockchain-infrastructure company founded in June 2018 by three Israeli entrepreneurs — Michael Shaulov (CEO), Pavel Berengoltz (CTO) and Idan Ofrat (CPO) — who, by the company's own account, met while working at the Israeli cybersecurity firm Check Point and taking part in the task force that investigated the 2017 Lazarus Group theft of about $200 million in bitcoin from South Korean exchanges. Attribution note: the corporate structure is deliberately split. Its commercial headquarters and finance-industry sales operation are in New York, opened at the start of 2019, while the founders told Ynet in April 2021 that 'the company's management and R&D centre' sit in Tel Aviv — a centre then employing about 70 people that they planned to nearly double that year. The Hebrew Wikipedia entry lists Tel Aviv as the company's head office and classifies it as an Israeli private fintech company; international crypto press such as Forkast describes it as 'New York-based.' Both descriptions are accurate for different parts of the same firm. The company is venture-backed rather than listed: it raised $310 million at a $2.2 billion valuation in July 2021 and $550 million at an $8 billion valuation in January 2022. This entry records the Israeli operational footprint itself, not any political act.
In-kind support2023-10-09—Crypto Aid Israel — humanitarian fund for Israeli civilians displaced by the war that began on 7 October 2023
Two days after the 7 October 2023 attack, Fireblocks was named as one of the launching organisations of Crypto Aid Israel, an emergency fund set up by Israel's crypto and web3 sector to raise money for Israeli civilians who were displaced or in need of humanitarian aid. The company's specific contribution was infrastructure rather than cash: Fireblocks supplied and managed the custody wallet holding the donated assets — a multi-signature wallet accepting bitcoin, ether and the dollar-linked stablecoins USDT and USDC, under a policy requiring at least four of seven signatories to move funds out. Ran Goldi, then Fireblocks' senior vice president and head of payments, told DL News that 'we have seen in the past that crypto is one of the most direct ways to provide aid to those most in need,' and said the firm was helping support efforts on the ground to provide 'food, shelter, or other necessities.' Other launch participants named in the coverage included MarketAcross, Collider Ventures, CryptoJungle, Bits of Gold, 42Studio, Nilos, Efficient Frontier, Ironblocks and the Israel Blockchain Association; DL News reported that several of those other firms were also making cash donations. Attribution note: the reporting credits Fireblocks with the wallet and custody layer, not with a disclosed corporate cash donation, and no amount attributable to Fireblocks was published. The fund's stated purpose was civilian humanitarian relief, not military support.

Frequently asked questions

Did Fireblocks donate money to Israel or Israeli causes?

We have no records of cash donations, but Fireblocks has documented support of other kinds (Operations in Israel, In-kind support). See the records on this page.

Where does this information come from?

Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 7 distinct sources are cited for Fireblocks. Our methodology page explains the full verification process.

Sources & citations

Record last updated: 2026-07-30

Companies with documented support