Fireblocks records $100M+ revenue in subscriptions amid bear market
Cointelegraph
Published Sep 12, 2022 03:37AM ET
Updated Sep 12, 2022 05:20AM ET
Fireblocks, a New York-based blockchain security service provider, made over $100 million in Annual Recurring Revenue (ARR) this year, confirming the rising interest in the crypto ecosystem that contradicts negative investor sentiments.
ARR relates to the recurring revenue earned by a company based on subscriptions. As a software-as-a-service provider, Fireblocks witnessed overwhelming interest in decentralized finance, blockchain and Web3 technologies.
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Written By: Cointelegraph
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