Web3 infrastructure provider Fireblocks has announced that it has obtained a New York State cryptocurrency custody license, allowing it to manage cryptocurrencies for American customers. As of this month, Fireblocks Trust Company, LLC has received a limited purpose trust charter to conduct virtual currency business and plans to soon start offering cold storage solutions supported by its technology to American customers. This move positions Fireblocks alongside institutions such as Coinbase Custody Trust, Fidelity Digital Asset Services, and PayPal Digital, all of which have been authorized by the New York Department of Financial Services to hold assets.