Fireblocks records $100M+ revenue in subscriptions amid bear market By Cointelegraph

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Fireblocks records $100M+ revenue in subscriptions amid bear market

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.