Moomoo Navigates Singapore's Crypto Regulations with Fireblocks' Institutional-Grade Security

Moomoo Financial Singapore Pte. Ltd. has announced a strategic integration with Fireblocks' Wallets-as-a-Service (WaaS) infrastructure to bolster its digital asset offerings, positioning the platform to expand securely within Singapore's evolving regulatory landscape. The partnership, slated for completion by late 2025, will connect Moomoo Singapore to the Fireblocks Network-a secure connectivity layer linking over 2,400 institutions, including exchanges, banks, and liquidity providers. This move aims to enhance scalability, security, and liquidity for Moomoo's growing user base, which surpassed 1.5 million in July 2025 .

The integration leverages Fireblocks' WaaS, which combines multi-party computation (MPC) cryptography with secure hardware to mitigate risks such as internal collusion, human error, and cyberattacks. For Moomoo users, the technology promises instant wallet creation, faster transaction execution, and institutional-grade custody solutions. Fireblocks' network has already facilitated over $10 trillion in cumulative transaction volume, spanning stablecoin payments, trading, and tokenization .

Moomoo Singapore operates under Capital Markets Services and Major Payment Institution licenses from the Monetary Authority of Singapore (MAS), aligning the partnership with the city-state's stringent regulatory framework. The collaboration enables Moomoo to access a broader liquidity pool and improved pricing, critical in a market where competition among crypto platforms is intensifying. Amy Zhang, Head of APAC at Fireblocks, emphasized that the integration "allows Moomoo to innovate and scale with confidence," a necessity as global regulators refine crypto rules .

Singapore's regulatory environment has grown more complex in 2025, with the Financial Services and Markets Act (FSMA) imposing strict licensing requirements for cross-border digital asset services. Fireblocks' infrastructure supports Moomoo's compliance with these standards, ensuring secure operations while addressing MAS priorities such as anti-money laundering (AML) and consumer protection .

Echo Zhao, Country Head of Moomoo Singapore, highlighted the partnership's role in democratizing access to digital assets. "By integrating new capabilities, we empower everyday investors with more choice and confidence," Zhao said, noting that the collaboration strengthens Singapore's financial ecosystem. For institutional players, the Fireblocks Network offers seamless connectivity to liquidity providers, enhancing settlement efficiency and reducing operational friction .

The partnership also reflects a broader trend of institutional-grade infrastructure adoption in retail crypto platforms. Fireblocks' clients include BNY Mellon, Worldpay, and Revolut, underscoring the technology's credibility. Moomoo's adoption of similar tools positions it to compete with established players like DBS Bank and Fidelity, which have also prioritized secure custody solutions .

As retail participation in crypto markets rises, demand for robust infrastructure has surged. Moomoo's integration with Fireblocks addresses this need, particularly in Singapore, where 2025 regulations have heightened compliance expectations. However, the MAS's recent decision to limit Digital Token Service Provider (DTSP) licenses-issuing them only in "extremely limited circumstances"-has prompted some firms to relocate operations to jurisdictions like Panama and Dubai . Moomoo's adherence to MAS guidelines, meanwhile, reinforces its legitimacy in a market where trust is paramount.

The partnership is expected to benefit major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) by improving liquidity and reducing execution delays. Analysts note that similar integrations have historically boosted user confidence and trading volumes, particularly during periods of market volatility .

[1] Moomoo to Integrate Fireblocks Wallets to Expand Crypto Services in Singapore (https://www.crowdfundinsider.com/2025/10/254407-moomoo-to-integrate-fireblocks-wallets-to-expand-crypto-services-in-singapore/)

[2] Fireblocks to Power Moomoo Singapore in Scaling Digital Asset Services (https://www.prnewswire.com/news-releases/fireblocks-to-power-moomoo-singapore-in-scaling-digital-asset-services-302578745.html)

[3] Fireblocks' Wallets-as-a-Service Integration Positions Moomoo Singapore for Growth (https://financefeeds.com/fireblocks-to-power-moomoo-singapores-expansion-in-digital-assets/)

[4] Singapore's Regulatory Framework for Digital Assets (https://www.signzy.com/blogs/singapore-cryptocurrency-regulations)

[5] Moomoo Enhances Security with Fireblocks Integration (https://www.kanalcoin.com/moomoo-fireblocks-crypto-singapore/)

[6] Institutional-Grade Security for Retail Crypto Markets (https://www.tmcnet.com/usubmit/2025/10/08/10268108.htm)

[7] Singapore's Licensing Clampdown and Crypto Exodus (https://cointelegraph.com/explained/break-singapores-new-crypto-rules-and-you-could-face-200k-fine-or-jail)

[8] Impact of Enterprise-Grade Infrastructure on Crypto Markets (https://www.kanalcoin.com/moomoo-partners-fireblocks-singapore-crypto/)