Midnight Foundation, an organization dedicated to moving forward with the privacy-centric blockchain, Midnight Network, has announced a strategic integration with Fireblocks, an enterprise platform for secure digital asset management, payments, trading operations and Stablecoin payments.
Provides agency custody for Fireblocks $night Token. This enhances transactions and smart contracts in the middle of the night. This is a privacy-first blockchain. The integration supports $NIGHT billing during glacier drops. This is a fundamentally fair polymorphic token distribution to users of the eight major blockchain ecosystems. The integration ensures secure, compliant onboarding for businesses while encouraging institutional access to privacy-enabled Web3 infrastructure.
As part of the collaboration, FireBlocks will support the custody of $Night’s institutions, a utility token for Midnight Network, which is launched as a Cardano native asset. This allows FireBlocks clients to securely bill, store, and interact with $Night Tokens as part of Glacier Drop, a Midnight multi-phase airdrop designed to distribute 100% of their token supply to participants in eight major blockchain ecosystems.
Glacier Drop aims to make token distribution as fair and transparent as possible. During the first phase, users who hold tokens eligible for one of the eight major blockchains (including Cardano, Ethereum, and Bitcoin) can charge $Night Tokens. Future phases open the door to wider participation and community engagement, but built-in protections will help prevent abuse and ensure long-term alignment with network goals. Fireblocks helps institutional clients securely claim and manage tokens, making it easier for them to participate in the midnight ecosystem.
“Supporting glacial drops is consistent with our mission to enable secure institutional participation in the new blockchain ecosystem,” said Ezra Solomon, senior manager of corporate strategy at Fireblocks. “We believe in our midnight vision and are proud to enable a safer, privacy-based future for blockchain.”
Midnight is a privacy-first blockchain that leverages proof of zero knowledge to enable selective disclosure, allowing transactions and smart contracts to remain private yet auditable. This architecture allows developers to build hybrid distributed applications (DAPPs) that allow users to control exactly what data is being shared.
By combining trustworthy custody with this privacy-first infrastructure, this partnership strengthens the bridge between traditional finance and decentralized innovation. As more institutional players have secure access to tools like midnight, the path to mainstream digital asset adoption is clearer and rooted in real-world utilities that are compliant, transparent and meaningful.
“This collaboration marks a major step forward in expanding institutional access to privacy-providing infrastructure,” said Fami Said, president of the Midnight Foundation. “With Fireblocks’ global reputation, technical capabilities and reliable custody infrastructure, they are ideal partners that help to provide reasonable privacy of scale.”
Midnight Foundation
The Midnight Foundation is an organization dedicated to developing, adopting, and driving real-world impact on Midnight Network, a privacy-enhancing blockchain project developed in conjunction with Shielded Technologies. Designed for smart contracts that enable privacy, Midnight encourages developers to consider the power to build compliant applications with selective disclosure. It offers a powerful combination of rational privacy, security and decentralization, leveraging $$night as a utility token and $night as a utility resource.
For more information, please visit https://midnight.foundation
The Post Midnight Foundation has partnered with FireBlocks to expand institutional access to Web3.
