CoinOtag
2025-11-25 18:20:11

Paxos Acquires DeFi Wallet Firm Fordefi for Over $100 Million

Paxos has acquired the DeFi wallet startup Fordefi for more than $100 million to enhance its blockchain infrastructure with secure, institutional-grade custody solutions. This move integrates Fordefi's multi-party computation technology into Paxos's regulated stablecoin ecosystem, providing safer DeFi access for enterprise clients. Paxos acquisition of Fordefi strengthens DeFi capabilities with advanced wallet security. The deal, [...]

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