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Paxos Acquires Fordefi to Enhance Institutional Crypto Custody Infrastructure

Paxos strengthens its blockchain infrastructure by acquiring Fordefi, a multi-party computation (MPC) wallet technology provider trusted by nearly 300 global institutions. Paxos has announced the acquisition of Fordefi,...

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Paxos Acquires Fordefi to Enhance Institutional Crypto Custody Infrastructure
Paxos strengthens its blockchain infrastructure by acquiring Fordefi, a multi-party computation (MPC) wallet technology provider trusted by nearly 300 global institutions. Paxos has announced the acquisition of Fordefi, a New York and Tel Aviv-based institutional-grade custody and wallet technology company. The strategic move combines Paxos’ regulated blockchain infrastructure expertise with Fordefi’s advanced multi-party computation wallet […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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