Paxos Acquires Fordefi for Advanced Crypto Wallet Tech
Update: 2025-11-25
Description
Paxos, a digital asset infrastructure firm, acquires Fordefi, a crypto wallet startup, for over one hundred million dollars. This strategic move enhances Paxoss custody services, particularly for large institutions entering the digital asset space. Fordefis advanced multi-party computation wallet technology and policy controls will bolster Paxoss offerings. This acquisition trend follows financial firms expanding digital offerings, with Fordefis technology set to power future on-chain applications.
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