Fordefi

Overview

Fordefi is an institutional-grade MPC (Multi-Party Computation) wallet and security platform purpose-built for Web3 institutions. The company provides comprehensive digital asset management infrastructure that enables organizations to securely self-custody private keys while seamlessly interacting with decentralized finance protocols across multiple blockchains. Being acquired by Paxos in 2024-2025, Fordefi has established itself as a trusted solution for crypto funds, trading firms, market makers, and Web3 companies managing significant digital asset operations.

Core Products and Services

MPC Wallet Platform

Fordefi's flagship institutional MPC wallet platform serves as the foundation for secure digital asset operations. The platform eliminates single points of failure through distributed key management, uses isolated hardware and biometric authentication, and provides enterprise-grade performance with 99.9% uptime guarantee. The architecture is designed to handle millions of dollars in daily transaction volume while maintaining institutional security standards.

Wallet-as-a-Service

The Wallet API and MPC SDK enable developers and organizations to create instant self-custodial wallets at scale, mint and manage tokens and NFTs, deploy smart contracts, and automate transaction signing and approvals - all with institutional-grade security built-in.

DeFi Trading Operations

Fordefi enables trading desks and investment teams to interact with any dApp and execute complex trading strategies while maintaining security through policy-based controls. The platform provides native connectivity to 45+ blockchains, full transaction simulation and enrichment, and granular policy controls for DeFi protocols.

Treasury Management

Organizations can manage their digital treasury with full control over private keys while diversifying holdings, managing payments, and optimizing yields across DeFi protocols. The platform supports policy-based governance and multi-signature workflows for institutional treasury operations.

Key Platform Components

• Browser Extension: Chain-agnostic wallet extension with full transaction simulation for connecting to thousands of dApps
• Mobile App: Transaction review and approval interface with complete transaction details
• Web Console: Unified dashboard for policy management, vault creation, approver assignment, and portfolio oversight
• REST API: Programmatic access for blockchain operations, portfolio management, and automated transaction workflows
• MPC SDK: Developer toolkit for embedding self-custodial wallet functionality into applications

Key Strengths

Maximum Security Infrastructure

Fordefi's architecture uses MPC protocols, isolated hardware, and biometric authentication to eliminate single points of failure. The platform has earned SOC 2 Type II certification from Ernst & Young and undergone security assessments by Skylight Cyber and NCC Group. Munich Re provides insurance coverage, demonstrating institutional confidence in the security model.

Ubiquitous Blockchain Connectivity

The unified browser extension connects to thousands of dApps across 45+ blockchains including Ethereum, Solana, Bitcoin, Cosmos, Starknet, Aptos, Sui, and TON - eliminating the need to switch between multiple wallets.

Unprecedented Transaction Enrichment

Every transaction receives detailed enrichment showing its financial impact, security implications, and protocol interactions - eliminating blind signing and providing clear visibility into transaction effects.

Governance and Policy Management

The flexible policy engine enables organizations to set granular controls based on protocols, actions, amounts, and more - protecting against both internal and external threats while supporting complex institutional workflows.

Zero Counter-Party Risk

Users maintain full control of private keys through self-custody. Backup keys can be self-custodied or held by third parties for independent disaster recovery.

Notable Clients

Fordefi serves leading institutions across the Web3 ecosystem including:

• Market Makers: Keyrock, Wintermute, Auros
• Trading Firms & Funds: Theia, Liquibit Capital, Ouroboros Capital, DeFiance Capital, Pantera, Selini
• Protocols & Infrastructure: Starkware, Subsquid, deBridge, Flare, Solv, Nillion
• Enterprises: Republic, Abra, Figment, Backed

Backed by Industry Leaders

Fordefi has raised funding from top-tier investors including Lightspeed, Electric Capital, Jump Capital, Castle Island Ventures, Pantera Capital, Illuminate Financial, PayPal Ventures, Digital Currency Group, and strategic investors like Starkware and DeFiance Capital.

Why Choose Fordefi

Fordefi combines institutional-grade security with DeFi-native functionality, enabling organizations to safely participate in decentralized finance without compromising on security, compliance, or operational efficiency. The platform's comprehensive approach - spanning secure key management, ubiquitous blockchain connectivity, transaction clarity, policy-based governance, and developer tools - makes it the preferred choice for institutions managing significant digital asset operations. With the backing of Paxos, Fordefi is positioned to become the custody infrastructure layer powering the on-chain economy.