Fordefi

Institutional MPC Wallet and Security Platform

Business Software
Acquired by Paxos on Nov 2025
Acquired Tel Aviv-Yafo Founded 2021
Total raised
$18.0M
Last: Seed 2022-11
Stage
Acquired
Founded
2021
Headcount
38
HQ
Tel Aviv-Yafo
Sector
Business Software

About

Fordefi's platform is an institutional multi-party computation (MPC) wallet built for firms transacting on decentralized applications across blockchains. The solution delivers insights into transactions, translating smart contracts into language that users can understand, simulating every transaction in advance, and independently verifying dApp names. Its advanced MPC key management capabilities are built to protect against any single point of failure, and the platform's policy management capabilities offer users the ability to create and define their own workflows, proactively protecting themselves from both internal and external vulnerabilities.

Funding history · 1 round · $18.0M total

2022-11
Seed $18.0M

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development Tools
Technologies
Platforms & InterfacesWeb
Target customers
Financial Services
Business model
B2B

Highlights

Verified

Tags

web-3-0digital-walletblockchaintransactions