Fordefi

Institutional MPC Wallet and Security Platform

Business Software
Acquired by Paxos
Acquired Tel Aviv-Yafo, Israel Founded 2021
Last updated 2026-06-18
Total raised
$18.0M
Last: 2022-11
Stage
Acquired
Founded
2021
Headcount
38
HQ
Tel Aviv-Yafo, Israel
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

Q&A

What is Fordefi's primary business?
Fordefi provides an institutional multi-party computation (MPC) wallet and security platform designed for firms transacting on decentralized applications across blockchains.
When was Fordefi founded?
Fordefi was founded in September 2021.
How much funding has Fordefi raised in total?
Fordefi has raised a total of $18,000,000.
When was Fordefi's last funding round and who were the lead investors?
Fordefi's last funding round occurred in November 2022, with Lightspeed Venture Partners as a lead investor.
Who acquired Fordefi and when did the acquisition take place?
Fordefi was acquired by Paxos in November 2025.
Where is Fordefi's headquarters located?
Fordefi's headquarters is located in Tel Aviv-Yafo, Israel.
Who are the co-founders of Fordefi?
The co-founders of Fordefi are Josh Schwartz, Dima Kogan, and Michael Volfman.

Team · 3

Founder · Co-Founder & CEO
LinkedIn ↗
Founder · Co-Founder & CTO
LinkedIn ↗
Founder · Co-founder & VP R&D
LinkedIn ↗

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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitefordefi.com/
LinkedInlinkedin.com/company/81664961

Identifiers & details

Founded2021-9
Employees (exact)38
OfficesNew York
Status reasonAcquired by Paxos on Nov 2025

Acquisitions & public offerings

Acquired by Paxos 2025-11

Radar intelligence

Open jobs — ashby

Total open3
Remote3
TitleLocationDepartment
Customer Support Engineer
Senior Backend Engineer
Sales Executive, EMEA

Publications (Crossref)

Works1

GitHub

Top reposweb3-provider, api-examples

Web history (Wayback)

Domainfordefi.com

Certificate / subdomain footprint

Subdomains16