Paxos Acquires Fordefi to Provide Advanced Digital Asset Solutions for Institutions

Paxos has made a strategic acquisition of Fordefi, an institutional-grade custody and wallet technology provider. This move significantly enhances Paxos’ ability to offer advanced custody solutions to institutions navigating the evolving on-chain financial landscape. Fordefi’s robust platform supporting over $120 billion in monthly transactions will integrate with Paxos’ regulated infrastructure. ]