Unconfirmed Paxos Acquisition of Fordefi Raises Speculation

Crypto payment infrastructure firm Paxos reportedly acquired New York-based crypto wallet startup Fordefi. However, no official statements confirm the acquisition as of November 26, 2025. The reported deal, if true, could significantly impact crypto wallet markets and drive institutional adoption and infrastructure development. But, the lack of official confirmation has left industry reactions in limbo, with market players speculating about its potential effects.