Paxos Acquires Fordefi to Integrate Secure and Compliant DeFi for Institutional Users

Paxos has acquired Fordefi, a company specializing in MPC (Multi-Party Computation) wallet technology, marking an important step towards regulated DeFi access for institutional investors. This strategic deal will integrate Fordefi’s secure wallet infrastructure into Paxos’ robust custody system, offering institutions seamless and compliant participation in the decentralized finance space.