fordefi

💥 Paxos procures crypto wallet startup #FORDEFI in a $100M deal.

Paxos unveils acquisition of Fordefi

#Paxos has acquired #Fordefi , a company that provides an institutional-grade wallet and security platform for #DeFi , designed to help businesses manage digital assets securely and interact with DeFi applications. With Paxos’ support, Fordefi will keep developing its platform and expanding institutional access to on-chain finance. Paxos will gradually integrate Fordefi’s technology, giving institutions unified access to both non-custodial tools and regulated custody in one infrastructure.

👉 x.com/Paxos/status/1993327827027202174

Paxos bought #Fordefi , the folks who make digital wallets and custody tools for big #institutions . They're planning to plug Fordefi's #Wallet tech right into their own regulated infrastructure.

Source: Binance News / #BitDegree / Coindesk / Coinmarketcap / Cointelegraph / Decrypt

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MAJOR RECENT CRYPTO FUNDRAISING EVENTS

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🚨 NEW
#Sui has launched Hashi on devnet a #Bitcoin finance protocol backed by firms including BitGo Bullish #FalconX #Fordefi and Ledger

It aims to expand BTC’s role in DeFi by enabling lending borrowing and yield.
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