Fordefi

Acquired

Institutional MPC Wallet

New York, United States · Founded 2021 · $28.0M raised

Headquarters
New York, New York
Employees
11–50
Founded
2021
Business Model
B2B
Total Funding
$28.0M
Last Round
$10.0M Extension RoundFeb 2024
Rounds
2
Acquired by
PaxosNov 2025

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Fordefi is an institutional MPC wallet and Web3 gateway that enables crypto funds, trading firms, and asset managers to self-custody private keys with hardware-isolated MPC technology while seamlessly connecting to thousands of DeFi protocols across any blockchain. Its platform combines a browser extension, mobile app, web console, REST API, and MPC SDK with granular policy controls, enabling DeFi trading, treasury management, and wallet-as-a-service use cases. Fordefi is SOC 2 certified and audited by NCC Group and Skylight Cyber.

Summary

Fordefi is a Crypto & Web3 company based in New York, United States, founded in 2021. It has raised $28.0M in total across 2 rounds, most recently a $10.0M Extension Round in Feb 2024. Investors include Paxos, Electric Capital and Lightspeed Venture Partners.

Tech & App Stack

11 technologies & apps tracked

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Funding & Exit History

AcquisitionNov 2025

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Funding: Seed through Extension Round. Amounts, valuations, and investors where available.

Investors

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