Browsing: Fordefi

In a significant development for the crypto market, Paxos has acquired the innovative cryptocurrency wallet startup Fordefi for over 100 million dollars.This acquisition not only highlights the growing demand for digital asset management solutions but also reflects the intense interest investors have in the ever-evolving landscape of cryptocurrency.

In a strategic move poised to reshape the landscape of institutional DeFi, Paxos has officially announced its acquisition of Fordefi, an esteemed provider of crypto custody solutions.This monumental deal, reportedly valued at over $100 million, aims to enhance Paxos’s capabilities in offering sophisticated digital asset infrastructure to institutions.