what's Fordefi?
Fordefi is an institutional-grade multi-party computation (MPC) wallet platform designed for secure self-custody of digital assets in the Web3 ecosystem. It enables users to manage private keys across multiple blockchains without single points of failure, leveraging MPC technology to distribute key shares among parties for enhanced security. The platform serves as a Web3 gateway, allowing seamless connections to thousands of decentralized applications (dApps) while implementing granular policy controls to mitigate risks in DeFi workflows. Key features include transaction simulation for previewing outcomes, real-time risk alerts, and a policy engine for whitelisting dApps, setting allowances, and enforcing governance. Fordefi supports multi-chain interactions, bridging, staking, and on-chain trading, with native browser extension compatibility for over 90 blockchains. It caters primarily to institutions, traders, and operators, providing tools like bulk operations and AML freeze capabilities to ensure compliance and operational efficiency in decentralized finance.
Fordefi commands $100B+ monthly volume for 300+ institutions; also panels on Stacks Bitcoin.
Links
x.com/fordefihqSponsored InnovateDenver, an institutional digital assets gathering during ETHDenver week.
Provides non-custodial MPC wallet infrastructure for Ember Protocol's Polymarket vault strategy managed by Third Eye and Polymarket, enabling cross-chain fund deployment from Sui to Polymarket.
Commands over $100 billion in monthly transaction volume across 300+ institutional customers.
Fordefi is participating as a panelist in the Stacks Bitcoin Capital Markets webinar focused on Dual Stacking and Self-Custodial sBTC on December 17, 2025.
Paxos acquires Fordefi for over $100 million, with plans to integrate its DeFi wallet technology into Paxos infrastructure while Fordefi continues operating independently initially.
ForDeFi partners with build_on_bob, Fireblocks, and Cobo Global to provide MPC wallet infrastructure for institutional Bitcoin DeFi access.
Mentioned as an investment from 2022, currently being used as a paid product.