Paxos has acquired the DeFi wallet startup Fordefi for more than $100 million to enhance its blockchain infrastructure with secure, institutional-grade custody solutions. This move integrates Fordefi's multi-party computation technology into Paxos's regulated stablecoin ecosystem, providing safer DeFi access for enterprise clients. Paxos acquisition of Fordefi strengthens DeFi capabilities with advanced wallet security. The deal, [...]
