About Fordefi
Fordefi was founded in 2021 and is headquartered in New York, New York. Acquired by Paxos (a regulated, qualified custodian holding a New York Limited Purpose Trust Charter and other global licences) in 2025. Previously operated as an independent MPC wallet platform.
Custody model and security
MPC wallet platform with built-in DeFi connectivity, robust governance and policy controls, and deep on-chain integration. Safeguards USD 120+ billion in monthly transaction volume.
Asset coverage
Digital assets across centralized and decentralized workflows, with deep DeFi protocol connectivity.
Typical client profile
Approximately 300 institutions including crypto-native firms, asset managers, and enterprises requiring secure on-chain operations.
Institutional fit
Institutions that need secure DeFi access alongside custody infrastructure, or enterprises building stablecoin and tokenization workflows on Paxos infrastructure.
Key context for buyers
Following Paxos acquisition, Fordefi operates independently while integrating into Paxos's regulated custody and stablecoin infrastructure. Founded by Dima Kogan, Josh Schwartz, and Michael Volfman.
Frequently asked questions
When was Fordefi founded?
Fordefi was founded in 2021 and is headquartered in New York, New York.
How is Fordefi regulated?
Acquired by Paxos (a regulated, qualified custodian holding a New York Limited Purpose Trust Charter and other global licences) in 2025. Previously operated as an independent MPC wallet platform.
What custody model does Fordefi use?
MPC wallet platform with built-in DeFi connectivity, robust governance and policy controls, and deep on-chain integration. Safeguards USD 120+ billion in monthly transaction volume.
Which institutions typically use Fordefi?
Approximately 300 institutions including crypto-native firms, asset managers, and enterprises requiring secure on-chain operations.
What assets does Fordefi support?
Digital assets across centralized and decentralized workflows, with deep DeFi protocol connectivity.
What should buyers know about Fordefi?
Following Paxos acquisition, Fordefi operates independently while integrating into Paxos's regulated custody and stablecoin infrastructure. Founded by Dima Kogan, Josh Schwartz, and Michael Volfman.
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