Paxos Purchases Fordefi to Enhance Institutional DeFi Growth Security
- Paxos acquires Fordefi for $100M+ to enhance DeFi custody, stablecoin issuance, and asset tokenization capabilities. - Fordefi's MPC wallet technology, securing $120B+ monthly volume across 90+ blockchains, will integrate into Paxos' infrastructure. - The deal expands institutional access to secure on-chain solutions for clients like PayPal and Mastercard amid rising DeFi adoption. - Paxos faces regulatory scrutiny after a $26.5M fine but aims to address institutional DeFi compliance challenges through t
Paxos, a prominent provider of regulated blockchain infrastructure, has
This acquisition broadens Paxos’ capacity to deliver an integrated platform for institutional clients to issue stablecoins, tokenize assets, and oversee on-chain transactions
Paxos CEO Charles Cascarilla highlighted the strategic alignment,
This move is in line with the wider trend of integrating DeFi protocols into mainstream financial platforms. For example,
This latest acquisition follows Paxos’ earlier purchase of Finland-based Membrane Finance in 2025, a move to strengthen its presence in Europe under the MiCA regulatory regime
This transaction highlights the surge in mergers and acquisitions within the stablecoin industry, as companies like Stripe and Coinbase work to solidify their roles in the fast-changing blockchain sector
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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