Paxos acquires Fordefi to power stablecoin, tokenization infrastructure

Overview

Paxos has announced its acquisition of Fordefi, a move aimed at enhancing its regulated capabilities in the realms of custody, tokenization, and institutional on-chain operations. This strategic addition includes Fordefi’s Multi-Party Computation (MPC) wallet infrastructure.

What Happened

Paxos, a firm known for its focus on regulated financial services within the crypto space, has officially acquired Fordefi. This acquisition is significant as it brings Fordefi’s MPC wallet technology into Paxos’ operations. The MPC wallet infrastructure is essential for improving the security and efficiency of digital asset custody and tokenization processes.

By integrating Fordefi’s technology, Paxos aims to strengthen its service offerings for institutional clients, providing them with enhanced tools for managing and executing on-chain transactions. This move underscores Paxos’ commitment to expanding its regulated capabilities and reinforcing its position in the rapidly evolving digital asset landscape.

Impact on the crypto market

• The acquisition enhances Paxos’ regulated capabilities, potentially attracting more institutional clients.
• The integration of MPC wallet infrastructure may improve security for digital asset transactions.
• This move could lead to increased adoption of tokenization services among financial institutions.
• The acquisition highlights the ongoing consolidation trend in the crypto industry, as firms seek to bolster their technological offerings.
• Paxos’ expansion may contribute to greater confidence in the regulatory frameworks surrounding digital assets.

Updated: 11/26/2025, 12:51:44 PM