Dfns

About Dfns

Dfns provides a wallets-as-a-service platform that utilizes multiparty computation (MPC) and threshold signature schemes (TSS) to ensure secure key management for digital assets. The platform enables financial institutions to create, manage, and embed programmable wallets at scale, facilitating compliant and efficient crypto transactions while maintaining high security standards.

```xml <problem> Managing private keys for digital assets is complex and poses significant security risks for financial institutions, especially when scaling operations and ensuring compliance. Traditional methods often involve unsafe key storage and cumbersome transaction processes, increasing the potential for loss, theft, and regulatory violations. </problem> <solution> Dfns provides a wallets-as-a-service (WaaS) platform that leverages multiparty computation (MPC) and threshold signature schemes (TSS) to offer secure and scalable key management for digital assets. The platform enables financial institutions and enterprises to embed programmable wallets into their applications, streamlining digital asset operations and user onboarding while adhering to stringent security standards. Dfns' unified API simplifies blockchain complexities, allowing developers to automate transaction workflows and manage digital assets across multiple blockchains with ease. The platform's key deployment service (KDS) offers flexible key deployments to meet diverse regulatory requirements, ensuring future-proof compliance. </solution> <features> - Wallets-as-a-Service (WaaS) platform for instant integration of digital asset capabilities - Wallet Entitlement Management (WEM) to import existing business and governance logics - Key Deployment Service (KDS) for flexible key deployments to meet regulatory requirements - Secure user onboarding with strong MFA options like passkeys, biometrics, and Yubikeys - Support for a wide array of keys, signatures, and integrations across all blockchains - Unified API for seamless admin experience and simplified management of blockchain complexities - Automated transaction workflows via API with ready-made on-chain payloads - NIST-compliant, bank-grade security with state-of-the-art cryptography and optional HSM integration - Governance APIs for granular control over authorizations, quorums, and policies </features> <target_audience> Dfns primarily targets fintechs, neobanks, institutional banking providers, regulated custodians, tokenization platforms, payment processors, and treasury management services seeking secure and compliant digital asset management solutions. </target_audience> <revenue_model> Dfns offers fixed annual subscriptions with no transaction fees. </revenue_model> ```

What does Dfns do?

Dfns provides a wallets-as-a-service platform that utilizes multiparty computation (MPC) and threshold signature schemes (TSS) to ensure secure key management for digital assets. The platform enables financial institutions to create, manage, and embed programmable wallets at scale, facilitating compliant and efficient crypto transactions while maintaining high security standards.

Where is Dfns located?

Dfns is based in Paris, France.

When was Dfns founded?

Dfns was founded in 2020.

How much funding has Dfns raised?

Dfns has raised 30592408.

Location
Paris, France
Founded
2020
Funding
30592408
Employees
56 employees
Major Investors
Techstars, Coinbase, Bpifrance, Hashed, Figment

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Dfns

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Executive Summary

Dfns provides a wallets-as-a-service platform that utilizes multiparty computation (MPC) and threshold signature schemes (TSS) to ensure secure key management for digital assets. The platform enables financial institutions to create, manage, and embed programmable wallets at scale, facilitating compliant and efficient crypto transactions while maintaining high security standards.

dfns.co5K+
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Crunchbase
Founded 2020Paris, France

Funding

$

Estimated Funding

$20M+

Major Investors

Techstars, Coinbase, Bpifrance, Hashed, Figment

Team (50+)

No team information available.

Company Description

Problem

Managing private keys for digital assets is complex and poses significant security risks for financial institutions, especially when scaling operations and ensuring compliance. Traditional methods often involve unsafe key storage and cumbersome transaction processes, increasing the potential for loss, theft, and regulatory violations.

Solution

Dfns provides a wallets-as-a-service (WaaS) platform that leverages multiparty computation (MPC) and threshold signature schemes (TSS) to offer secure and scalable key management for digital assets. The platform enables financial institutions and enterprises to embed programmable wallets into their applications, streamlining digital asset operations and user onboarding while adhering to stringent security standards. Dfns' unified API simplifies blockchain complexities, allowing developers to automate transaction workflows and manage digital assets across multiple blockchains with ease. The platform's key deployment service (KDS) offers flexible key deployments to meet diverse regulatory requirements, ensuring future-proof compliance.

Features

Wallets-as-a-Service (WaaS) platform for instant integration of digital asset capabilities

Wallet Entitlement Management (WEM) to import existing business and governance logics

Key Deployment Service (KDS) for flexible key deployments to meet regulatory requirements

Secure user onboarding with strong MFA options like passkeys, biometrics, and Yubikeys

Support for a wide array of keys, signatures, and integrations across all blockchains

Unified API for seamless admin experience and simplified management of blockchain complexities

Automated transaction workflows via API with ready-made on-chain payloads

NIST-compliant, bank-grade security with state-of-the-art cryptography and optional HSM integration

Governance APIs for granular control over authorizations, quorums, and policies

Target Audience

Dfns primarily targets fintechs, neobanks, institutional banking providers, regulated custodians, tokenization platforms, payment processors, and treasury management services seeking secure and compliant digital asset management solutions.

Revenue Model

Dfns offers fixed annual subscriptions with no transaction fees.

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