About FORDEFI

Fordefi provides a multi-party computation (MPC) wallet platform that enables secure self-custody of private keys while facilitating seamless connections to thousands of decentralized applications across various blockchains. This solution addresses the risks associated with private key management and operational workflows in digital asset transactions, allowing organizations to maintain control and enhance security.

```xml <problem> Organizations handling digital assets face significant risks related to private key management, secure connectivity to decentralized applications (dApps), and the enforcement of operational workflows across various blockchains. Traditional methods often lack the necessary security and control, exposing assets to potential threats and unauthorized access. </problem> <solution> Fordefi provides a comprehensive MPC (Multi-Party Computation) wallet platform and Web3 gateway designed for secure self-custody of digital assets. The platform enables organizations to seamlessly connect to thousands of dApps across multiple blockchains while maintaining full control over their private keys. Fordefi's solution incorporates granular policy controls to protect operational workflows, ensuring that all digital asset transactions are executed in a secure and compliant manner. By utilizing MPC technology, isolated hardware, and biometric authentication, Fordefi eliminates single points of failure, providing a robust defense against both internal and external threats. </solution> <features> - Multi-Party Computation (MPC) key management for secure, self-custodial private key control - Unified browser extension for chain-agnostic connectivity to thousands of dApps - Granular policy engine to define thresholds based on protocols, actions, and amounts - Transaction enrichment system providing clear insights into transaction integrity and financial impact - Wallet API and MPC SDK for creating self-custodial wallets at scale and integrating with Web3 projects - Support for DeFi trading, treasury management, and Wallet-as-a-Service solutions - Mobile app for reviewing and tracking transaction approvals with detailed information - Web console for assigning approvers, building policies, creating vaults, and managing portfolios </features> <target_audience> Fordefi targets funds, trading firms, market makers, and Web3 companies that require secure and scalable solutions for managing digital assets and interacting with decentralized applications. </target_audience> <revenue_model> Fordefi generates revenue through a tiered pricing model based on the specific solutions and features utilized, such as Wallet-as-a-Service, DeFi Trading, and Treasury Management. </revenue_model> ```

What does FORDEFI do?

Where is FORDEFI located?

FORDEFI is based in East New York, United States.

When was FORDEFI founded?

FORDEFI was founded in 2021.

How much funding has FORDEFI raised?

FORDEFI has raised 28000000.

Location

East New York, United States

Founded

2021

Funding

28000000

Employees

36 employees

Major Investors

Electric Capital

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FORDEFI

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Executive Summary

fordefi.com 5K+

Crunchbase

Founded 2021 – East New York, United States

Funding

Estimated Funding

$20M+

Major Investors

Electric Capital

Team (30+)

No team information available.

Company Description

Problem

Organizations handling digital assets face significant risks related to private key management, secure connectivity to decentralized applications (dApps), and the enforcement of operational workflows across various blockchains. Traditional methods often lack the necessary security and control, exposing assets to potential threats and unauthorized access.

Solution

Fordefi provides a comprehensive MPC (Multi-Party Computation) wallet platform and Web3 gateway designed for secure self-custody of digital assets. The platform enables organizations to seamlessly connect to thousands of dApps across multiple blockchains while maintaining full control over their private keys. Fordefi's solution incorporates granular policy controls to protect operational workflows, ensuring that all digital asset transactions are executed in a secure and compliant manner. By utilizing MPC technology, isolated hardware, and biometric authentication, Fordefi eliminates single points of failure, providing a robust defense against both internal and external threats.

Features

Multi-Party Computation (MPC) key management for secure, self-custodial private key control

Unified browser extension for chain-agnostic connectivity to thousands of dApps

Granular policy engine to define thresholds based on protocols, actions, and amounts

Transaction enrichment system providing clear insights into transaction integrity and financial impact

Wallet API and MPC SDK for creating self-custodial wallets at scale and integrating with Web3 projects

Support for DeFi trading, treasury management, and Wallet-as-a-Service solutions

Mobile app for reviewing and tracking transaction approvals with detailed information

Web console for assigning approvers, building policies, creating vaults, and managing portfolios

Target Audience

Fordefi targets funds, trading firms, market makers, and Web3 companies that require secure and scalable solutions for managing digital assets and interacting with decentralized applications.

Revenue Model

Fordefi generates revenue through a tiered pricing model based on the specific solutions and features utilized, such as Wallet-as-a-Service, DeFi Trading, and Treasury Management.