Fordefi

Fordefi is the first institutional MPC wallet and security platform built for decentralized finance (DeFi), offering MPC key management, self-serve DeFi policy controls, time-of-transaction smart contract insights, transaction simulation and risk alerts.

Seed Round: $18M

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What is Fordefi

Fordefi’s wallet is MPC, or multiparty computation, meaning it distributes a user’s private keys while still allowing users to easily connect with dapps.

The second is making sure that every time a private key is used, it’s used correctly—especially important in DeFi because users can’t always trust the origin of transactions.

Fordefi’s clients are mainly trading firms and DeFi-focused funds, as well as custodians.