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Paxos acquires New York-based crypto wallet startup Fordefi for over $100 million.

2025-11-25 13:40

Odaily Planet Daily reports that crypto payment infrastructure company Paxos has announced its acquisition of New York-based crypto wallet startup Fordefi for over $100 million. Fordefi focuses on crypto wallet solutions designed for decentralized finance (DeFi) and currently has approximately 40 employees serving about 300 clients. (Fortune)

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