Sodot
MPC Infrastructure for Crypto Custodians & Wallets
Company Overview
Snapshot
Founded in March 2023 by Ido Sofer, Elichai Turkel, and Shalev Keren, Sodot operates with 11–50 employees. The company has raised $3M across one funding round from three investors, with Entrée Capital as a lead investor. Sodot was acquired by MoonPay in April 2026.
Business overview
Sodot provides Multi-Party Computation (MPC) infrastructure designed for crypto custody and wallet providers. Its core technology enables these entities to generate and manage private keys on-premise, enhancing the security and user experience of their products while maintaining full control. The company operates within the cyber security sector, serving the digital wallet and blockchain industries with a focus on privacy protection and cryptography.
Strategic signal
Sodot's acquisition by MoonPay in April 2026 signals a strategic move to integrate its encryption technology into MoonPay's institutional offerings. This development highlights the increasing demand for robust MPC infrastructure within the cryptocurrency ecosystem and validates Sodot's specialized expertise in securing digital assets for institutional clients.
Log in to access full profile ›Company Intelligence Q&A
- When was Sodot acquired?
- Sodot was acquired by MoonPay in April 2026.
- What is the primary purpose of Sodot's technology for MoonPay?
- Sodot's encryption technology will power MoonPay's new institutional offering, enhancing security for crypto custodians and wallet providers.
- Who are the founders of Sodot?
- Sodot was founded by Ido Sofer, Elichai Turkel, and Shalev Keren.
- What is Sodot's primary product offering?
- Sodot provides MPC (Multi Party Computation) infrastructure for crypto custody and wallet providers to generate and manage private keys on-premise.
- Which investors participated in Sodot's funding round?
- In October 2023, Sodot secured funding from investors including Entrée Capital and DCG Expeditions.