Fordefi's platform is an institutional multi-party computation (MPC) wallet built for firms transacting on decentralized applications across blockchains. The solution delivers insights into transactions, translating smart contracts into language that users can understand, simulating every transaction in advance, and independently verifying dApp names. Its advanced MPC key management capabilities are built to protect against any single point of failure, and the platform's policy management capabilities offer users the ability to create and define their own workflows, proactively protecting themselves from both internal and external vulnerabilities.
Classification
Sector
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development Tools
Core Technology
Platforms & InterfacesWeb
Target Customer
Financial Services
Business Model
B2B
Tags
web-3.0digital-walletblockchaintransactions
Funding & Events
Nov 2022
Seed$18M
Lightspeed Venture Partners (Lead), Digital Currency Group, Nima Capital, Castle Island Ventures, DeFiance Capital, Electric Capital, Alameda Research, Pantera Capital, StarkWare Industries, Illuminate Financial Management , Jump Crypto, PayPal Ventures