FORDEFI

Onchain capital deployment is still being obstructed due to legacy institutional wallets not supporting access to protocols on different blockchains. Fordefi’s browser extension gives your team access to dApps on 90+ chains, from day one. Immediately operate a 𝐦𝐮𝐥𝐭𝐢-𝐜𝐡𝐚𝐢𝐧 digital asset strategy without needing to stitch together different wallets and workflows.

Fordefi simulates your onchain transaction into 𝐩𝐥𝐚𝐢𝐧 𝐥𝐚𝐧𝐠𝐮𝐚𝐠𝐞 first → see the assets that will move, the contract it touches, any risk warnings and the end result. Safeguard funds and speed up approvals by seeing exactly what you're signing, 𝐛𝐞𝐟𝐨𝐫𝐞 𝐲𝐨𝐮 𝐬𝐢𝐠𝐧.

Fordefi is a self-custodial 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐌𝐏𝐂 𝐰𝐚𝐥𝐥𝐞𝐭 and security platform used by over 300 organizations transacting $120B+ per month on-chain. Deploy more capital, know what you’re signing, safeguard on-chain funds.

Wallet infrastructure for on-chain finance is due for an upgrade. DeFi has become more sophisticated, yet despite this, institutional wallets remained unchanged. Today, legacy institutional wallets lack the specific risk controls required for the complex and sophisticated reality of modern DeFi, leaving teams frustrated and funds vulnerable to a multitude of 𝐭𝐡𝐫𝐞𝐚𝐭𝐬 and 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐞𝐱𝐩𝐥𝐨𝐢𝐭𝐬. Capital deployment is also still being obstructed due to these same legacy institutional wallets not supporting access to protocols on different or new blockchains. These are problems that modern, upgraded institutional wallet infrastructure can solve. That’s why we build FORDEFI (now part of Paxos) - 𝐚 𝐬𝐞𝐥𝐟-𝐜𝐮𝐬𝐭𝐨𝐝𝐲 𝐌𝐏𝐂 𝐰𝐚𝐥𝐥𝐞𝐭 𝐩𝐮𝐫𝐩𝐨𝐬𝐞-𝐛𝐮𝐢𝐥𝐭 𝐟𝐨𝐫 𝐦𝐨𝐝𝐞𝐫𝐧 𝐃𝐞𝐅𝐢. Fordefi enables teams to secure, govern and grow their on-chain finance operations across 90+ chains, all from one platform. 300+ institutions and DeFi-natives use Fordefi - asset managers, trading firms, protocols, payments and banks/fintechs - including the likes of Pantera Capital, Keyrock, Solv, Midas, infiniFi, and the list is growing. Want to learn how Fordefi can significantly improve the security and governance of your onchain finance operations? Schedule a personalized demo with our team → https://lnkd.in/eJu6YbvH

Fordefi is a self-custodial 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐌𝐏𝐂 𝐰𝐚𝐥𝐥𝐞𝐭 and security platform used by over 300 organizations transacting $120B+ per month onchain. Secure, govern and grow your digital asset operations from one platform.

Ask any CASP in Europe if they have a business continuity plan for their custody setup, and they'll say yes. Ask them what actually happens to client assets the day their wallet provider goes offline, and you get a much longer pause. That pause is now a regulatory problem. Under MiCA Article 68(7), CASPs need a business continuity policy, including ICT response and recovery plans under DORA. Those plans have to either keep services running through an outage or get them back up in a timely way. And with the MiCA transition period over, "we're working on it" no longer cuts it. Here are the 3 scenarios I'd want any continuity plan to answer: 1/ 𝐘𝐨𝐮𝐫 𝐜𝐮𝐬𝐭𝐨𝐝𝐲 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐫 𝐠𝐨𝐞𝐬 𝐝𝐨𝐰𝐧. An outage, a breach, an infrastructure failure. Withdrawals stop, and your clients still expect access to their funds. 2/ 𝐘𝐨𝐮𝐫 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐫 𝐜𝐮𝐭𝐬 𝐨𝐟𝐟 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐨𝐫 𝐞𝐱𝐢𝐭𝐬 𝐚 𝐦𝐚𝐫𝐤𝐞𝐭. Commercial dispute, sanctions exposure, a strategy change on their side. Your operations are now tied to someone else's roadmap. 3/ 𝐀 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫 𝐚𝐬𝐤𝐬 𝐲𝐨𝐮 𝐭𝐨 𝐩𝐫𝐨𝐯𝐞 𝐢𝐭 𝐰𝐨𝐫𝐤𝐬. A PDF describing your recovery process isn't proof. A plan that has never been run isn't really a plan. __ In most setups, the honest answer to all three is: "we'd scramble." That's the gap the 𝐒𝐭𝐚𝐧𝐝𝐛𝐲 𝐖𝐚𝐥𝐥𝐞𝐭 closes. It's the failover solution FORDEFI built with Station70. HOW IT WORKS: 1/ 𝐑𝐞𝐚𝐝𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐭𝐡𝐞 𝐢𝐧𝐜𝐢𝐝𝐞𝐧𝐭: A Fordefi workspace is set up in advance, with your policies and address books already in place. It sits with a different provider from your primary wallet, so you don't have a single point of failure. 2/ 𝐊𝐞𝐲𝐬 𝐦𝐨𝐯𝐞, 𝐭𝐡𝐞𝐲 𝐚𝐫𝐞 𝐧𝐞𝐯𝐞𝐫 𝐫𝐞𝐛𝐮𝐢𝐥𝐭: When recovery is triggered, Station70's SWAT process migrates the MPC key shares securely. The private key is never fully reconstructed, so you keep MPC's security even mid-crisis. 3/ 𝐃𝐨𝐫𝐦𝐚𝐧𝐭 𝐮𝐧𝐭𝐢𝐥 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐢𝐭: The standby wallet stays inactive day to day. When it's needed, you move to a controlled environment you've already set up, not one you're building under pressure. WHY THIS IS SO VALUABLE: Your 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐢𝐭𝐲 plan stops being a document and becomes infrastructure. Your 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲 is pre-built, with governance and controls already in place. And when your regulator asks how you protect client assets if your provider fails, you can give them an answer you've actually tested. P.S. If you're a CASP working through MiCA continuity requirements, you can get a personalised walkthrough of the Fordefi Standby Wallet here → https://lnkd.in/exv3aahW Or DM me in the comments.