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Fordefi

Fordefi

Live
Custody50

Institutional MPC wallet and security platform

Upvotes

1

Views

5

Score

50

Algorithm Analysis: Fordefi

50/100
Activity48/100
Maturity51/100
Community46/100
Transparency47/100
Documentation47/100

Fordefi presents as a live institutional MPC custody platform with documentation, $18M legacy funding, and acquisition by Paxos, plus explicit Canton Coin/CIP-56 support and fee coverage. Missing team names, app URL, and client/validator details limit some dimensions, but the product and corporate backing give it solid maturity. Overall a credible Canton custody and wallet provider.

Last analyzed: Sep 28, 2026

OverviewRelated

Fordefi on Canton

Institutional MPC wallet supporting Canton Coin and CIP-56 assets, with network fees covered for users

About Fordefi

Fordefi is an institutional multi-party computation (MPC) wallet and security platform built for firms transacting across decentralized applications and blockchains. The platform delivers transaction insights, translates smart contract calls into plain language, simulates every transaction in advance, and independently verifies dApp names. Its MPC key management protects against single points of failure, and its policy management tools let institutions define their own approval workflows. On Canton Network, Fordefi supports Canton Coin (CC) and any asset based on the CIP-56 token standard, and covers Canton network fees on behalf of its users. Fordefi was acquired by Paxos in November 2025.