MPC wallet platform Fordefi completes $10 million financing, led by Electric Capital

2024-02-13 22:29:47

Collection

ChainCatcher news, according to CoinDesk, the MPC wallet platform Fordefi has completed a $10 million financing round, led by Electric Capital with participation from institutions such as Paxos and Alchemy.

It is reported that the company is expanding its self-custody MPC wallet product to retail-facing platforms, such as trading platforms and fintech platforms.

Previously, in November 2022, Fordefi announced the completion of an $18 million seed round financing, led by Lightspeed Venture Partners, with participation from Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, Defiance Capital, and StarkWare.

(Source Link)

Related tags

Fordefi Electric Capital

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.