PANews reported on February 13 that according to CoinDesk, MPC wallet company Fordefi announced the completion of a $10 million financing, led by Electric Capital, with participation from Paxos and Alchemy. It is reported that Fordefi is expanding its self-hosted MPC wallet products to retail service platforms such as exchanges, fintech platforms, and Web3 companies, and further reducing the risk of interaction with DeFi applications. According to previous news, Fordefi completed a $18 million seed round of financing in 2022, led by Lightspeed Venture Partners, with participation from Pantera capital and Jump Crypto.
