Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services
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Why This Matters
Paxos has acquired Crypto Wallet Startup Fordefi to expand its custody services, positioning itself to meet growing institutional demand for on-chain asset issuance and stablecoin payments.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.
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Full article on Unknown
Original article published by
Unknown
on November 25, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.