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

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The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.

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Original article published by Unknown on November 25, 2025.
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