Paxos acquires Fordefi to power stablecoin, tokenization infrastructure
Market Intelligence Analysis
AI-PoweredPaxos has acquired Fordefi to enhance its stablecoin and tokenization infrastructure, leveraging Fordefi's MPC wallet technology to improve custody and institutional onchain operations. This strategic move positions Paxos to strengthen its offerings in the regulated cryptocurrency space.
Market impact analysis based on bullish sentiment with 81% confidence.
Article Context
The addition of Fordefi’s MPC wallet infrastructure broadens Paxos’ regulated capabilities for custody, tokenization and institutional onchain operations.
Analysis and insights provided by AnalystMarkets AI.