USA – Fordefi, a New York- and Tel Aviv, Israel-based financial technology and software company, raised $18M in Seed funding.
The round was 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.The company intends to use the funds to cement its strategic position, accelerate growth and its business reach.Led by Josh Schwartz, CEO, Dima Kogan, CTO, and Michael Volfman, Vice President of Research and Development, Fordefi provides a MPC wallet platform and Web3 gateway that enables institutions to connect to dApps across a wide range of chains while keeping digital assets secure. The company is an institutional MPC wallet and security platform built for decentralized finance (DeFi), offering MPC key management, self-serve DeFi policy controls, time-of-transaction smart contract insights, transaction simulation and risk alerts.09/11/2022
