MPC wallet company Fordefi completes US$10 million in financing, led by Electric Capital

MPC wallet company Fordefi announced the completion of a $10 million financing round, led by Electric Capital and with participation from Paxos and Alchemy.It is reported that Fordefi is expanding its self-custody MPC wallet product to serve retail-oriented service platforms such as exchanges, fintech platforms, and Web3 companies, further reducing interaction risks with DeFi applications.