Fordefi

Fordefi

Fordefi operates as a crypto infrastructure provider rather than a traditional asset manager, though its client roster reads like a who's-who of crypto-native investment firms. The company delivers a multi-party computation (MPC) wallet platform designed for institutions that need to self-custody private keys while connecting to thousands of decentralized applications across any blockchain. Its platform combines a browser extension, mobile transaction approval, a web-based policy console, REST APIs, and an MPC SDK — effectively an operating system for institutional DeFi activity. The firm's deployment focuses on three product lanes: DeFi trading, treasury management, and wallet-as-a-service for builders. Client announcements show traction with quantitative funds and market makers: Keyrock, a digital asset market maker, uses Fordefi to self-custody private keys and execute DeFi trading strategies through the wallet API. Ouroboros Capital, a crypto-native hedge fund, transacts via Fordefi's browser extension across multiple chains and sets trading-desk policies that label entire dApps and protocols. Liquibit Capital, a quantitative-driven investment manager, selected Fordefi to support decentralized-exchange trading on dYdX. The platform supports connectivity to thousands of protocols, with a 99.9% uptime guarantee and transaction enrichment that reveals financial impact before signing. On the operational side, Fordefi completed a SOC 2 Type II audit by Ernst & Young and a penetration test by Skylight Cyber. The firm lists Munich Re as a risk-solutions partner. Team size and revenue are not publicly disclosed. Fordefi does not publish an AUM figure and does not operate as a fund; its revenue comes from platform fees rather than carried interest or management fees on invested capital. Fordefi's structural differentiator is architectural: unlike custodial models where a third party holds keys, its MPC design splits key shares so no single machine or person can sign a transaction alone. The firm pairs this with hardware isolation and biometric authentication. That hybrid — self-custody with enterprise policy controls — positions Fordefi as infrastructure that funds integrate into their existing legal and operational structures, rather than an outsourced custody provider.