Stablecoin issuer Paxos makes bumper $100M deal for wallet startup Fordefi

Paxos has announced that it is acquiring the DeFi wallet startup Fordefi. Paxos will pay over $100 million to acquire Fordefi and then gradually integrate Fordefi’s wallet into its own infrastructure. Paxos, the veteran blockchain infrastructure company that is best known for its regulated stablecoins, announced on November 25, 2025, that it is acquiring the […] source: https://www.cryptopolitan.com/paxos-deal-for-wallet-startup-fordefi/