We’re excited to announce that DeFiance Capital, an industry leading web3 and crypto venture investment firm, has chosen Fordefi as their MPC wallet. DeFiance Capital was one of Fordefi’s initial design partners, collaborating with our team since late 2021. Together with DeFiance Capital, we tailored our MPC wallet solution specifically to meet the needs of institutions transacting in DeFi. We’re proud to officially onboard DeFiance Capital as customers onto Fordefi’s MPC wallet platform.

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DeFiance Capital — Industry Leading Crypto VC

DeFiance Capital is one of the most active and globally recognized web3 and crypto focused investment firms with successful investments across DeFi, web3 gaming and blockchain infrastructure. Founded in 2020 by Arthur Cheong, DeFiance Capital has invested in successful projects such as but not limited to: Aave, dYdX, Lido, Axie Infinity, LayerZero, and Offchain Labs (Arbitrum).

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"We’re happy to work with DeFiance Capital, one of the earliest DeFi funds in the market. We worked with their team early on and learned of their frustrations with legacy wallets for DeFi. Fordefi is here for them and any crypto institution looking to protect their funds from DeFi risks," said Josh Schwartz, CEO and Cofounder at Fordefi.

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DeFiance Capital Crypto Wallet Challenges

As a crypto investment firm, DeFiance Capital has a team of investors actively engaged in identifying new DeFi opportunities and managing liquid fund strategies. DeFiance Capital required a wallet solution that could be deployed to their trading and operations team, allowing traders to individually interact in DeFi. In addition, DeFiance Capital also wanted to ensure that their team’s DeFi activities had oversight and accountability, wanting to balance security with efficiency, in order to scale their DeFi strategies.

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DeFiance Capital Shopping List

1. Seamless DeFi connectivity
2. Granular and customizable policy controls
3. Institutional-grade MPC key management & security architecture

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Why DeFiance Capital Chose Fordefi’s MPC Wallet Purpose-Built for DeFi

DeFiance Capital selected Fordefi for its highly customizable policy engine, a tool that can coordinate asset movements or trades between multiple employees. The platform provides the fund with tools to understand any smart contract before interacting and simulate each transaction so that users can be 100% sure before signing.

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With Fordefi, DeFiance Capital can also customize their trading policies to ensure the optimal balance between security and efficiency, enabling them to confidently and securely scale their DeFi strategies. Fordefi’s proprietary browser extension allows the fund to be connected with all dApps that have integrated with Metamask. In addition to Fordefi’s granular policy engine, DeFiance capital chose Fordefi for its strong security focus and expertise in MPC technology and crypto cybersecurity.

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By using Fordefi, DeFiance Capital can better secure investor funds from cyber attacks, internal collusion, and human error with Fordefi’s technology that combines the latest breakthroughs in MPC cryptography with hardware isolation.

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We’re excited to continue collaborating closely with DeFiance Capital as we add new features and functionalities, further tailoring our product towards the needs of institutions transacting in DeFi. For more information on how Fordefi’s MPC wallet and security platform can enable your business to safely transact in DeFi, reach out to sales@fordefi.com , today.