Acquisition History / Paxos / Fordefi
Paxos Acquires Fordefi
Announced November 25, 2025 — $100M
What happened
Fordefi is an Israeli institutional wallet technology provider serving 300 financial institutions. Blockchain company Paxos acquired it for over US$100M and plans to expand its Israeli R&D hub.
- Acquirer
- Paxos
- Target
- Fordefi
- Announced
- November 25, 2025
- Price
- $100M
- Industry
- Institutional crypto wallets
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Paxos acquire Fordefi?
Paxos acquired Fordefi on November 25, 2025. This was Paxos's 1st publicly tracked acquisition out of 1 we have on record.
How much did Paxos pay for Fordefi?
Paxos paid $100M for Fordefi.
What does Fordefi do?
Fordefi is an Israeli institutional wallet technology provider serving 300 financial institutions. Blockchain company Paxos acquired it for over US$100M and plans to expand its Israeli R&D hub.
What other Institutional crypto wallets companies has Paxos acquired?
Fordefi is Paxos's only publicly tracked acquisition in Institutional crypto wallets so far.