Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
, has acquired institutional wallet infrastructure provider Fordefi for over $100 million. The acquisition will integrate Fordefi's institutional-grade MPC wallet technology into Paxos' regulated custody platform.
Fordefi's platform currently safeguards over $120 billion in monthly transaction volume across 90+ blockchains, providing robust transaction processing and compliance tools for institutional DeFi operations. The integration will create a unified infrastructure offering both non-custodial tools and regulated custody services.
This marks Paxos' second major acquisition following its purchase of Membrane Finance earlier this year, strengthening its position in the institutional digital asset infrastructure space while expanding access to decentralized finance for traditional financial institutions.
#Paxos #Fordefi #PYUSD #DeFi #Custody