Fordefi, a comprehensive MPC wallet platform and web3 gateway for institutional-grade self-custody of digital assets, has completed a strategic integration with layer-1 blockchain, Conflux Network. DWF Labs, a global digital asset market maker and multi-stage Web3 investment firm, will be the inaugural client leveraging this significant collaboration.
The tripartite strategic partnership aims to kickstart a new era of onboarding institutional clients building on the Conflux Network, by offering next-generation digital asset operations management that fuses MPC security, ubiquitous blockchain connectivity, and enterprise-level performance.
"Through our partnership with Conflux and DWF Labs, we are excited to play a part in improving accessibility and security for institutional clients on the Conflux Network, inviting a wave of institutions towards a more secure and seamless DeFi experience." - Jacob Goh, Director of Sales, APAC at Fordefi
The Conflux Network is the only regulatory-compliant, public, and permissionless blockchain in China and caters to the distinct operational needs of institutions, which means it requires the industry’s highest level of standards for its partnerships. In addition to the integration, Conflux will also diversify its treasury by incorporating a portion of it into Fordefi’s comprehensive MPC wallet platform.
"Inspired by the coordination of DWF Labs, we are excited to onboard an important ecosystem partner, Fordefi, who will offer custodial solutions of accessibility and security for institutional investors on the Conflux Network. Meanwhile, the partnership will further expand the base of institutional investors of Conflux from Fordefi's existing institutional clients." - Yuanjie Zhang, Co-founder of Conflux
DWF Labs onboards as the first of many institutions to come, setting the precedent for others looking to leverage a high-throughput blockchain network with a robust, self-custody asset management platform.
This strategic integration is designed not just for current market needs but also looks toward the future dynamics in the fast-evolving digital asset landscape. If you are an institution interested in learning more, please reach out to sales@fordefi.com
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Conflux’s mission is to be a catalyst for the borderless economy. As the only regulatory compliant, public, and permissionless blockchain in China, Conflux is building a borderless transactional and technological ecosystem for globally-minded crypto projects, extending beyond China to North America, Russia, Latin America, Europe, Africa, and the rest of the world.
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DWF Labs is the global digital asset market maker and multi-stage web3 investment firm, one of the world's largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
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Fordefi’s MPC wallet platform is an all-in-one solution for digital assets management. Fordefi’s MPC wallet and Web3 risk engine offers institutional participants secure connectivity to dozens of blockchains and thousands of decentralized applications, granular policy controls, and transaction simulation, alongside a full-stack developer suite of native APIs and SDKs. Fordefi is a financial technology and software company founded in 2021, with offices in New York and Tel Aviv. For more information, visit www.fordefi.com.
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