M&A Deal Summary

Paxos Acquires Fordefi

On November 25, 2025, Paxos acquired software company Fordefi

Acquisition Highlights
  • This is Paxos’ 1st transaction in the Software sector.
  • This is Paxos’ 1st transaction in the United States.
  • This is Paxos’ 1st transaction in New York.

M&A Deal Summary

Date 2025-11-25
Target Fordefi
Sector Software
Buyer(s) Paxos
Deal Type Add-on Acquisition

Target

Fordefi

New York, New York, United States
Fordefi designs and operates a multi-party computation (MPC) wallet and security platform for institutional and enterprise use in decentralised finance. Fordefi was founded in 2021 and is headquartered in New York, New York.

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Buyer(S) 1

Buyer

Paxos

New York, New York, United States

Category Company
Founded 2012
Sector Financial Services
DESCRIPTION

Paxos is a regulated blockchain infrastructure and tokenization platform. Its products are the foundation for a new, open financial system that can operate faster and more efficiently. Paxos was formed in 2012 and is headquartered in New York CIty.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-19 Membrane Finance

Helsinki, Finland

Membrane Finance is a financial technology company specialising in development of financial software and services that seamlessly link traditional financial infrastructure and blockchain-based services. The Company are the principal architect of EUROe - an EU regulated, full-reserve euro stablecoin that brings fiat euro liquidity on-chain. Membrane Finance was formed in 2021 and is headquartered in Helsinki, Finland.

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