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Fordefi Launches First Institutional-Grade MPC Wallet for DeFi on Sui

Twitter icon  •  Published hace 2 semanas  •  Hassan Maishera

On Wednesday, the Sui team announced via X that Fordefi had launched the first institutional-grade MPC wallet for DeFi protocols on Sui.

On Wednesday, the Sui team announced via X that Fordefi had launched the first institutional-grade MPC wallet for DeFi protocols on Sui. Fordeif is a company that employs multiparty computation (MPC) technology to deliver a secure institutional wallet platform for DeFi.

Thanks to this integration, institutional users on Sui can securely self-custody their private keys and connect to thousands of dApps across various blockchains, ensuring complete control over their digital assets, enhancing operational efficiency, and dramatically simplifying digital asset management.

Fordefi also offers customizable policies to protect workflows and consolidates all digital asset operations into a unified interface, providing a comprehensive and user-friendly asset management solution.

Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is down 2% in the last 24 hours and is trading at $0.8149 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.