Sonic Labs, previously known as the Fantom Foundation, announced via X on Monday that Fordefi will launch on the Sonic blockchain. Fordefi offers the most comprehensive multi-party computation (MPC) wallet platform to securely self-custody assets on Sonic. With Fordefi, institutions can easily access the diverse world of Sonic apps.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 5% in the last 24 hours and is currently trading at $0.7383.