Paxos Takes a Big Step into DeFi with Fordefi Buyout
Paxos, a company known for helping big names like PayPal and Nubank offer crypto services, has just bought Fordefi, a startup that makes crypto wallets for DeFi. This deal is worth over $100 million, showing that Paxos is serious about getting into the DeFi game. DeFi, or decentralized finance, has always been seen as risky. It offers high returns but is also prone ...