Dfns, a Paris, France-based provider of a wallet-as-a-service platform for crypto assets, closed a $16M Series A.
The round was led by Further Ventures, with participation from White Star Capital, Hashed, Semantic, Techstars, and Bpifrance, alongside new backers including Motive Partners, Wintermute, and Motier Ventures.
Following its $13M seed round in 2022, the company intends to use the funds to accelerate the distribution of its multichain wallet infrastructure in 2025.
Led by CEO Clarisse Hagège, Dfns is a provider of a wallets-as-a-service (WaaS) platform that helps fintechs, institutions, and enterprises worldwide simplify digital asset management and securely bring users into crypto. Its wallet APIs include wallet entitlement management (WEM) for workflow governance and a key deployment service (KDS) to manage multiple keys from one platform, ensuring global security, compliance, and regulatory standards.
Empowered by security and cryptography, Dfns serves as the reliable multichain wallet backend for players in banking, payments, trading, lending, and tokenization.
Used by clients like ABN AMRO, Fidelity, Zodia Custody, Bridge, Stripe, and more than 100 financial applications, it has created over 10 million wallets and secured $5 Billion in transactions.
FinSMEs
14/01/2025