TLDR Crypto · INNOVATION & LAUNCHES

SOLANA WELCOMES INSTITUTIONAL MPC WALLET

blockworks.co2 min read

Summary from the TLDR Crypto newsletter

Fordefi, an institutional multi-party computation wallet company, is expanding to Solana and offering its wallet solution to applications and protocols on the chain. Fordefi's MPC wallets provide advanced security features and policy management tools tailored for institutions, allowing multiple parties to access the same wallet without revealing personal information. The platform uses transaction simulations and policy engines to define the approval process for institutions, accommodating the often-lengthy institutional approval process.