The Good Tech Companies - Fordefi Unveils First Institutional-Grade MPC Wallet For DeFi On Sui

Episode Date: August 28, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/fordefi-unveils-first-institutional-grade-mpc-wallet-for-defi-on-sui. Chainwire--Fordefi bri...ngs institutional-grade security to the Sui Network. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #sui, #chainwire, #press-release, #sui-announcement, #crypto-exchange, #layer1-blockchain, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Fordefi brings institutional-grade security to the Sui Network. Sui is the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling. Fordefi’s integration with Sui enables institutional users to securely self-custody their private keys and connect to thousands of dApps.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Fortify unveils first institutional-grade MPC wallet for DeFi on Sway. By Chainwire, Grand Cayman, Cayman Islands, August 28, 2024, Chainwire, Fortify brings institutional-grade security to the Sway network. Sway, the Layer 1 blockchain offering industry leading performance and infinite horizontal scaling, announced that it has joined forces with Fortify, a company that employs multi-party computation technology to deliver a secure institutional wallet platform for DeFi. Fortify's comprehensive platform and Web3 gateway provide an enterprise-grade solution
Starting point is 00:00:41 enabling builders, traders, and operators to self-custody their private keys, seamlessly connect to thousands of decentralized applications DAPPs across any blockchain, and manage digital asset operations with granular policies and a unified interface. Fortify's integration with Sway enables institutional users to 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. The platform also offers customizable policies to protect workflows and consolidates all digital asset operations into a unified interface, providing a comprehensive
Starting point is 00:01:25 and user-friendly asset management solution. Greater than Sway's scalable, secure platform is uniquely suited to meet the demands of greater than institutional users, said Gap Kim, Global Head of Marketing for Sway Foundation. By providing a secure, institutional-grade custody solution and greater than seamless access to DeFi features, 4DeFi empowers asset managers, trading greater-than firms, and exchanges to fully leverage Sway's capabilities, enhancing the Sway greater-than ecosystem and driving further adoption. Greater-than-greater-than, with this collaboration 4DeFi becomes the first institutional-grade custody solution to offer convenient access to DeFi functionalities on the Sway blockchain.
Starting point is 00:02:11 This integration benefits asset managers, trading firms, exchanges, and other institutional entities by providing a reliable and secure wallet as a service. Greater than, we are excited to add support for Sway Network, said Josh Schwartz, CEO and greater than co-founder of 4DeFi. Enabling our MPC wallet on Sway network ensures that greater than institutional clients can now benefit from secure self-custody and seamless greater than DAP integration while accessing Sway DeFi. We look forward to the evolution greater than of this partnership. Contact Sway Foundation Media at sway.io. Tip this story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story,
Starting point is 00:02:50 read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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