Dfns is a leading Wallets-as-a-Service (WaaS) platform that offers a wallet infrastructure for digital assets. The secure 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. With an API-first approach, Dfns simplifies digital asset management and has become popular for configuring, automating, and orchestrating digital asset applications. It serves as a reliable multichain wallet backend for top players in banking, payments, trading, lending, and tokenization. Notably, Dfns has created over 10 million wallets and has secured $5 billion in transactions with zero hacks or lost keys. The company's clients include ABN AMRO, Fidelity, Zodia Custody, Bridge, and Stripe. Founded in 2020 in France, Dfns has received a considerable amount of attention and investment. It has raised a total of $28M from a notable group of investors including White Star Capital, Motive Partners, Bpifrance, Coinbase, Semantic, Wintermute, Figment, Motier, Hashed, 6MV, and Susquehanna. The latest investment was a $16.00M Series A round on 18 December 2024, with participation from Hashed, ADQ, Motier Ventures, Motive Partners, Yolo Investments, White Star Capital, Further Ventures, Wintermute Ventures, Frederic Montagnon, and Susquehanna International Group (SIG). Dfns' ability to attract such reputable investors and its impressive client roster demonstrates its potential for future growth within the Blockchain, Crypto, Fintech, Payments, and SaaS industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $16.00M | 10 | Wintermute Ventures, Frederic Montagnon +1 | 18 Dec 2024 |
Seed Round | €4.00M | 1 | Wintermute Ventures | 01 Aug 2023 |
Seed Round | $13.50M | 9 | Susquehanna, ABN AMRO Ventures | 13 Apr 2022 |
Pre Seed Round | €905.00K | 7 | Rand Hindi, Julien Bouteloup +1 | 01 Dec 2020 |
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