Stellar Community Fund

By Dfns

Dfns Stellar Support

SCF #25

$25.0K

Legacy v5.0 Activation Award

Awarded

Dfns is a leading MPC wallet as a service platform, supporting banks, fintechs, tokenization platforms and more.

Products & Services

Dfns was founded in 2020 and raised $20m in funding by firms like ABN Amro, Figment, Coinbase SIG, Wintermute, Station F, Techstars and others. Today we over 30 people globally, largely on the security and engineering side, and support over 75 large fintechs, exchanges, payment platforms, decentralized applications. What we built is a secure and programmatic wallet as a service platform that leverages MPC technology, enabling developers at companies to deploy a secure wallet infrastructure via a single API integration so that they do not have to worry about the complexities of key management and/or key shares, so they can focus on their core product offer and user experience.

The market lacks a comprehensive platform for enterprise-grade wallets-as-a-service. While existing options cater to specific use cases like gaming and social apps, they prioritize features like fast logins and NFT capabilities. Instead, Dfns focuses on security, programmatic governance (policies, permissions, quorums, etc.) and composable deployments of keys and services leveraging TEEs (Trusted Execution Environments) and HSMs (Hardware Security Modules) that meet FIPS 140-3 standards.

At the heart of our offerings is our wallet development platform. It supports various interfaces like UI, API, SDK, and iFrame, giving teams the flexibility to manage both custodial and non-custodial wallets. This includes everything from treasury management to integrating wallets directly into user experiences. We empower organizations and applications to implement robust and secure wallets with broad capabilities while maintaining a seamless UX through familiar login methods like TouchID, FaceID, PIN code, password, or YubiKey.

As Board member of the MPC Alliance and the only web3 infrastructure company member of the W3C WebAuthn working group, Dfns stands out with top-tier auditors like Kudelski Security, Redacted and Deloitte, and a brilliant team of world-class cryptographers and security experts. This level of expertise and accreditation is rare in the industry.