The financial technology company Fordefi today announced an $18 million seed round, led by Lightspeed Venture Partners and joined by major crypto investors including the FTX-affiliated Alameda Research, Jump Capital, Castle Island, and Electric Capital.
Fordefi (pronounced “Fortify”), which emerged from stealth last week, is led by a founding team with serious crypto pedigree, including CEO Josh Schwartz, who previously ran global sales at BitGo and was COO at Curv. Fordefi’s first product is a DeFi-focused wallet built for institutional investors and crypto-native funds working with decentralized applications.
