Dfns has raised $160.6 million in new funding, securing significant investment capital to advance its Wallets-as-a-Service (WaaS) platform. This substantial capital infusion will support the company's mission to simplify digital asset management and power onchain services at scale. Dfns provides a programmable wallet platform that integrates transaction management, workflow governance, key orchestration, and third-party integrations into a secure operating system for blockchains.
The platform enables a range of critical onchain services, including custody, payments, trading, tokenization, and banking, all built on advanced security and cryptography. Since its founding in 2020, Dfns has established itself as a leading provider, trusted by over 300 financial institutions and applications such as ABN AMRO, Broadridge, Fidelity, and Stripe. The company currently secures over $5 billion in monthly transactions.
This latest funding round follows an earlier $30 million raised from global investors including Further Ventures, White Star Capital, and Coinbase. The new $160.6 million investment underscores investor confidence in Dfns's technology and its potential to scale digital asset infrastructure for a growing market.
Dfns plans to use the newly secured funds to accelerate its growth initiatives, further develop its platform capabilities, and expand its global operational footprint. The company, originally incubated by Techstars and Station F in Paris, now operates with teams across the US, Europe, the Middle East, and Asia.
Looking ahead, Dfns aims to continue enhancing its Wallets-as-a-Service offering, supporting the increasing demand for secure and scalable digital asset management solutions across various industries. This investment positions Dfns to strengthen its market leadership and drive innovation in the evolving digital asset landscape.
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