Crypto Wallets Series A

Dfns

Institutional-grade wallets-as-a-service powering secure onchain finance

Available in 8 countries Last verified: Mar 2026
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Founded
2020
Users
250+ enterprise clients
Total Funding
$29.5M
Employees
50-80

🏢 Company Overview

Headquarters
Paris, France
Funding Stage
Series A
Total Funding
$29.5M
Users
250+ enterprise clients
Pricing
Paid
Rating
★ 4.8
AML Compliant GDPR No

ℹ️ About Dfns

Dfns is a Wallets-as-a-Service (WaaS) platform that enables fintechs, banks, and enterprises to create, manage, and embed digital asset wallets at scale through a unified API-driven infrastructure.

Founded in 2020 and headquartered in Paris, Dfns uses multi-party computation (MPC) cryptography to eliminate single points of failure in private key management.

The platform has created over 15 million wallets, secures $20 billion in digital assets, and processes over $1 billion in monthly transfers across 100+ blockchains.

Dfns operates as a B2B developer platform — not an end-user wallet. It provides programmable policy engines, passkey-based WebAuthn authentication, and flexible deployment options including SaaS, hybrid cloud, and on-premises configurations with HSM integration.

Clients include Zodia Custody (Standard Chartered), Paxos, Fidelity, IBM, and ABN AMRO.

The company holds SOC 2 Type II, ISO 27001, ISO 27017, and ISO 27018 certifications and is registered as a Digital Asset Service Provider (DASP) with France's AMF. Insurance coverage is provided by Munich Re and Beazley for cyber crime, errors and omissions.

⚡ Key Features

MPC-based multi-chain wallet creation via API
Programmable policy engine with quorum controls
Passkey WebAuthn authentication with biometric support
On-premises and hybrid HSM deployment options
Automated transaction broadcasting with pre-built payloads
Granular role-based permission and entitlement matrix

💪 Strengths & Weaknesses

4 Pros 3 Cons
💪
Strengths
What it does well
Zero hacks since launch
Supports 100+ blockchain networks
Flexible SaaS and on-prem deployment
Bank-grade SOC 2 and ISO certified
⚠️
Weaknesses
Areas to improve
Enterprise-focused, not consumer-facing
No native mobile app available
Pricing scales with wallet volume

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🔗 External Resources

🌍 Available In

8 countries
United States France United Kingdom Germany United Arab Emirates Singapore South Korea Brazil
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