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Since 2010, the equivalent of $150 billion in bitcoin has disappeared, and attacks on crypto wallets continue to grow exponentially. In 2022, cryptojacking attacks reached a record total of 139.3 million, surpassing 100 million annual incidents for the first time according to Sonicwall.
This proliferation of threats highlights the need for robust solutions to protect digital assets. DFNS, a cybersecurity startup, created by Christopher Grilhault des Fontaines and Clarisse Hagège, responds to this problem with innovative technology.
At the heart of the DFNS solution is a technological infrastructure designed to meet the growing challenges of securing digital assets. The startup operates the MPC (Multi-Party Computation)an advanced technology that breaks access keys into fragments distributed across multiple secure environments. This approach eliminates the risk of compromise through a single point of vulnerability, while ensuring optimal availability and flexibility.
DFNS offers a platform Wallet-as-a-Service (WaaS) which allows fintechs and financial institutions to create, integrate and manage multi-chain digital wallets in a simple and automated way. Its compatibility with major blockchains, coupled with a granular governance policy management system, ensures interoperability and regulatory compliance with standards such asEU DORA and theUS FISMA.
Security is enhanced by features such as:
- Biometric and passkey authentication : to prevent loss of keys and protect user access.
- Secure backup and recovery mechanisms : allowing customers to restore their keys in the event of an incident, without compromising confidentiality.
- A multi-level API : offering both simplicity for standard transfers and full control for complex transactions, such as interactions with smart contracts.
With guaranteed availability at 99.95% and processing capacities reaching 10 signatures per secondDFNS combines performance, stability and resilience. These technical assets make the solution a powerful tool for companies wishing to secure and manage their digital assets while minimizing risks and complexity.
DFNS’ SaaS product is used by clients such as Scrypt, Polymath, and Mt Pelerin, a licensed Swiss crypto bank. Sébastien Krafft, CTO of Mt Pelerin, highlights: “DFNS provides one of the most secure and easiest to integrate technologies. Their responsiveness to our needs was exemplary. »
A series A to accelerate its international development
DFNS has just finalized a fundraising of 15 million euros during a Series A led by a group of investors including WINTERMUTE VENTURES, WHITE STAR CAPITAL, SUSQUEHANNA INTERNATIONAL GROUP (SIG), SEMANTIC VENTURES, MOTIVE PARTNERSor even MOTIER VENTURES.
