Abu Dhabi - Sharikat Mubasher: Further Ventures, the venture arm of Abu Dhabi’s largest sovereign wealth fund, ADQ, led a $16 million series A round for Dfns, the leading wallets-as-a-service (WaaS) platform for crypto assets.

Several existing investors such as White Star Capital, Hashed, Semantic, Techstars, and Bpifrance, participated in the round alongside new investors including Motive Partners, Wintermute, and Motier Ventures, Dfns announced in a recent statement.

This round will enable Dfns to accelerate the distribution of its multichain wallet infrastructure in 2025, focusing on expanding adoption among banks, payment services, trading platforms, investment apps, tokenization projects, government and corporate treasuries, and fund administrators, with an emphasis on the EU, UK, UAE, and US markets.

According to CEO Clarisse Hagège, Dfns aims to grow its team from 25 to 35 employees by the end of 2025, while delivering world-class infrastructure for its fintech clients.

“They demand bank-grade security, smarter transaction management, direct integrations, and better user and developer experiences. This is what we do best, and it’s what we’ll keep delivering,” Hagège added.

Dfns has a reputation for transparency, reliability, and security, with trust-building initiatives: industry-leading certifications, regulatory licenses, robust insurance, independent audits, and partnerships with global leaders.