Parfin

Parfin offers a comprehensive suite of services designed for the secure management and trading of digital assets. The company’s platform includes features such as a Crypto as a Service platform, which supports treasury and portfolio management for asset managers and trading desks. It also provides a digital asset custody solution specifically built for institutional use, which is compatible with a permissioned layer 0 blockchain and supports Ethereum Virtual Machine (EVM). Parfin has successfully raised $22 million in funding and reported a trading volume of $300 million over the past year. The platform is cloud-native, operating across major providers like AWS, Azure, and Google Cloud, and employs an API-first approach with a micro-services architecture. Additionally, Parfin offers a world-class monitoring framework, robust and scalable infrastructure, and advanced security features including MPC Custody with SOC 2 Type II certification by EY. The company’s technology stack includes MPC, HSM (FIPS 140-2 Level 3), and Secure Enclave Computing (Intel SGX and AWS Nitro). Parfin ensures compliance with GDPR (LGPD) and FATF guidelines and integrates transaction monitoring with native KYT through a partnership with Elliptic. Their services are available 24/7, backed by cybersecurity monitoring and transaction fees starting at 25 basis points with a minimum commitment.