Paxos is a regulated blockchain infrastructure company that was founded in 2012. The company is dedicated to building transparent and transformative financial solutions, aiming to create the foundation for the open financial system. With a focus on blockchain, financial services, and fintech, Paxos provides accessible blockchain infrastructure that is instantaneous and reliable, operating 24/7. Notable achievements include enabling crypto features for enterprises, launching the world’s first fully-regulated, asset-backed tokens (USDP & PAXG), and setting a new standard of efficiency for the settlement of securities. Paxos empowers today’s financial leaders to establish a more open and trusted economy. The company has garnered attention from leading organizations such as PayPal, Mercado Libre, Interactive Brokers, and Mastercard, showcasing its appeal and value within the industry. Recently, Paxos received a Corporate Round investment from MercadoLibre on 20th January 2022, indicating sustained interest and support from major players in the financial and tech sectors. In summary, Paxos has positioned itself as a key player in the blockchain and financial services realms, offering innovative and regulated solutions that cater to the evolving needs of the financial industry. With a focus on transparency and accessibility, Paxos's solutions have the potential to drive significant transformation within the financial services landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Corporate Round | Unknown | 1 | 20 Jan 2022 | |
Venture Round | $5.00M | 1 | Alameda Research | 01 Jan 2022 |
Series D | $300.00M | 9 | PayPal Ventures | 29 Apr 2021 |
Series C | $142.00M | 10 | PayPal Ventures, Ken Moelis +1 | 16 Dec 2020 |
Series B | $65.00M | 3 | Jay Jordan | 31 May 2018 |