Paxos

Paxos is a regulated blockchain infrastructure company building transparent and transformative financial solutions.

General Information
Company Name
Paxos
Founded Year
2012
Location (Offices)
New York, United States +1
Founders / Decision Makers
Number of Employees
308
Industries
Blockchain, Crypto, Financial Services +1
Funding Stage
Corporate Round
Social Media

Paxos - Company Profile

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.

Taxonomy: regulated blockchain infrastructure, financial solutions, transparent, transformative, open financial system, crypto features, asset-backed tokens, settlement of securities, trusted economy, PayPal, Mercado Libre, Interactive Brokers, Mastercard

Funding Rounds & Investors of Paxos (7)

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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

View All 7 Funding Rounds

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