Paxos

Paxos

...

LOCATION: New York, New York, United States

FOUNDED_DAY: 1994

LEGAL_STRUCTURE:

About

FOUNDED_DAY:

1994

OPERATING_STATUS:

ACTIVE

LAST_FUNDING_TYPE:

Series D - Paxos

Paxos is a New York-regulated financial institution on a mission to create a global, frictionless economy. By building infrastructure to enable the movement between physical and digital assets, Paxos is creating a future where all assets—from money to commodities to securities—are digitized and can move instantaneously, 24/7. Today, as the first regulated Trust company for digital assets, Paxos technology makes it possible to tokenize, custody, trade and settle assets. Paxos products include: Post-Trade Confirmation Service, which has been used to confirm over $1 trillion commodities and FX trades; Paxos Standard (PAX), the world's most liquid regulated stablecoin; Paxos Settlement Service, a private, permissioned blockchain designed to settle securities between two parties bilaterally and more. With offices in New York, London and Singapore, Paxos takes a global view of modernizing the financial system.
FINANCIALS

LEAD_INVESTMENTS:

3

INVESTMENTS:

34

Funding Rounds:

6

Total Funding Amount:

$538.5M

Lead Investors:

3

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