New York, United States
Paxos, founded in 2012, is a prominent player in the Blockchain and Fintech industries, renowned for its regulatory-compliant blockchain infrastructure designed to revolutionize financial systems. Offering a solution to the constraints of traditional financial systems, Paxos aims to provide instantaneous and reliable asset transactions globally.
The company is making significant strides by collaborating with major enterprises such as PayPal, Interactive Brokers, Mastercard, Mercado Libre, and Nubank. As a compliant issuer of digital assets like PayPal USD (PYUSD), Pax Dollar (USDP), and Pax Gold (PAXG), Paxos maintains a strong regulatory standing under entities such as the OCC in the US, MAS in Singapore, and FIN-FSA in Europe.
With over $500 million in funds raised from investors like Oak HC/FT, Declaration Partners, Founders Fund, and PayPal Ventures, and a recent investment by Mercado Libre Fund in January 2022, Paxos is strategically positioned for future growth and innovation in the fintech sector.
Billon
