Paxos is upgrading clearing and settlement to meet the speed and efficiency of trading. Starting in the US with Street-side US equities settlement, Paxos has built a platform designed to alleviate market participants’ core concerns with the legacy infrastructure they rely upon today. Our solution, Paxos Settlement Service, is built with the latest technology and modern thinking about how financial infrastructure should operate.
A year ago, the New York Department of Financial Services (NYDFS) approved the only regulated gold-backed digital asset - PAX Gold. Today, we’re excited to celebrate a year of growth of PAX Gold - along with the announcement that it is now available on Gemini!
Paxos Trust Company, a New York-regulated financial institution that digitizes and mobilizes assets, today announced Societe Generale is the third broker-dealer client using Paxos Settlement Service to settle U.S. listed equity trades.
BUSD is the first 1:1 US dollar-backed white-label stablecoin that is approved by a regulator.
We’re excited to announce that PAX Gold is now available on BlockFi, a leading wealth management platform for crypto investors. Starting today, you can deposit PAX Gold in a BlockFi Interest Account (BIA), with an initial annual percentage yield (APY) at 4% on your holdings. Through BlockFi, you can also trade between PAX Gold and other assets like BTC, ETH, LTC and PAX.
Revolut US customers can buy and sell Bitcoin Cash and Litecoin. Revolut US now offers access to the popular assets Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).