Paxos Raises $300 Million in Series D Funding at $2.4 Billion Valuation
Paxos Raises $300 Million in Series D Funding at $2.4 Billion Valuation
Why a Decade-Long Career in Investment Banking Sent me to the Crypto Industry
In 2021, Paxos will double the size of its team. We have a robust pipeline of sales opportunities and an ambitious product roadmap - these dynamics present exciting new challenges…
The Five Attributes of Money, Part II: Openness, the Attribute that Matters Most
Of the five main attributes of money, openness is the most important one because it dictates the limit on how many participants comprise the network and therefore how much utility that network can serve. Today’s modern fiat banking system is the dominant system, yet it is still closed to billions of people around the world. Society stands to gain advantages in access, autonomy, privacy, greater innovation and lower fee structures with a more open system system.
Regulation Can Foster Innovation, It’s Just a Matter of Perspective
Many people think regulation suffocates innovation in well-established markets, but that’s not the belief at Paxos. When you’re trying to build a new product in an existing, complex market, regulation can actually foster innovation.
INSTINET AND CREDIT SUISSE CONDUCT SAME-DAY SETTLEMENT OF TRADED STOCKS IN HISTORIC FIRST WITH PAXOS SETTLEMENT SERVICE
Settlement Occurred During Pilot Test Under No-Action Relief from SEC Staff Paxos to Apply for Formal Clearing Agency License from the SEC NEW YORK — April 6, 2021 — Paxos…