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Paxos, the first regulated blockchain infrastructure platform, today announced it has launched the Paxos Settlement Service for commodities. Paxos now facilitates the simultaneous settlement of cash and commodities trades, a first in the precious metals market.
Paxos powers the only safe, regulated and liquid stablecoins that are always 100% backed 1:1 by US Dollars. Paxos has a primary regulator and is held to higher standards than other operators. Licensing and registration does not equal regulation.
Paxos attended and sponsored the Bitcoin 2021 conference in Miami, which took place in early June. A wide swath of crypto-interested people attended – beyond retail investors, many financial services companies attended as well, all eager to learn more about the crypto space.
Paxos has been named to Forbes’ FinTech 50 list, which recognizes the most innovative, privately-held startups based in the US.
In April, Paxos raised $300 million at a valuation of $2.4 billion in its series D investment round. As one of the fastest growing fintech startups, Paxos continues to accelerate…
NEW YORK, May 27, 2021 -- Paxos, the first regulated blockchain infrastructure platform, today announced it has added Patricia Kemp, Co-Founder and Managing Partner of Oak HC/FT, and Scott Malpass,…
It continues to break records and has expanded its leadership position as the largest, most liquid gold-backed digital token. Earlier this month, PAXG surpassed 125,000 tokens and reached a total market capitalization of nearly a quarter-billion dollars. That represents a more than 400% increase in total token supply in only a year’s time.
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