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…
How Paxos Came to Be – Why Our Mission is to Build a New, Open Financial System
Paxos is building the foundation for a financial system where all assets, from money to commodities to securities, can be digitized and moved instantaneously. As the first regulated Trust company with blockchain expertise, we’re taking big, ambitious swings to make the financial system more open and inclusive—and to fix the legacy infrastructure that could exacerbate or even create the next financial crisis.
Women’s History Month: Paxos Highlights its Female Leaders
During Women’s History Month, Paxos celebrated some of its remarkable women driving impact across our company and products. These individuals have demonstrated strength, leadership, and commitment to excellence in a…
Fueling the Growth of Enterprise Blockchain Products
2020 was a year of uncertainty around the world, but Paxos has continued to grow and we have added 63 new team members. James Hartley, Director of Product Operations at…
Changing US Equities Markets with Blockchain Technology
After recent market activity led to institutional and retail brokerages restricting trading on highly volatile stocks like GameStop, the systemic risks caused by the legacy system of equities settlement was…
Full-Time Musician to Software Engineer: My Journey to Fintech
As a financial technology firm, Paxos has an ambitious mission to bring technology and product innovation to the regulated financial services industry. We’re building the bridge to an open, 24/7…
How Financial Firms are Integrating Crypto
Paxos hosted a virtual Master Class, “How Financial Firms are Integrating Crypto Offerings.” This was part of our Blockchain Impact series and was tailored for professionals seeking details on applying crypto solutions and blockchain tech to current and future products. Leaders from Paxos discussed the current state of crypto adoption in mainstream finance, the potential impact crypto can have on revenues and the fundamentals of enabling crypto.
Building Products that can Revolutionize Financial Services
In 2020, Paxos launched the Paxos Settlement Service, a blockchain-based network that allows two parties to bilaterally settle US listed securities trades directly with no intermediary. With the No-Action relief…