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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
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.
In 2021, Paxos will double the size of its team. We have a robust pipeline of sales opportunities and an ambitious product roadmap – these
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.
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.
Trustworthiness is critical to our business success at Paxos. We believe that by becoming a trusted, regulated, audited infrastructure provider, we can offer the highest levels of safety, protection and security for our clients. We’ve spent years building this oversight and regulatory stack.
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.
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
Blockchain technology is about combining fundamental cryptographic primitives to build useful, trusted features like transfers and asset issuance. Defining a secure signing scheme for multi-signature
Cryptocurrencies, or crypto, is a burgeoning, fast-paced and constantly evolving asset class. We witnessed companies that recently launched crypto services benefit from increases in top-line revenues, company valuation, user engagement, and customer retention. Before your business dives in to capture these advantages, we want to help answer some of the most commonly asked questions from companies inquiring about crypto. We hope this perspective can also help empower your company’s strategy moving forward.
Paxos is First Company to Secure SOC 2 Type 2 Certification Across Suite of Crypto Products and Services
Includes PAX Stablecoin, PAX Gold, Crypto Asset Custody and the itBit by Paxos Crypto Exchange Trustworthiness is a key pillar of Paxos, our products and
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,
Trust is fundamental to the success of both crypto and blockchain. Hear from my perspectives on what it takes to build tomorrow’s financial infrastructure.
Cryptocurrency is becoming an inevitable part of the financial system. The largest companies and central government entities are now invested too.