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The Important Role of Stablecoins in DeFi
Understanding the Different Blockchain Types
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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.
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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
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Is Crypto Right for Your Business? Observations Based on Experience from Paxos
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.
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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
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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,
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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
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Welcoming Mike Dudas to Paxos and Our World of Stablecoins
I am excited to announce that Mike Dudas will join Paxos on February 9 as VP, Head of Stablecoin Business Development. We’ve known Mike for some
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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
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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.
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PAX Gold: The First Gold Token with More Than $100 Million in Market Cap
PAX Gold – the world’s first and only regulated, gold-backed digital asset – is the first gold token to surpass $100 million in total market capitalization.
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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
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Paxos Comment Letter to the Financial Crimes Enforcement Network of the US Treasury
On January 4, 2021, Paxos CEO and Co-Founder Charles Cascarilla submitted the following comment letter to the Financial Crimes Enforcement Network (FinCEN) in response to a Proposed Rule relating to unhosted digital wallets.
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How I got to work on the exchange that powers PayPal’s crypto offering
2020 has been a tremendous year for crypto, with prominent companies and investors jumping into the industry. PayPal is arguably one of the most important
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Paxos in 2020 – A Year in Review
This year, we helped bring crypto to hundreds of millions of users. We’re building financial market infrastructure for an open, digital economy. We closed out 2020 announcing that we raised $142 million in Series C funding, but we also hit many milestones along the way.
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Paxos Secures SOC 1 Type 2 Certification for PAX Stablecoin and Crypto Asset Custody
Paxos has achieved SOC 1 Type 2 Certification for our PAX Stablecoin and Crypto Asset Custody products.