Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties

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.

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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…

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Societe Generale Begins Settling U.S. Securities Trades through Paxos Settlement Service

Paxos Trust Company, a New York-regulated financial institution that digitizes and mobilizes assets, today announced Societe Generale is the third broker-dealer client using Paxos Settlement Service to settle U.S. listed equity trades.

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PAX Gold is Now Available on BlockFi — Earn Interest on Your Gold

We’re excited to announce that PAX Gold is now available on BlockFi, a leading wealth management platform for crypto investors. Starting today, you can deposit PAX Gold in a BlockFi Interest Account (BIA), with an initial annual percentage yield (APY) at 4% on your holdings. Through BlockFi, you can also trade between PAX Gold and other assets like BTC, ETH, LTC and PAX.

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