Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $300 million Series D round of funding. Paxos has raised more than $500 million in funding and with a valuation of $2.4 billion.
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Paxos Is Making Headlines
A financial crisis triggered by a global pandemic has exposed underlying problems on Wall Street and the market as a whole. That's according to Paxos chief executive officer Charles Cascarilla.
On July 29, 2021, Paxos added strategic investors including Bank of America, Coinbase Ventures, Founders Fund and FTX to its Series D round of funding.
Interactive Brokers (IBKR) – one of the largest online trading brokerages with more than $360B in assets under custody – is launching crypto access for their US customers in partnership with Paxos.
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