Paxos

Paxos is a regulated blockchain infrastructure company specializing in digital asset custody, settlement, and stablecoins. Originally founded in 2012 as itBit (a Bitcoin exchange), the company rebranded to Paxos and launched products like Paxos Standard (USDP stablecoin) and Paxos Gold (tokenized gold). Paxos provides services that power crypto offerings for PayPal, Revolut, and other fintechs, and its technology was used to clear securities trades on a blockchain. By bridging traditional finance with crypto, Paxos aims to modernize financial market plumbing.

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Overview

Company type

Fintech

Company industry

Financial services

Location

NY, USA

Company size

200+

Funding

Series D

Founded

2012

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