OverviewSuggest Edit

Paxos Trust Company is a financial technology company delivering blockchain solutions for global financial institutions. It offers Bankchain, a blockchain settlement platform that streamlines post-trade market infrastructures and back office processes across capital markets, as well as a blockchain settlement service for unallocated gold.

TypePrivate
Founded2013
HQNew York, NY, US
Websitepaxos.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Jan 2021)146(+6%)
Cybersecurity ratingBMore

Key People/Management at Paxos

Charles Cascarilla

Charles Cascarilla

CEO & Co-Founder
Andrew Chang

Andrew Chang

COO
Dorothy Chang

Dorothy Chang

VP of Marketing & Comms
Nick Selby

Nick Selby

Chief Security Officer & Director of IT
Seth Phillips

Seth Phillips

Executive Director of Post-Trade
Rich Teo

Rich Teo

Co-Founder & CEO Asia
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Paxos Office Locations

Paxos has offices in New York, Singapore and London
New York, NY, US (HQ)
450 Lexington Ave #3952
London, GB
1 Mark Square, Shoreditch
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Paxos Financials and Metrics

Summary Metrics

Founding Date

2013

Paxos total Funding

$235.3 m

Paxos latest funding size

$142 m

Time since last funding

a month ago

Paxos investors

Paxos's latest funding round in December 2020 was reported to be $142 m. In total, Paxos has raised $235.3 m
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Paxos Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Paxos Online and Social Media Presence

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Paxos News and Updates

American Express takes stake in crypto trading platform FalconX; Paxos raises $142 million

American Express is joining the crypto trading gold rush with an investment in institutional digital asset platform FalconX

PayPal joins a major investment round in ‘plug-and-play’ crypto firm Paxos

Paxos has flown below the radar, but is building a new era of financial infrastructure.

Paxos Raises $142M Series C Following PayPal Deal, OCC Bank Charter Application

Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.

PayPal’s Cryptocurrency Partner Paxos Raises $142 Million

Early bitcoin firm Paxos emerged as an industry leader today, raising one of the largest rounds of venture capital in crypto, backed in part by payments giant Payal, which is also their partner.

Paypal’s Crypto Partner Paxos Raises $142 Million From Carlyle Billionaire David Rubenstein And Others

Early bitcoin firm Paxos emerged as an industry leader today, raising one of the largest rounds of venture capital in crypto, backed in part by payments giant PayPal, which is also their partner.

Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter

Paxos has filed to become a federally regulated bank with the U.S. Office of the Comptroller of the Currency, joining BitPay and Anchorage.
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Paxos Blogs

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. The post PAX Gold: The First Gold Token with More Than $100 Million in Market Cap appeared first on Paxos.

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 intermediary. With the No-Action relief from the staff of the US SEC, Paxos is now settling listed equities for Credit Suisse, I…

Paxos Adopts Chainlink Oracles to Further Adoption of PAX and PAXG in DeFi

Paxos Adopts Chainlink Oracles to Further Adoption of PAX and PAXG in DeFi The post Paxos Adopts Chainlink Oracles to Further Adoption of PAX and PAXG in DeFi appeared first on Paxos.

PYMNTS: Blockchain Unchained – Paxos CEO Sees Expanded Role for Token-Basked Digital Assets

The post PYMNTS: Blockchain Unchained – Paxos CEO Sees Expanded Role for Token-Basked Digital Assets appeared first on Paxos.

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. The post Paxos Comment Letter to the Financial Crimes Enforcement Network o…

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 forces by making crypto available to millions of Americans. What’s it like to power such an exciting product? Paxos Engineering Manager Shai Boro…
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Paxos Frequently Asked Questions

  • When was Paxos founded?

    Paxos was founded in 2013.

  • Who are Paxos key executives?

    Paxos's key executives are Charles Cascarilla, Andrew Chang and Dorothy Chang.

  • How many employees does Paxos have?

    Paxos has 146 employees.

  • Who are Paxos competitors?

    Competitors of Paxos include Coinbase, BitPay and Bitstamp.

  • Where is Paxos headquarters?

    Paxos headquarters is located at 450 Lexington Ave #3952, New York.

  • Where are Paxos offices?

    Paxos has offices in New York, Singapore and London.

  • How many offices does Paxos have?

    Paxos has 3 offices.