Paxos 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; and a blockchain settlement service for unallocated gold.

Employee Rating

4.1More
TypePrivate
HQLondon, GB
Founded2013
Size (employees)92 (est)
Websitepaxos.com
Paxos was founded in 2013 and is headquartered in London, GB
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Key People/Management at Paxos

Charles Cascarilla

Charles Cascarilla

CEO and Co-Founder
Andrew Chang

Andrew Chang

COO
Rachel Nelson

Rachel Nelson

Associate General Counsel and Chief Compliance Officer
Thomas Eagan

Thomas Eagan

EVP and Global Head of Securities Business
Peter Chae

Peter Chae

EVP and Global Head of Finance and Accounting
Rajesh Nair

Rajesh Nair

VP of Engineering
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Paxos Office Locations

Paxos has offices in London and New York
London, GB (HQ)
1 Wework Mark Square
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Paxos Financials and Metrics

Summary Metrics

Founding Date

2013

Paxos total Funding

$93.3 m

Paxos latest funding size

$65 m

Time since last funding

8 months ago

Paxos investors

Paxos's latest funding round in May 2018 was reported to be $65 m. In total, Paxos has raised $93.3 m
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Paxos Online and Social Media Presence

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Paxos News and Updates

Paxos Standard Crosses $5B In Transactions In First 3 Months

NEW YORK, Dec. 13, 2018 /PRNewswire/ -- Paxos® announced today that its Paxos Standard™ token (PAX™) has been used for over $5 billion worth of transactions in its first three months since launch. Paxos Standard has become the second most widely traded stablecoin with three times the...

Paxos To Partner With BitPay, Global Bitcoin Payment Service

NEW YORK, Nov. 20, 2018 /PRNewswire/ -- Paxos® today announced that the Paxos Standard™ token (PAX™) is now integrated with BitPay as a settlement option for BitPay merchants. By settling transactions in PAX, merchants and businesses globally can have access to the fastest growing stable...

Paxos Standard™ Quickly Achieves Global Adoption By Over 20 Top Crypto Exchanges And OTC Desks

NEW YORK, Oct. 15, 2018 /PRNewswire/ -- Paxos® today announced that the Paxos Standard™ token (ticker symbol PAX) has achieved the fastest, widest institutional adoption of any digital asset, with support from over 20 top global exchanges and OTC desks within one month since its launch....

Binance lists Paxos Standard token (PAX)

NEW YORK, Sept. 21, 2018 /PRNewswire/ -- Paxos today revealed that Binance, currently the world's largest crypto exchange by trading volume, has announced it will list our Paxos Standard token (ticker symbol PAX). The listing of PAX on Binance signifies a growing and immediate demand for...

Paxos launches stablecoin

Blockchain startup Paxos has secured approval from New York regulators to launch a US dollar-pegged...

New York regulator approves Winklevoss, Paxos dollar-linked tokens

New York state on Monday approved Gemini Trust Company's and Paxos Trust Company's dollar-linked digital currencies, the first stablecoins to get the nod from the region's regulator.
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Paxos Blogs

PAX Weekly Updates – January 16, 2019

Today, we are excited to announce that we will be jump-starting a new initiative to share weekly updates on Paxos activity in an effort to bring more transparency into this space. We believe the power of stablecoin lies in its ability to facilitate transactions, so we aim to share with the community…

Regulation in the Crypto World, Part I: Leading the Way into the Light

At Paxos, we believe in the power of crypto and blockchain to transform the way value and assets move around the world. We also understand that operating within the world of finance means that in order to enable that transformation, we must adhere to regulation. We’ve seen a lot of companies (from M…

Paxos Standard Crosses $5B in Transactions in First 3 Months

The first regulated stablecoin marks 3 months with record-breaking growth and global adoption. NEW YORK – December 13, 2018 – Paxos® announced today that its Paxos Standard™ token (PAX™) has been used for over $5 billion worth of transactions in its first three months since launch. Paxos Standard ha…

itBit Now Offers ETH Trading – and ZERO Trading Fees in December

We’re happy to announce that itBit customers can now start trading Ethereum (ETH) through the itBit exchange, both at itbit.com and via our FIX & REST APIs. ETH is now available for trading against all other fiat currencies currently listed on the exchange: USD, EUR and SGD. This is the first ti…

Binance Lists PAX as a Base Currency

We’re excited to share that Binance, the world’s largest crypto exchange, has now added the Paxos Standard (PAX) stablecoin as a base currency. PAX is the first regulated stablecoin to be a base currency on Binance, giving traders a trusted alternative to Tether (USDT). What is a base currency and w…

Paxos to Partner with Bitpay, Global Bitcoin Payment Service

We are excited to announce that the Paxos Standard token (PAX) is now a settlement option for BitPay merchants around the world. BitPay is the first and most experienced company in bitcoin payments and we’re thrilled they have chosen PAX to incorporate into their merchant-facing product. BitPay merc…
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Paxos Company Life and Culture

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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 Rachel Nelson.

  • How many employees does Paxos have?

    Paxos has 92 employees.

  • Who are Paxos competitors?

    Competitors of Paxos include Bitfinex, Bitstamp and BitPay.

  • Where is Paxos headquarters?

    Paxos headquarters is located at 1 Wework Mark Square, London.

  • Where are Paxos offices?

    Paxos has offices in London and New York.

  • How many offices does Paxos have?

    Paxos has 2 offices.