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.
| Type | Private | |
| Founded | 2013 | |
| HQ | New York, NY, US | Map |
| Website | paxos.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Sept 2021) | 189 | (+5%) |
| Cybersecurity rating | A | More |
Key People/Management at Paxos
Charles Cascarilla
CEO & Co-Founder
Andrew Chang
COO
Patricia Kemp
Board Member
Sheila Bair
Board Member
Bill Bradley
Board Member
Jim Manzi
Board Member
Paxos Office Locations
Paxos has offices in New York, Singapore and London
New York, NY, US (HQ)
450 Lexington Ave #3952
London, GB
Mark Square
Paxos Financials and Metrics
Summary Metrics
Founding Date | 2013 |
Paxos total Funding | $535.3 m |
Paxos latest funding size | $300 m |
Time since last funding | 5 months ago |
Paxos investors | Canaan Partners, RRE Ventures, Oak HC/FT, Ben Davenport, RIT Capital Partners, Ken Moelis, Senator Investment Group, Solon Mack Capital, James Pallotta, Blockchain Capital, Digital Currency Group, Liberty City Ventures, Jay W. Jordan II, Raptor Group, Declaration Partners, Jay Jordan, Mithril Capital, Westcap, PayPal Ventures, Alua Capital |
Paxos's latest funding round in April 2021 was reported to be $300 m. In total, Paxos has raised $535.3 m. Paxos's latest valuation is reported to be $2.4 b.
Paxos Revenue
Market valuation | 2.4b |
- Source: TechCrunch - April 2021
Paxos Cybersecurity Score
Paxos Online and Social Media Presence
25.19k Twitter followers
Paxos has 25.19k Twitter Followers. The number of followers has increased 3.6% month over month and increased 29.8% quarter over quarter
Paxos's Trends
Twitter Engagement Stats for @PaxosGlobal
1.2k
Tweets
312
Following
25.2k
Followers
27
Tweets last 30 days
17.2
Avg. likes per Tweet
96.3%
Tweets with engagement
Paxos News and Updates
September 20, 2021
ABN AMRO Clearing to Join Paxos Settlement Service for Settling US Securities Trades
NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Paxos, the first regulated blockchain infrastructure platform, today announced ABN AMRO will become the sixth broker-dealer client to join the Paxos Settlement Service. Paxos Settlement Service is a private, permissioned blockchain solution...
August 24, 2021
Paxos renames its stablecoin from PAX to USDP
Paxos, the company behind the Paxos Standard stablecoin (PAX), has announced that it is changing the name of its crypto asset. Paxos Standard is now Pax Dollar, and you’ll soon be able to identify it on your favorite cryptocurrency exchange, wallet or explorer under the USDP ticker. Other than the n…
July 29, 2021
BofA and Coinbase join Paxos Series D round
Blockchain infrastructure platform Paxos has added Bank of America, Coinbase Ventures, Founders Fund and FTX to its recent $300 million Series D funding round.
July 29, 2021
Paxos Adds Bank of America, Coinbase Ventures, Founders Fund & FTX to Series D Funding Round
NEW YORK, July 29, 2021 /PRNewswire/ -- Paxos, the first regulated blockchain infrastructure platform, today announced it has added strategic investors including Bank of America, Coinbase Ventures, Founders Fund and FTX to its Series D round of funding. This follows the initial...
Paxos Blogs
September 22, 2021
Crypto 101: The History of Bitcoin and Cryptocurrency
This article is the first in a six-part series about the basics of crypto from Paxos. Stay tuned for more lessons on the world of blockchain and crypto markets. Bitcoin was first introduced as a concept with the 2008 publication of a groundbreaking whitepaper titled, ““Bitcoin: A Peer-to-Peer Electr…
September 22, 2021
Paxos Enables White Metals on Paxos Settlement Service for Commodities
NEW YORK and LONDON, Sept. 22, 2021 /PRNewswire/ — Paxos, the first regulated blockchain infrastructure platform, today announced it has enabled silver, platinum and palladium on the Paxos Settlement Service for commodities and now services all precious metals. Paxos is the first company to facilita…
September 13, 2021
Interactive Brokers Group Introduces Cryptocurrency Trading Through Paxos
Cryptocurrency commissions are a low 0.12% – 0.18% of trade value GREENWICH, Conn.–(BUSINESS WIRE)–Interactive Brokers Group (Nasdaq: IBKR), a global brokerage firm, today announces its launch of cryptocurrency trading, enabling clients to trade and custody Bitcoin (BTC), Ethereum (ETH), Litecoin (L…
September 13, 2021
Paxos Supports Interactive Brokers’ Journey into Crypto Markets
In the last year, the interest in cryptocurrencies has exploded. Now, more than ever, people want access to this new asset class through their trusted intermediaries. Sophisticated investors see the value in diversifying portfolios by tapping into new technology.
The post Paxos Supports Interactive …
September 09, 2021
How Paxos Powers Regulated Settlement for Mastercard’s New Payments Pilot, Now Live and Open for Business
Paxos' regulated blockchain infrastructure platform powers Mastercard's stablecoin settlement pilot.
The post How Paxos Powers Regulated Settlement for Mastercard’s New Payments Pilot, Now Live and Open for Business appeared first on Paxos.
September 01, 2021
Crypto is Growing Fast… And Compliance is Key to Accelerating that Growth
Regulation first. That has always been the sentiment throughout Paxos. It’s even more relevant as we build new products and scale our programs. Paxos set the stage for regulatory oversight in this market as we secured the first Limited Purpose Trust Company under the New York Department of Financial…
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 Patricia Kemp.
How many employees does Paxos have?
Paxos has 189 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.
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