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.) (Sept 2021)189(+5%)
Cybersecurity ratingAMore

Key People/Management at Paxos

Charles Cascarilla

Charles Cascarilla

CEO & Co-Founder
Andrew Chang

Andrew Chang

COO
Patricia Kemp

Patricia Kemp

Board Member
Sheila Bair

Sheila Bair

Board Member
Bill Bradley

Bill Bradley

Board Member
Jim Manzi

Jim Manzi

Board Member
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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
Mark Square
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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

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.
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Paxos Revenue

Market valuation

2.4b
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Paxos Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Paxos Online and Social Media Presence

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Paxos News and Updates

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...

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…

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.

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...
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Paxos Blogs

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…

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…

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…

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 …

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.

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…
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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 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.