Paxos is a Stablecoin Issuers company founded in 2012 and based in New York, United States. It has raised $535.3M in total funding, most recently a Series D in 2021 at a $2.4B valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Apr 29, 2021 | Series D | $300M | $2.4B | Oak HC/FT |
| Dec 17, 2020 | Series C | $142M | — |
| Declaration Partners |
| May 31, 2018 | Series B | $65M | — | Liberty City Ventures, RRE Ventures, Jay Jordan |
| May 8, 2015 | Series A | $25M | — | RRE Ventures, Liberty City Ventures |
| Nov 11, 2013 | Seed | $3.3M | — | Canaan Partners, RRE Ventures |
No articles ingested yet for Paxos. Once the hourly news pipeline is live, every article the classifier tags as mentioning this company appears here with its one-line AI summary and sentiment.
A regulated U.S. dollar-backed stablecoin issued by Paxos Trust Company under oversight by the OCC. USDP maintains a 1:1 peg to the USD with reserves held 100% in cash and cash equivalents in segregated, bankruptcy-remote accounts. Built for enterprises and financial institutions, it enables instant, low-cost payments and settlements on the blockchain while meeting the highest regulatory standards including the forthcoming GENIUS stablecoin framework.
A tokenized gold asset where each PAXG token represents one fine troy ounce of a London Good Delivery gold bar held in custody by Paxos Trust Company. PAXG offers a lower cost structure than traditional gold ETFs and LBMA bars, with zero storage fees and a low minimum purchase amount. It lets investors hold physical gold on the blockchain with monthly attestation reports published for transparency.
A white-label stablecoin issued by Paxos Trust Company on behalf of PayPal. PYUSD is a U.S. dollar-denominated, readily redeemable stablecoin designed for payments and commerce within the PayPal ecosystem. Built on Paxos' regulated infrastructure, it uses the same 100% reserve model and bankruptcy-remote custody as USDP, with monthly public attestations of its reserve assets.
No recently verified openings are available right now. The company's careers page has the latest.
View all careers ↗