Paxos is a regulated blockchain infrastructure company founded in 2012, dedicated to enabling the instant, secure, and trustworthy movement of assets. Headquartered in New York, with global offices in Singapore and London, Paxos is one of the few blockchain firms operating under comprehensive regulatory oversight. It holds a trust charter from the New York Department of Financial Services and is licensed as a major payments institution by the Monetary Authority of Singapore.
The company offers a robust suite of blockchain-powered financial products designed for enterprise use. Its key offerings include:
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Pax Dollar (USDP): A 1:1 U.S. dollar-backed stablecoin, built on public blockchains such as Ethereum and Solana.
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PayPal USD (PYUSD): A stablecoin developed in partnership with PayPal, aimed at enabling fast and efficient digital payments.
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PAX Gold (PAXG): A tokenized asset backed by physical gold, giving investors access to gold markets through blockchain technology.
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Lift Dollar (USDL): A yield-generating stablecoin introduced for non-U.S. markets, designed to offer passive earnings while maintaining stability.
In addition to digital assets, Paxos provides a crypto brokerage and custody platform, a fully regulated exchange (itBit), and blockchain-based settlement services for securities and commodities. These offerings make Paxos a critical bridge between traditional finance and decentralized technologies.
Paxos is trusted by leading global financial institutions, including PayPal, Mastercard, Revolut, Credit Suisse, and Mercado Libre. The company has raised over $500 million from top investors such as Founders Fund and PayPal Ventures, reinforcing its credibility and ambition.
