Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying …
Paxos
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Markets
Paxos Singapore Stablecoin Push Shows Yield Products Are Moving Into Regulated Wrappers
by shayaanby shayaanStablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move …
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Markets
Paxos BUSD Case Closure Gives Stablecoin Issuers A Rare Regulatory Relief Signal
by shayaanby shayaanPaxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector a rare piece …
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Paxos, a blockchain infrastructure company for digital assets, announced that its subsidiary, Paxos Securities Settlement Company (PSSC), received clearing agency registration from …
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Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alternative for traditional finance …
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In brief Paxos Securities Settlement Company has received SEC registration as a clearing agency. The registration allows Paxos to operate as a …
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Markets
Stablecoins can help businesses turn costs into revenue, Paxos Labs cofounder says
by shayaanby shayaanFirms using stablecoins can reshape margins by cutting costs, unlock credit and earn yield, but not every company needs to issue a …
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Paxos Labs has raised $12 million in a strategic funding round led by Blockchain Capital, with participation from Robot Ventures, Maelstrom, and …
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Paxos Labs has raised $12 million to solve what the project calls DeFi’s ‘product problem.’ Notably, Paxos Labs is a spin-off of …
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Finance
Gate Ventures flags cautious crypto rebound as Tether, Paxos and Binance push infrastructure
by shayaanby shayaanCrypto is trying to shake off “extreme fear” just as Hong Kong’s HKDAP stablecoin, Tether’s new wallet and big Binance-linked flows redraw …