Fintech Company Paxos Raises $65M in Series B Funding

Paxos, a New York, NY–based fintech company, closed a $65m Series B financing.

The round was led by existing investors including Liberty City Ventures, RRE Ventures, Jay Jordan and others.

The company, which has raised a total of $93m in capital to date, is using the new resources to scale operations and expand adoption of its platform both in the equities and precious metals market.

Led by Charles Cascarilla, CEO, and Andrew Chang, COO, Paxos provides a blockchain-powered settlement platform that that can both digitize an asset and settle a trade in the precious metals and securities asset classes.



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