Paxos, a NYC-based regulated blockchain infrastructure platform, added strategic investors including Bank of America, Coinbase Ventures, Founders Fund and FTX to its Series D round of funding.
This follows the initial announcement of $300m in Series D funding on April 29, 2021, led by Oak HC/FT with participation from previous investors Declaration Partners, PayPal Ventures, Mithril Capital and more.
To date, Paxos has raised more than $540m in funding.
Led by Charles Cascarilla, CEO and Co-Founder, Paxos provides uses technology to tokenize, custody, trade and settle assets and builds enterprise blockchain solutions for institutions like PayPal, Bank of America, Credit Suisse, Societe Generale and Revolut.
With offices in New York, London and Singapore, Paxos will continue investing in the growth and development of enterprise-grade infrastructure solutions.
FinSMEs
02/08/2021