FinTechFunding

Paxos: Raises $300M in Series D Funding; at $2.4 Billion Valuation

  • Paxos, a NYC-based regulated blockchain infrastructure platform, closed a $300m Series D round of funding
  • The round was led by Oak HC/FT with participation from previous investors Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures, WestCap and more
  • The company, which has raised more than $500 million in funding and valued at $2.4 billion
  • Paxos is a regulated blockchain infrastructure platform that allows assets to move instantaneously, anywhere in the world, at any time
  • The company uses technology to tokenize, custody, trade and settle assets. It offers crypto solutions for enterprises, crypto trading and settlement solutions for securities and commodities
  • The company has offices in New York, London and Singapore
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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