Regulated blockchain infrastructure for enterprises.
Paxos is a regulated blockchain and tokenization infrastructure platform founded in 2012 (originally as itBit) by Charles Cascarilla and Rich Teo. The company operates as a trust company regulated by the NYDFS and OCC. Paxos provides enterprises with infrastructure for stablecoin issuance (USDG, USDP, PAXG, PYUSD for PayPal), crypto brokerage, stablecoin payments, and asset tokenization. PayPal uses Paxos infrastructure to build blockchain-based financial products. The company has raised over $500 million in funding.
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