Paxos
Paxos
Legal namePaxos Trust Company LLC
CreationDec. 31, 2012
RegulationNew York Department of Financial Services (DFS) License & Monetary Authority of Singapore Payment Institution license & Abu Dhabi Global Market (ADGM)
Locations Al Sarab Tower - Al Maryah Island - Abu Dhabi Global Market Square - Abu Dhabi - United Arab Emirates 450 Lexington Ave, New York, NY 10017, USA
Description
Paxos is a regulated blockchain infrastructure and tokenization platform. It is the issuer of numerous regulated digital assets including PayPal USD (PYUSD), Pax Dollar (USDP) and Pax Gold (PAXG).
Paxos is a top-funded fintech company created in 2012, with more than $540 million raised from leading investors including Oak HC/FT, Declaration Partners, Founders Fund, Mithril Capital and PayPal Ventures. More than 300 hundreds employees are currently working for Paxos.
Paxos Trust Company holds a license and got its products authorized for trading by New York Department of Financial Services (DFS).
Two entities of Paxos are registered as Major Payment Insitution in Singapore :
- Paxos Global PTE. LTD. (Cross-border Money Transfer Service & Digital Payment Token Service)
- Paxos Digital Singapore PTE. LTD. (Digital Payment Token Service)
Two entities of Paxos are regulated by FSRA in the Abu Dhabi Global Market:
- Paxos Middle East Ltd (Providing Custody & Dealing in Investments as Agen)
- Paxos Issuance MENA Ltd (Providing Money Services)
Assets 2
| Name | Asset types | Asset classes | AUM | Blockchains | Platforms | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Pax Gold PAXG Type Gold AUM $ 543,864,595 Platform Paxos |
Gold |
$ 543,864,595 |
|
Paxos |
||||||
Lift Dollar USDL Type USD Yield-bearing Stablecoin AUM $ 48,340,679 Platform Paxos |
USD Yield-bearing Stablecoin |
$ 48,340,679 |
|
Paxos |