Paxos

https://paxos.com

https://x.com/Paxos

https://www.linkedin.com/company/paxos

https://www.crunchbase.com/organization/paxos

custodian

Paxos

Paxos is a New York–based financial technology company that provides regulated blockchain infrastructure for enterprises, including products for stablecoin issuance and payments, as well as crypto brokerage and custody/trading infrastructure. (paxos.com)

Overview

Paxos positions itself as a platform that helps institutions tokenize, custody, trade, and settle assets using blockchain rails, aiming to modernize financial-market “plumbing” (payments, settlement, and asset movement). (help.paxos.com)

Regulation and corporate status (as described by Paxos and public references)

• Paxos states that it received a limited purpose trust charter from the New York State Department of Financial Services (NYDFS) (noted on its website timeline as occurring in 2015). (paxos.com)
• Wikipedia describes the firm as a limited purpose trust company and notes its history beginning as itBit, with Paxos founded in 2012 and based in New York City. (en.wikipedia.org)

Notable products and assets

Paxos’ website lists a suite of “regulated, fully-backed digital assets,” including: (paxos.com)

• Pax Dollar (USDP) — a USD-backed stablecoin. (paxos.com)
• Pax Gold (PAXG) — a token backed by physical gold held in LBMA vaults (per Paxos’ product description). (paxos.com)
• PayPal USD (PYUSD) — Paxos documentation describes PYUSD as a fully backed USD-denominated stablecoin designed for payments and issued by Paxos. (docs.paxos.com)

Official web presence (as provided)

text Website: https://paxos.com X (Twitter): https://x.com/Paxos