Tag: paxos

Mar 02 2021

Ernst and Young Grants SOC 2 Type II Certification to Paxos

The certification covers Paxos’ custody, exchange and stablecoin product platforms.

Feb 23 2021

Paxos’s Chad Cascarilla: How Blockchain Tech Could Prevent Another GameStop/Robinhood

Feb 23 2021 Published at Unchained Podcast under tags  2021 banks bitcoin blockchain cbdc

In this episode of Unchained, Chad Cascarilla, CEO and cofounder of Paxos, explains how the 2008 financial crisis led him to crypto, what financial plumbing has to do with GameStop, and how Paxos is leveraging blockchain technology to change financial services. In this episode Chad discusses: his work experience prior to Paxos and...

Feb 03 2021

The Block Founder Mike Dudas Takes Stablecoin Role at Paxos

Feb 03 2021 Published at CoinDesk under tags  business paxos stablecoins

The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business.

Jan 25 2021

Stablecoins and Types of Stablecoins

Jan 25 2021 Published at Altcoin Buzz under tags  ampl crypto education dai dgx paxos

The demand for stablecoins has been constantly growing in the crypto ecosystem. If cryptocurrencies have to be used as mode of payment, price stability would be the most important parameter. This is where stablecoins like Tether come into picture. Stablecoins have been created to replicate the role of fiat currencies built on blockchain. Stablecoins derive their value from the underlying collateral. Depending on...

Jan 14 2021

Paxos adopts Chainlink oracles to further adoption of PAX and PAXG tokens

Jan 14 2021 Published at CryptoNinjas under tags  chainlink paxos strategic integration

Paxos, a crypto brokerage and infrastructure platform, today announced it is now working with Chainlink to leverage its market-leading decentralized oracle network. This will boost the adoption of the USD-backed stablecoin Paxos Standard (PAX) and the gold-backed token PAX Gold (PAXG) within the Decentralized Finance (DeFi) ecosystem—a parallel financial system built on the blockchain which allows users to permissionlessly buy and sell financial...

Paxos Makes Fresh Push for DeFi Market With New Oracle Integration

Jan 14 2021 Published at CoinDesk under tags  chainlink pax paxg paxos tech

Fresh off its partnership with PayPal, Paxos is making a new push into the decentralized finance market.

Dec 17 2020

Blockchain infrastructure firm Paxos raises $142M in Series C Funding

Dec 17 2020 Published at CryptoNinjas under tags  capital raising paxos

Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, led the round, which includes investments from Mithril Capital, PayPal Ventures, RIT Capital Partners plc, Ken Moelis, Alua Capital, Senator Investment Group, and more. Previous Paxos investors also participated...

P2P Bitcoin Marketplace Startup Paxos Raises $142 Million in Series C Led By PayPal

Dec 17 2020 Published at Coingape under tags  blockchain news btcbusd btcdai btcgbp btcjpy

Paxos, a New York-regulated financial institution offering a peer-to-peer bitcoin marketplace...

Paxos Raises $142M Series C Following PayPal Deal, OCC Bank Charter Application

Dec 17 2020 Published at CoinDesk under tags  business mithril paxos paypal venture capital

Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.

Dec 10 2020

Paxos and BitPay Want to Become US National Bank

If approved, these crypto companies can bypass the uneven state laws.

Dec 09 2020

Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter

Dec 09 2020 Published at CoinDesk under tags  news occ paxos policy & regulation

Paxos has filed to become a federally regulated bank with the U.S. Office of the Comptroller of the Currency, joining BitPay and Anchorage.

Dec 08 2020

Charles Cascarilla: PayPal Whisperer

PayPal pumped excitement into the bitcoin market this year. And on the back- end of every purchase is Charles Cascarilla's Paxos.

Nov 13 2020

Chad Cascarilla on Paxos’s Partnership With PayPal

Nov 13 2020 Published at Unchained Podcast under tags  2020 banks bitcoin blockchain cbdc

Paxos CEO and cofounder Chad Cascarilla discusses his company's partnership with PayPal, which just opened up its crypto purchase and selling product to all its US customers. In this episode, he covers: how Paxos enables PayPal's crypto product the regulatory...

Oct 27 2020

You Can Now Buy Crypto Through PayPal

Popular payments service PayPal now allows its United States-based to users to buy and sell cryptocurrency through their PayPal wallet. The fact that PayPal is now supporting crypto purchases will make entering the crypto space easier than ever before and it is going to remove a lot of the bottlenecks regarding buying and selling cryptocurrency. Next year, this service will also be available...

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