Paxos is a financial technology company that leverages blockchain technology to modernize and simplify the financial infrastructure. Founded in 2012, Paxos aims to create a more efficient and equitable global financial system. The company operates primarily in the areas of digital asset custody, settlement, and tokenization, serving financial institutions and businesses.

Paxos offers a regulated platform that enables the seamless trading of digital assets, including cryptocurrencies like Bitcoin. Its flagship products include Paxos Standard (PAX), a stablecoin backed by the U.S. dollar, and a digital asset settlement service designed to streamline processes for trading firms. The company is committed to compliance and operates under a trust charter from the New York State Department of Financial Services, ensuring that its operations align with regulatory standards.

By focusing on transparency, security, and efficiency, Paxos is positioned to bridge the gap between traditional finance and the emerging digital asset ecosystem. Its mission is to empower businesses and consumers through innovative financial solutions that leverage the benefits of blockchain technology, ultimately fostering a more inclusive financial landscape.