Paxos


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Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement

Credit Suisse, Instinet and Societe Generale are also part of the program, which is meant to shrink stock settlement times to hours, not days.

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Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats

The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.

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Sen. Sherrod Brown Urging the OCC to Reassess Crypto Trust Charters

Ohio Senator Sherrod Brown wrote a letter to Acting Comptroller of the Currency Michael Hsu, urging the OCC to reassess the trust charters granted to three crypto companies: Paxos, Anchorage, and Protego. CoinDesk's Nik De breaks down what we know so far about Brown's letter.

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Senate Banking Chairman 'Concerned' by OCC's Crypto Charters

Sherrod Brown specifically pointed to the OCC trust charters granted to Paxos, Protego and Anchorage.

U.S. Sen. Sherrod Brown

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Market Wrap: Ether Climbs, Pushing Past 'Musk Dip' as Crypto Volatility Increases

Investors are buying and no longer panicking.

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Bank of America Joins Paxos Network Eyeing Same-Day Stock Trade Settlement

The Paxos Settlement Service uses blockchain technology to speed up the process of completing transactions.

Bank of America

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Paxos Joins Crypto Unicorn Club After Latest $300M Funding Raise

After a massive funding round, Paxos has joined the crypto unicorn club that generated $300 million, valuing the company at $2.4 billion. “The Hash” panel discusses what Paxos’ plans are to use with the capital and what Paxos’ success means for the broader crypto ecosystem.

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Paxos Raises $300M, Joins Crypto Unicorn Club at $2.4B Valuation

The back-end provider for PayPal and Venmo is raising “confidence capital” to expand operations, said CEO Charles Cascarilla.

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Paxos Becomes the Third Federally Regulated ‘Crypto Bank’

Paxos has received preliminary approval from the OCC to form a national trust bank, making it the third such “crypto bank” to be nationally regulated. Paxos’ General Counsel Dan Burstein joins “First Mover” to discuss what it means to become a crypto bank and if it will affect its partnership with PayPal.

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Paxos Becomes Third Federally Regulated Crypto 'Bank'

Paxos earns a provisional trust charter through the U.S. Office of the Comptroller of the Currency.

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