Paxos





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Paxos New York, NY, USA

Paxos is building a future where all assets鈥攆rom money to gold to securities鈥攚ill be digitized and can move instantaneously, 24/7. Settlement risk will cease to exist, so trillions of dollars of trapped capital can go to work in a global, frictionless economy.

Products include:

  • Paxos Standard (PAX) is a digital dollar and the world鈥檚 first regulated crypto asset. This stablecoin is backed 1:1 by dollars and offers a liquid, digital alternative to cash that is available 24/7 for instantaneous transaction settlement around the world. Launched in September 2018, it鈥檚 the most traded USD-backed stablecoin.
  • itBit is a crypto-asset exchange. We also offer related trading services including escrow, custody and OTC trading.
  • Post-Trade: Based in London, our Post-Trade team works on a broad suite of products to simplify post-trade confirmations for precious metals, other commodities and FX markets. The team launched Paxos Confirmation Service in late 2018 and has already confirmed well over 100,000 trades with aggregate notional values in the hundreds of billions of dollars.