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SEC Grants Paxos Historic Approval to Clear and Settle US Equities on Blockchain

Paxos has become the first blockchain-native firm to receive full SEC approval as a registered clearing agency, setting the stage for same-day settlement in traditional capital markets. SEC Opens Wall…

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Paxos Labs Raises $12M to Launch Amplify Digital Asset Suite for US Platforms

Paxos Labs has closed a $12 million strategic funding round led by Blockchain Capital and launched Amplify, a product suite that lets platforms turn digital asset holdings into active financial…

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Moonpay, M0, and Paypal Launch ‘PYUSDx’ to Power Application-Specific Stablecoins

Moonpay and the universal stablecoin platform M0 have introduced PYUSDx, a framework that allows developers to launch their own branded stablecoins backed by Paypal USD (PYUSD). Announced on February 27,…

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Circle, Ripple, Bitgo, Fidelity, and Paxos Conditionally Approved for National Trust Banks

Federal regulators moved crypto deeper into U.S. banking as the OCC conditionally approved five digital-asset trust banks, signaling growing confidence in federally supervised crypto custody, payments and blockchain-based financial services.…

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Paxos Acquires Fordefi to Enhance Institutional Crypto Custody Infrastructure

Paxos strengthens its blockchain infrastructure by acquiring Fordefi, a multi-party computation (MPC) wallet technology provider trusted by nearly 300 global institutions. Paxos has announced the acquisition of Fordefi, a New…

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Onchain Analyst: Long-Sleeping Bitcoin Whale Resurfaces, Shifting 2,300 BTC to Paxos Wallet

On Monday, onchain analyst Emmett Gallic spotted a heavyweight bitcoin whale making waves after dropping 2,300 BTC into a Paxos-tagged deposit address. Despite that hefty move, the whale is still…

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3-Way Push for USDH: Paxos, Agora, and Frax Pitch Stablecoin Infrastructure to Hyperliquid

This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder emphasizing regulatory posture, distribution, and how yield from reserves would…

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