What is Paxos?
Paxos is at the forefront of revolutionizing financial markets by developing regulated blockchain and tokenization infrastructure. The company's core mission is to enable the instant, trustworthy movement of any asset to anyone, leveraging its prudentially regulated solutions. This strategic focus positions Paxos as a key player in the digital asset space, facilitating secure and efficient transactions.
How much funding has Paxos raised?
Paxos has raised a total of $535.3M across 5 funding rounds:
Other Financing Round
$3.3M
Series A
$25M
Series B
$65M
Series C
$142M
Series D
$300M
Other Financing Round (2013): $3.3M with participation from Ben Davenport, Liberty City Ventures, and RRE Ventures
Series A (2015): $25M led by Raptor Group, RRE Ventures, Solon Mack Capital, Liberty City Ventures, and James Pallotta
Series B (2018): $65M supported by Liberty City Ventures, Jay Jordan, and RRE Ventures
Series C (2020): $142M featuring Senator Investment Group, Alua Capital, Declaration Partners, PayPal, Inc., RIT Capital Partners plc, MITHRIL CAPITAL PLC, and Ken Moelis
Series D (2021): $300M backed by PayPal, Senator Investment Group, Oak HC/FT, Declaration Partners, and MITHRIL CAPITAL
Key Investors in Paxos
Raptor Group
Raptor Group is an investment firm that backs founders across venture capital, growth equity, and public markets, focusing on long-term partnerships with companies shaping consumer, technology, sports, and media.
Oak HC/FT
Oak HC/FT is a venture growth-equity fund investing in Healthcare Information & Services and Financial Services Technology, providing strategic counsel and access to an extensive network of industry leaders.
Declaration Partners
Declaration Partners LP is an investment company founded in 2017, providing private equity, financial services, and investment management.
What's next for Paxos?
The substantial enterprise-level backing and recent strategic investment indicate Paxos is poised for significant scaling and further development of its innovative financial market infrastructure. This capital infusion is expected to accelerate the expansion of its regulated solutions, potentially leading to broader adoption of its tokenization technology and enhanced capabilities for asset movement. The company's trajectory suggests a continued focus on regulatory compliance and technological advancement to solidify its position in the evolving digital finance landscape.
See full Paxos company page
