This is the third in a series on how Paxos is building institutional-grade brokerage infrastructure. In our first post, we introduced our upgraded multi-venue order routing, and in the second, we explored what it means to deliver best execution in crypto. 

Here, we look at how we expand asset coverage at the same pace our partners' clients demand it, without lowering the bar.

Where asset coverage starts, and how it grows

As financial institutions evaluate crypto brokerage infrastructure, the asset question comes early: how many do you support, and which ones?

This year we've put real investment behind our assets: so far, we’ve more than doubled our supported asset list to 25, and we're aiming to cover much of the top 50¹ tokens based on market cap by year end. We started with the assets our partners' clients are actually trading and have expanded deliberately from there, across major networks and their token standards, including Ethereum (ERC-20), Solana (SPL), and native L1 assets. The up-to-date list of assets is always in our docs.

The institutions we work with need a partner who can expand coverage as their clients' demand evolves, and who can do it in a way they can defend to their own compliance teams and regulators. Demand gets an asset on our radar. Liquidity and regulatory clarity get it onto the platform. Every asset clears the same structured review before it goes live, the same review we operate under as an OCC-regulated national trust bank, with a standard that hasn't moved as we've scaled.

What changed in 2026 is how quickly we can apply that standard across more assets. Three investments made the difference, each one extending our coverage in a different direction while holding the same bar.

Reach across new chains

Supporting a token on a new chain starts with custody infrastructure built for that chain, held to the same security standard as every asset already on the Paxos platform. That foundation is built on Paxos’ robust protections and processes, which operate under OCC supervision, and augmented through our acquisition of Fordefi, an institutional-grade multi-party computation (MPC) wallet platform supporting more than 90 chains.

The same rigor we apply to custody of BTC and ETH now extends across far more chains, so the assets your clients want next are far more likely to be ones we can already custody to that standard. Tokens like DOGE, SUI, and the next wave of L1 assets reaching the platform through the rest of 2026 are built on this foundation.

For partners who want self-custodial options for certain assets, we can work together through Fordefi to find the right structure for your requirements.

Liquidity that scales with coverage

For your clients, a new token is only as good as the execution behind it: orders filled at scale, consistently, without meaningful slippage. That takes liquidity depth across market conditions, which is why depth is one of the bars an asset clears before we list it.

We significantly expanded our network of external liquidity providers in 2026, adding counterparties who quote across a wider range of assets with multi-venue smart routing by default. A new token comes onto the platform with access to that network from the day it goes live, so we can stand behind institutional execution quality from the start.

A higher bar for asset listing standards

Behind every asset is an expert review of its legal classification, the protocol's track record, and its regulatory history. We've invested in tooling to support our deep research and surface the regulatory, technical, and market data for each asset so our compliance experts can spend their time reviewing and challenging it. 

That same investment carries through once an asset is live. Each supported asset on Paxos Crypto Brokerage stays under ongoing supervision, with continuous monitoring for protocol vulnerabilities, regulatory developments, and shifts in market structure. Transaction monitoring, blockchain analytics, and Travel Rule reporting come online with each new chain from day one. If an asset's status changes materially, we have defined escalation paths and tell partners before the change reaches their clients.

When institutions work with us, they’re putting their regulatory standing alongside ours, backed by an OCC national trust bank charter and a 14-year record. With these investments, when they ask about a new token, we can move. And we do it on infrastructure that their compliance teams and regulators can stand behind. 

What’s next 

We'll keep publishing supported assets in our docs as we add them. If there's an asset that matters to your clients and we don’t support it yet, we want to have that conversation.

If you're a bank, broker-dealer, or asset manager evaluating your crypto brokerage infrastructure, we're glad to show you how we approach regulatory-minded expansion. Reach out to your Paxos account team or contact us here.

 ¹ Top 50 assets according to CoinMarketCap (CMC).