Vision
Open the world’s financial system to everyone
Mission
Enable the instant movement of any asset to anyone in a trustworthy way
CEO + Co-Founder
Charles Cascarilla
Funding
$500M +
Established
2012
Remote First
Work anywhere
2015
Regulated as a trust company
Paxos received the first limited purpose trust charter for digital assets from the NYDFS in 2015, pioneering new models of regulatory oversight in the digital asset space . As a Trust under NYDFS, all aspects of Paxos operations were overseen
2022
Licensed as a major payments institution
Paxos also has regulatory oversight by the Monetary Authority of Singapore and is licensed as a major payments institution. In 2022, Paxos was the first US-based blockchain infrastructure platform to secure the license.
2025
Federal Oversight
Paxos Trust Company NA became a trust overseen at the national level by the OCC, setting us up for the next era of digital asset regulation with GENIUS-ready oversight of issuance, custody and more.
Regulation and transparency
Technology built within global regulatory structures
As a regulated financial institution, Paxos maintains a deep commitment to stringent risk management and due diligence practices.
We publish monthly reserve reports on Paxos-issued digital assets to ensure full transparency and reliability of our financial data.
Oversight from financial and industry experts
Paxos’ corporate activities and performance are overseen by an independent Board of Directors
