About Us

Paxos is the first regulated blockchain infrastructure platform. Its products are the foundation for a new, open financial system that can operate faster and more efficiently. Today, trillions of dollars are locked in inefficient, outdated financial plumbing that is inaccessible to millions of people. Paxos is building a new system that allows assets to move instantaneously, anywhere in the world, at any time. 

 

Paxos uses technology to tokenize, custody, trade and settle assets for enterprise clients. It enables fintechs and financial institutions to offer crypto capabilities to their users through its Paxos Crypto Brokerage and Stablecoin as a Service products. It also offers settlement solutions for securities and commodities. Paxos clients include global enterprises PayPal, Credit Suisse, Societe Generale, StoneX and Revolut. Paxos is a top-funded blockchain company with more than $500 million in total funding from leading investors like OakHC/FT, Declaration Partners, Mithril Capital and PayPal Ventures. With offices in New York, London and Singapore, Paxos takes a global approach to modernizing the financial system.

What We Do

Crypto For Enterprises

Turnkey APIs to enable crypto capabilities and whitelabel stablecoins.

Crypto For Investors

Regulated tokenized assets and digital asset exchange to enable digital asset trading for institutions.

Settlement for Institutions

Blockchain-based settlement for securities and commodities.

Our History

Paxos takes a regulation-first approach to its products and services, always seeking the highest form of oversight and regulatory approvals. The company has pioneered many landmark accomplishments in the crypto and blockchain space:

  • 2012 | Launched the first regulated crypto exchange, itBit
  • 2015 | First company to secure a New York State Department of Financial Services Trust Charter for Digital Assets 
  • 2018 | Issued the world’s first regulated stablecoin, PAX
  • 2019 | Issued the world’s first regulated gold-backed token, PAX Gold
  • 2019 | First & only company to receive SEC permission to pilot using blockchain technology to settle stock trades 
  • 2021 | First crypto-native company to receive preliminary approval for a de novo national Trust Bank charter

Core Values

 

We hold ourselves to a high standard to impact the world in a positive way.

We operate by these principles:

Search for the Truth

We obsess over the right answers to the right questions

Real-Time Candor

We communicate directly and honestly with each other

Shared Commitment to Excellence

We are relentlessly self-improving

Be an Owner

We drive results, even outside our roles

Our Team

Charles Cascarilla

CEO & Co-Founder

Andrew Chang

COO

Rich Teo

Co-Founder & CEO Asia

Walter Hessert

Head of Strategy

Nick Selby

Chief Security Officer &         Director of IT    

Daniel Burstein

                General Counsel &                       Chief Compliance Officer   

Dorothy Chang

VP of Marketing & Comms

Our Board

Sheila Bair

Former Chairman of the FDIC, 2006-2011

TIME Magazine’s 100 Most Influential People

Consumer Federation of America’s Public Service Award

Bill Bradley

Managing Director of Allen & Company

Former U.S. Senator for New Jersey, 1979-1997

Former Chairman of the Senate Finance Committee

Patricia Kemp

Co-Founder & Managing Partner, Oak HC/FT

Former Venture Partner at Oak Investment Partners

Institutional Investor’s FinTech Finance 40 list

Jim Manzi

Chairman of the Board of Thermo Electron

Former Chairman, President, and CEO of Lotus 

Development Corporation, 1984-1995 (acquired by IBM)

Scott Malpass

Former Chief Investment Officer, University of Notre Dame

Board member, TIFF Investment Management

Board member, The Vanguard Group, Inc

Brian Stern

Partner with Declaration Partners LP 

Former Head of Strategic Investments at Stone Ridge 

Former Head of Private Markets at BlackRock

We’re Hiring!

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