Mux
Paxos joined the Unicorn Club on Apr 29, 2021 after raising a $300M Series D funding round led by Oak HC/FT, valuing it at $2.4B. Screenshot of the website of Paxos Blockchain-based settlement solutions for financial institutions. It features a blockchain settlement platform for post-trade settlements across capital markets, solutions for payments, money movement, settlement, and more. The platform reduces counterparty risk and increases balance sheet efficiencies, real-time tracking and transparent audibility, and process automation. Key facts about Paxos Founded Year: 2012 Location: New York City (United States) Stage: Series D Primary Sector: Cryptocurrencies Time to Unicorn: 9 years 3 months Top investors : Alua Capital Management, Senator Investment Group Valuation: $2.4B as on Apr 29, 2021 Total Funding till date: $535M Employee Count: 201 - 500 as on Jul 01, 2024 Latest Funding Round: Series D, Jan 21, 2022