Paxos, founded in 2012 and headquartered in New York City, New York, United States, has raised $535 million and reached a $2.4 billion valuation. The company provides blockchain-based settlement and payments infrastructure for financial institutions, enabling secure, real-time, and transparent post-trade settlements. Backed by Alua Capital Management and Senator Investment Group, Paxos reduces counterparty risk, improves balance sheet efficiency, and automates financial processes. Its platform supports capital markets, digital assets, and enterprise blockchain solutions worldwide.