Paxi

A record year for luxury property sales in the Greek market

Retrieved on: 
Thursday, September 8, 2022
International, CEO, Sale, Athens Riviera, Record, Sotheby's International Realty, Marketing, Auction, Tourism, Retail, Paxi, ATHENS, Syros

ATHENS, Greece, Sept. 8, 2022 /PRNewswire/ -- So far 2022 seems to be the Greek luxury real estate market's best year thanks to record-breaking transactions taking place both in regions attracting constant interest such as Mykonos, as well as in other parts of the country, such as Syros and Lefkada.

Key Points: 
  • This particular transaction amounts to approximately 4 times the value of the island's average transactions and comes to solidify Mykonos' rightfully held title as the flagship of Greek luxury real estate.
  • Other regions in the country are following the same path, such as Syros, Lefkada and Paxoi.
  • The latter not only garnered high interest but also saw very high transactions, with records being broken in quick succession.
  • Respectively, on the island of Lefkada, the historical record in sale value of a luxury property was broken not once, but twice, in 2022 with transactions reaching 4,1 and 5,4 million euros.

A record year for luxury property sales in the Greek market

Retrieved on: 
Thursday, September 8, 2022
International, CEO, Sale, Athens Riviera, Record, Sotheby's International Realty, Marketing, Auction, Tourism, Retail, Paxi, ATHENS, Syros

ATHENS, Greece, Sept. 8, 2022 /PRNewswire/ -- So far 2022 seems to be the Greek luxury real estate market's best year thanks to record-breaking transactions taking place both in regions attracting constant interest such as Mykonos, as well as in other parts of the country, such as Syros and Lefkada.

Key Points: 
  • This particular transaction amounts to approximately 4 times the value of the island's average transactions and comes to solidify Mykonos' rightfully held title as the flagship of Greek luxury real estate.
  • Other regions in the country are following the same path, such as Syros, Lefkada and Paxoi.
  • The latter not only garnered high interest but also saw very high transactions, with records being broken in quick succession.
  • Respectively, on the island of Lefkada, the historical record in sale value of a luxury property was broken not once, but twice, in 2022 with transactions reaching 4,1 and 5,4 million euros.

Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties

Retrieved on: 
Thursday, July 22, 2021
Articles, Technology, Finance, Fault-tolerant computer systems, Paxos, Commodity market, Paxi, Blockchain, Financial market, London Metal Exchange, Paxos Trust Company

NEW YORK & LONDON, July 22, 2021 /PRNewswire/ -- Paxos , the first regulated blockchain infrastructure platform, today announced it has launched the Paxos Settlement Service for commodities.

Key Points: 
  • NEW YORK & LONDON, July 22, 2021 /PRNewswire/ -- Paxos , the first regulated blockchain infrastructure platform, today announced it has launched the Paxos Settlement Service for commodities.
  • Paxos now facilitates the simultaneous settlement of cash and commodities trades, a first in the precious metals market.
  • Paxos Settlement Service is a multi-asset platform that is also live and settling trades on a daily basis in US equities markets.
  • The Paxos Settlement Service for commodities revolutionizes institutional settlement and opens this high-value market to more participants around the world."

Wedbush Securities Joins Blockchain-Based Paxos Settlement Service

Retrieved on: 
Thursday, June 17, 2021
Professional services, Technology, Other Technology, Finance, Banking, Internet, Articles, Finance, Technology, Paxos Trust Company, Fault-tolerant computer systems, Brokerage firms, Paxos, Stock market, Blockchain, Paxi, Wedbush Securities, Security

Wedbush Securities , one of the nations leading independent financial services providers, is pleased to announce it has joined the Paxos Settlement Service, the blockchain stock settlement network powered by Paxos Trust Company.

Key Points: 
  • Wedbush Securities , one of the nations leading independent financial services providers, is pleased to announce it has joined the Paxos Settlement Service, the blockchain stock settlement network powered by Paxos Trust Company.
  • Paxos Settlement Service is a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other.
  • The Paxos Settlement Service reduces risk, enables greater trading liquidity and provides ownership transparency, which will revolutionize securities markets.
  • Wedbush joins Credit Suisse, Instinet, Societe Generale and other leading US banks in the Paxos Settlement Service, which currently operates under No-Action Relief from the Securities and Exchange Commission staff.

Instinet And Credit Suisse Conduct Same-Day Settlement Of Traded Stocks In Historic First With Paxos Settlement Service

Retrieved on: 
Tuesday, April 6, 2021
Stock market, Fault-tolerant computer systems, Paxos Trust Company, Distributed algorithms, Paxos, Paxi, Finance, Money, Settlement, Security, Instinet, Microeconomics

NEW YORK, April 6, 2021 /PRNewswire/ -- Paxos Trust Company, a regulated financial market infrastructure provider, today announced Instinet and Credit Suisse settled US listed equities trades on a same-day settlement cycle (known as T+0) via Paxos Settlement Service.

Key Points: 
  • NEW YORK, April 6, 2021 /PRNewswire/ -- Paxos Trust Company, a regulated financial market infrastructure provider, today announced Instinet and Credit Suisse settled US listed equities trades on a same-day settlement cycle (known as T+0) via Paxos Settlement Service.
  • Paxos Settlement Service is a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other.
  • Paxos Settlement Service has been settling trades daily for more than a year, and is operating on the standard T+2 settlement timeframe.
  • For more information regarding the Paxos Settlement Service for U.S. equities, please contact the Paxos Securities team via [email protected] or visit www.paxos.com .

Paxos Raises $142 Million in Series C Funding

Retrieved on: 
Thursday, December 17, 2020
Articles, Computing, Fault-tolerant computer systems, Database models, Decentralization, Emerging technologies, Paxos, Blockchain, Information, Paxi, Draft:Paxos Trust Company

NEW YORK, Dec. 17, 2020 /PRNewswire/ --Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding.

Key Points: 
  • NEW YORK, Dec. 17, 2020 /PRNewswire/ --Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding.
  • To date, Paxos has raised more than $240 million in funding.
  • Charles Cascarilla, CEO and Co-Founder of Paxos, commented, "In the last year, global adoption of crypto and blockchain-based solutions by enterprises has accelerated.
  • Paxos will continue investing in developing enterprise-grade infrastructure solutions while deepening its commitment to regulation, reliability and security.

Societe Generale Begins Settling U.S. Securities Trades through Paxos Settlement Service

Retrieved on: 
Wednesday, September 9, 2020
Computing, Fault-tolerant computer systems, Finance, Money, Financial markets, Paxos, Paxi, Blockchain, U.S. Securities and Exchange Commission, Broker-dealer, Draft:Paxos Trust Company

Paxos Settlement Service is a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other.

Key Points: 
  • Paxos Settlement Service is a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other.
  • Paxos is operating the service under No-Action relief from the staff of the U.S. Securities and Exchange Commission (SEC).
  • The Paxos Settlement Service can reduce ongoing costs associated with settlement and unlock capital tied up in the legacy settlement system.
  • Paxos can operate the Paxos Settlement Service with a total of seven broker-dealer clients under No-Action relief.

Nexo Purchases $5M in PAX Gold (PAXG) as BitGo Adds Support for Paxos’ Gold Token

Retrieved on: 
Thursday, December 12, 2019
Professional services, Data management, Technology, Finance, Venture capital, Networks, Banking, Cryptocurrencies, Computing, Digital technology, Concurrent computing, Blockchains, Paxos, Ethereum, BitGo, Paxi, Draft:Paxos, Nexo, Paxos, BitGo

Powered by Paxos, the regulated gateway between digital and traditional assets, PAXG is a digital token on the Ethereum blockchain.

Key Points: 
  • Powered by Paxos, the regulated gateway between digital and traditional assets, PAXG is a digital token on the Ethereum blockchain.
  • Each token represents one ounce of premium, institutional-grade gold: Good Delivery gold held in London-based Brinks vaults.
  • Paxos is also announcing that BitGo now provides support for PAXG across its institutional-grade hot and cold wallet solutions.
  • Paxos strategy lead Walter Hessert also commented on the recent development:
    We are excited about BitGos support and to see that the Nexo community is so interested in PAX Gold.

Paxos Releases Fiat Gateway Solution and APIs

Retrieved on: 
Tuesday, November 12, 2019
Distributed algorithms, Fault-tolerant computer systems, Binance, Paxi, Paxos, Stablecoin, Cryptocurrency exchange, Apis, Exonumia, Financial technology, Money, Draft:Paxos

Binance, the leading global cryptocurrency exchange and blockchain ecosystem, will be the first to integrate its new Fiat Gateway solution.

Key Points: 
  • Binance, the leading global cryptocurrency exchange and blockchain ecosystem, will be the first to integrate its new Fiat Gateway solution.
  • "The new Fiat Gateway is the fastest, simplest U.S. dollar on/off ramp for our customers.
  • The new Paxos Developer Portal hosts more information about all Paxos APIs and solutions, including:
    Fiat Gateway - A solution that enables customers to easily swap between dollars and stablecoins issued by Paxos, including both Paxos Standard (PAX) and Binance USD (BUSD).
  • For more information regarding Paxos APIs, contact [email protected] or visit www.paxos.com/APIs for more information on how to start the implementation process.

Paxos Receives No-Action Relief From SEC Staff To Settle U.S. Listed Securities

Retrieved on: 
Monday, October 28, 2019
Economy, Money, Finance, Financial markets, Brokerage firms, Paxos, Security, Settlement, Broker-dealer, Paxi, Draft:Paxos

Following the No-Action letter, the innovative blockchain settlement platform will soon begin processing transactions for a limited number of broker-dealers for certain listed U.S. equity securities.

Key Points: 
  • Following the No-Action letter, the innovative blockchain settlement platform will soon begin processing transactions for a limited number of broker-dealers for certain listed U.S. equity securities.
  • Paxos Settlement Service is a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other.
  • It allows for the simultaneous exchange of cash and securities to settle trades and is backward-compatible with current processes, simplifying integration.
  • For more information regarding the Paxos Settlement Service for U.S. equities, please contact the Paxos Securities team via [email protected] or visit www.paxos.com .