Paxos Raises $142 Million in Series C Funding
Retrieved on:
Thursday, December 17, 2020
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.