Paxos — Valuation, Funding & Investors

Paxos builds regulated blockchain infrastructure that enterprises use to issue, custody, and settle digital assets, and it has issued multiple U.S. dollar-backed stablecoins including PayPal USD, Pax Dollar, and Global Dollar, as well as the gold-backed PAX Gold token and a crypto brokerage service used by partners such as PayPal and Revolut. All Paxos-issued digital assets are backed 1:1 and held in accounts protected from bankruptcy, with issuance overseen by regulators.

Founded in 2012 as the itBit bitcoin exchange by Charles Cascarilla and Rich Teo, Paxos is headquartered in New York City with offices in London and Singapore, and in 2015 it received the first limited-purpose trust charter for digital assets granted by the New York State Department of Financial Services.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Paxos.

Often trade at a premium or discount to NAV.

Platforms match existing holders with buyers. Paxos availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — Paxos included.

Lead investors for each round are in the funding timeline.

The closest regulated crypto/blockchain financial infrastructure (stablecoins, custody, brokerage) peers are on the competitors page.

The routes section explains what is realistically available for a company at this stage.

No. Paxos is a private company; its shares do not trade on a public exchange.

The last valuation is $2.4B.