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Full-Time

Business Development Senior Manager

Tokenized Assets

Confirmed live in the last 24 hours

Paxos

Paxos

201-500 employees

Blockchain-based financial services and digital assets

Crypto & Web3
Fintech

Senior

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Marketing
Requirements
  • Strong experience selling B2B enterprise technology into domestic and global enterprises
  • Experience building in regulated environments
  • Experience building in a fast moving and dynamic industry
Responsibilities
  • Forge close partnerships with Product, Engineering, Solutions Engineering, Product Marketing, Legal and Finance teams to conceptualize and bring to market innovative product solutions.
  • Develop comprehensive go-to-market strategies in collaboration with cross-functional partners, establishing clear direction, goals, timelines and milestones for product development.
  • Navigate regulatory landscapes in tandem with Legal (Commercial & Regulatory) experts, ensuring regulatory compliance and facilitating strategic partnerships through well-crafted contracts.
  • Work hand-in-hand with Paxos leadership and key stakeholders to align on strategic objectives, optimize resource utilization and ensure the execution of the right strategies.
  • Spearhead the identification, negotiation and closure of partnerships with top-tier executives from global enterprises, driving the launch of groundbreaking products across fintech, payments, and financial institutions.
  • Working cross functionally in fintech / financial services / digital assets to launch new products from 0 to 1

Paxos focuses on using blockchain technology to enhance financial markets by providing solutions for settling securities, commodities, and other transactions. Its main products include the Paxos Standard (PAX), a stablecoin pegged to the US dollar for secure transactions, and Paxos Gold (PAXG), a digital token backed by physical gold. The company differentiates itself by combining transaction fees, custody services, and partnerships with major financial entities to generate revenue. Paxos aims to integrate blockchain into traditional finance to improve transparency, reduce settlement times, and lower costs.

Company Stage

Series D

Total Funding

$540.2M

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

-13%

1 year growth

-11%

2 year growth

-5%
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Simplify's Take

What believers are saying

  • Paxos' partnerships with major financial institutions like DBS Bank expand its market reach and service offerings.
  • The company's ability to secure regulatory approvals in multiple jurisdictions positions it for global expansion and increased adoption of its stablecoins.
  • Paxos' innovative products, such as PAXG, provide modern investment opportunities, attracting a diverse range of clients.

What critics are saying

  • The competitive landscape in the fintech and blockchain sectors is intense, requiring continuous innovation to maintain a competitive edge.
  • Regulatory scrutiny remains a significant risk, as seen with the SEC investigation and the potential for future regulatory challenges.

What makes Paxos unique

  • Paxos leverages blockchain technology to modernize financial transactions, setting it apart from traditional financial institutions.
  • Their stablecoin, Paxos Standard (PAX), and gold-backed token, Paxos Gold (PAXG), offer unique digital asset solutions that combine stability and physical asset backing.
  • Paxos' focus on regulatory compliance, as evidenced by approvals from the Monetary Authority of Singapore and the SEC investigation outcome, enhances its credibility in the fintech space.