Paxos uses blockchain to connect traditional financial markets with digital assets, offering tokens like PAX and PAXG. PAX is a USD-backed stablecoin for instant, secure transfers, and PAXG is a gold-backed token for easy exposure to gold. It also provides settlement services to modernize the clearing and settlement of U.S. securities, speeding trades. Revenue comes from transaction fees, custody services, and partnerships; its goal is to increase transparency, shorten settlement times, and lower costs in financial markets.
Company Size
201-500
Company Stage
Series D
Total Funding
$535.3M
Headquarters
New York City, New York
Founded
2012
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Paxos enhances crypto brokerage with provable execution. News Tue, 22 Sep 2026 18:11:45 UTC 12 hours ago Paxos unveils real-time data pipelines for provable execution quality, addressing regulatory and partner demands in crypto trading. (Read More) This content is automatically aggregated. Full credit goes to the original publisher (blockchain.news).
Paxos Super Validator proposal reaches a formal Canton vote. The proposal ties a maximum Super Validator reward weight of 8 to native stablecoin issuance, reserve management and automated minting and redemption on Canton. Canton's Super Validators have begun voting on Paxos's proposed participation in the network's Super Validator program. The plan would bring stablecoin issuance, reserve management and automated minting and redemption onto Canton. The vote opened on September 21, with Digital Asset as sponsor and Liberty City Ventures as endorser. Under CIP-0125, Paxos could earn Super Validator reward weight of up to 8 by completing delivery and adoption milestones. The first target is native integration of Paxos's stablecoin issuance platform and an aggregate $20 million of major Paxos stablecoins issued on Canton within six months of approval. This would let stablecoins be created and redeemed directly on the network. Within nine months, Paxos would deliver an initial production service for managing stablecoin reserves on Canton. Those reserves could include tokenized U.S. Treasuries, reverse repo or digital bank deposits. A twelve-month milestone calls for automated minting and redemption around the clock for approved participants. Minting creates stablecoin tokens; redemption exchanges them back for their value. The proposed service would use deposits or eligible assets held on Canton to support those transactions. Additional rewards would depend on adoption over the first two years, measured through stablecoin issuance and reserves held on the network. Tokenomics would review evidence of completed milestones before the corresponding reward weight could be assigned.
Paxos adds AVAX and native USDC to institutional platform, expands Avalanche access. Paxos has added $AVAX and native USDC support to its institutional platform. Over 650 institutions and 470 million end users can now access these assets on Avalanche. Paxos integration connects Avalanche to regulated finance in more than 150 countries. AVAX is trading up 5% ahead of the Avalanche Helicon upgrade.
Mantle network integrates native Paxos USDG stablecoin to boost liquidity. * Guido Battigelli * Published: September 3, 2026 * 5:28 pm * Updated: September 3, 2026 * 5:28 pm Table of Contents * Mantle joined Paxos' Global Dollar Network and adds USDG as one of the first stablecoins natively issued on its network. * The GDN surpasses 150 partners, including Robinhood and Kraken, and records more than $3.5 billion in USDG in circulation under dual regulatory oversight. * The network's stablecoin TVL crossed $982 million, while its real-world asset TVL grew from $22 million to $240 million in one year. Mantle, the open financial network focused on connecting traders with institutional-grade capital market assets, announced the integration of USDG, the stablecoin issued by Paxos, as one of the first assets natively minted on its network. The move makes Mantle a Network Partner of the Global Dollar Network (GDN), which groups more than 150 partners and surpasses $3.5 billion in USDG in circulation. Most stablecoin integrations follow a standard model: a network adds an asset, the issuer retains the economics, and the relationship ends there. Mantle's incorporation into the GDN works differently. As a Network Participant, the network becomes part of the GDN's reward distribution system alongside partners such as Robinhood and Kraken, participating directly in the growth generated by the token's adoption. USDG is now live on @Mantle_Official. Mantle is the open financial network connecting institutional capital markets onchain, with 700+ tokenized equities and a $2B+ treasury. Every tokenized fund and lending market on the network now has a regulated dollar to settle in. pic.twitter.com/oSEmWuqAiN - Global Dollar Network | (@global_dollar) September 3, 2026 USDG is one of the few regulated stablecoins that operates under dual oversight: the Monetary Authority of Singapore (MAS) and the MiCA framework of the European Union. Its classification positions it among the largest regulated dollar-pegged stablecoins in the market. USDG will be the institutional backbone of Mantle. The integration will strengthen the network's institutional asset portfolio, which already includes AUSD from Agora, USDe from Ethena, USDY from Ondo, and USDT0 from Tether. The network's stablecoin TVL surpassed $982 million, while the real-world asset (RWA) TVL scaled from approximately $22 million to $240 million over the past year. The ecosystem now features more than 700 tokenized assets, including equities, ETFs, commodities, Treasury bonds, and asset-backed credit. Emily Bao, Key Advisor at Mantle and Head of Spot at Bybit, stated that joining the GDN positions the network within a more active economic system and that USDG becomes a settlement asset that developers and partners can rely on. For his part, Walter Hessert, Head of Strategy at Paxos, noted that the native issuance of USDG places the regulated dollar at the center of the ecosystem and that the partnership allows Mantle to participate in the growth it helps generate. TL;DR a16z published an analysis arguing that performance alone is insufficient for financial markets to adopt blockchains at a global scale. The document identifies three flash news Securitize announced a strategic alliance with Socios.com to develop tokenized equity offerings with minority stakes in professional sports clubs. Solana News TL;DR Solana validators approved SGP-0002, which reduces the rate of new SOL creation by 30% annually, reaching 68.77% support. SGP-0003, which would have raised daily TL;DR Pyth has more than 138 institutions publishing data on its network, with a catalog of 3,501 feeds and 1,901 equity feeds. Cboe Global Markets, flash news Securitize Fund Services ("SFS"), the fund administration division of Securitize Corp, announced a collaboration with Crypto Insights Group ("CIG"), an institutional intelligence and due diligence platform for liquid digital Technology TL;DR The XRP Ledger will incorporate credit and privacy tools that will allow institutions and retail users to operate without intermediaries. Amendments XLS-65 and XLS-66 Follow Crypto Economy on Social Networks Crypto Tutorials Crypto Reviews
Paxos upgrades PAXG with real-time gold allocation. New system links tokens to physical gold within milliseconds. Reading Time: 3 mins read Paxos, the issuer of the gold-backed cryptocurrency PAX Gold (PAXG), has introduced a redesigned allocation system that connects each token with specific physical gold bars in real time. The company announced the upgrade on Aug. 13, saying the changes were designed to improve transparency, processing efficiency, regulatory readiness and support for multiple blockchain networks. PAXG represents one fine troy ounce of London Good Delivery gold held in London vaults accredited by the London Bullion Market Association. The token has maintained a one-to-one allocation model, allowing each unit to correspond with an identifiable portion of physical gold rather than relying on periodic reconciliation of aggregate holdings. Paxos said its new real-time allocation engine reduces processing time from roughly two hours to milliseconds, with transfers, minting and burning transactions now reflected almost immediately in the underlying gold-bar allocations. The upgrade replaces Paxos's previous batch-based allocation process, which recalculated gold ownership for all holders every two hours. Under the new system, a real-time delta engine records only the changes created by individual transactions. Paxos reported that these events are processed in an average of 1.24 milliseconds. For example, when a holder transfers 10 troy ounces of PAXG, the system can update the allocations associated with both the sender and recipient almost instantly. This approach reduces the computational burden associated with repeatedly recalculating the entire allocation database. Hourly optimization improves allocation efficiency. Paxos has also introduced a periodic optimization process that runs every hour. The optimizer is designed to consolidate fragmented gold allocations and, where possible, give larger holders exclusive ownership of complete gold bars. According to the company, the optimization process can evaluate more than 62,000 PAXG holders in less than 40 seconds. The system is intended to preserve operational efficiency as the token's user base expands while maintaining precise ownership records. The ability to identify the physical gold supporting each token is central to PAXG's structure. Paxos has emphasized that the allocation model is intended to provide greater traceability than systems that reconcile backing only in batches. The company said the enhanced infrastructure also benefits auditors, institutional partners and other participants that need to verify the relationship between on-chain token balances and physical gold holdings. Paxos conducts monthly attestations through KPMG and an annual physical audit by Bureau Veritas as part of its broader verification framework. PAXG's regulatory position also adds significance to the upgrade. Paxos has operated the token under oversight associated with the U.S. Office of the Comptroller of the Currency, making transparent and auditable asset allocation an important component of its infrastructure. Multi-chain support becomes a central priority. The new allocation architecture was also designed to support Paxos's expansion beyond Ethereum. PAXG launched on Solana in June 2026, representing its first move onto another major blockchain. Paxos said the redesigned system is chain-agnostic, meaning its core allocation mechanism can accommodate additional networks with relatively limited modifications. The company is working toward further automation that could allow new blockchains to connect to the allocation infrastructure with less manual intervention. The chain-agnostic design could allow PAXG to expand across additional blockchain networks while preserving a common system for tracking the physical gold associated with tokens. PAXG was trading at about $4,372.59 in the information provided, giving the token a market capitalization of roughly $1.91 billion. Its direct connection to physical gold has made it a digital alternative for investors seeking exposure to the metal through blockchain-based infrastructure. The real-time allocation system could become increasingly important if transaction activity and institutional participation continue to grow. Faster reconciliation can reduce operational delays while improving the visibility of collateral supporting the token. For traders and long-term holders, the changes may strengthen confidence in PAXG's backing and infrastructure. Gold-backed digital assets are commonly viewed as potential portfolio diversification instruments and stores of value, particularly during periods of inflation or financial-market volatility. By combining near-instant allocation updates, periodic optimization and multi-chain compatibility, Paxos is seeking to make PAXG more transparent, scalable and operationally efficient as demand for tokenized physical assets grows.