Full-Time
Posted on 7/19/2025
Blockchain-based settlement for securities and assets
$187k - $220k/yr
Remote in USA + 1 more
More locations: Remote in Canada
Remote
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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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House of Doge and Paxos partner to expand global access to Dogecoin | news world. Integration into Paxos' regulated crypto infrastructure opens Dogecoin access to Paxos client network consisting of hundreds of millions of users across 150+ countries NEW YORK and MIAMI, June 01, 2026 (GLOBE NEWSWIRE) - House of Doge, the official corporate arm of the Dogecoin Foundation, along with merger partner Brag House Holdings (NASDAQ:TBH), today announced a strategic partnership with Paxos, a leading regulated blockchain and tokenization infrastructure platform, to integrate the listing of Dogecoin (DOGE) across Paxos' enterprise-grade crypto brokerage and custody infrastructure. Paxos powers crypto brokerage and infrastructure solutions for a number of globally recognized platforms, including PayPal, Venmo, Interactive Brokers,...
Latitude, a global payments infrastructure company building a new foundation for cross-border money movement, today announced its launch out of stealth along...
Margex adds Sui, Monero, Zcash, and tokenized gold as new deposit and collateral options. 2 hours ago Victoria, Seychelles, March 31st, 2026, Chainwire Margex, a cryptocurrency trading platform known for its user-friendly copy trading interface, has officially integrated Sui (SUI), Monero (XMR), Zcash (ZEC), Tether Gold (XAUt), and Paxos Gold (PAXG) as new deposit and collateral options. This update expands the platform's multi-collateral infrastructure, giving traders the flexibility to back their margin positions with a wider range of digital and tokenized assets. By supporting these specific assets, Margex allows users to diversify the capital they use as margin. Each new option offers a distinct strategic advantage: * Sui (SUI): As a high-performance Layer-1 asset, SUI integration allows holders to put their ecosystem positions to work without needing to sell them. * Monero (XMR) & Zcash (ZEC): These privacy-focused assets provide cryptographic security and transactional anonymity for users who prioritize data privacy. * Tether Gold (XAUt) & Paxos Gold (PAXG): These tokens act as a digital bridge to physical gold. Given gold's historical role as a safe haven during macroeconomic uncertainty, these options let traders maintain commodity exposure while using that same value to trade crypto markets. Operational Benefits for Traders This multi-collateral approach is designed to improve capital efficiency. Instead of being forced to convert holdings into stablecoins to fund a trade users can simply deposit their preferred assets (like XMR or Gold) directly as margin. This allows for deeper portfolio diversification within a single margin wallet. Expansion of Trading Markets Alongside these collateral updates, Margex has recently launched several new trading pairs: * BIO Protocol (BIO/USD) * Kaito (KAITO/USD) * Metis (MET/USD) * Pudgy Penguins (PENGU/USD) * ZKsync (ZK/USD) These additions join an existing catalog of over 50 trading pairs, all available with up to 100x leverage. By consistently expanding its tradable markets and collateral support, Margex continues to build a versatile infrastructure for modern digital asset portfolios. About Margex Established in 2019, Margex is a boutique cryptocurrency exchange offering a secure, efficient, and convenient copy trading platform. Margex's copy trading feature allows users to replicate professional traders' strategies, making trading accessible to all experience levels. Professional traders can also earn rewards by sharing their strategies. With a minimum deposit of $10, traders can access all of Margex's copy trading functionality. It remains the most user-friendly platform in the crypto industry. Contact. Margex PR Team Margex LTD [email protected] Disclaimer: This is third-party content supplied by the issuer and published for informational purposes. Yellow does not independently verify the statements herein and assumes no responsibility for errors or omissions. Nothing herein constitutes investment, legal, accounting, or tax advice, or a solicitation to buy or sell any asset.
Wavebridge becomes Korea's First Institutional Partner in Global Dollar Network, establishing a beachhead for the digital dollar. Mar 30, 2026, 08:00 ET As Korea Moves Toward Won Stablecoin Legislation, Wavebridge Joins Paxos Global Dollar Network as Nation's First Institutional Partner - Pioneering the Connection Between Korea's Emerging Stablecoin Ecosystem and Global Dollar Infrastructure SEOUL, South Korea, March 30, 2026 /PRNewswire/ - Korea is on the cusp of a stablecoin moment. With won-denominated stablecoin legislation advancing rapidly, industry observers increasingly identify the next critical challenge: seamless interoperability between Korean won stablecoins and the U.S. dollar stablecoin ecosystem. Today, Wavebridge takes a defining step toward making that future possible. Wavebridge, Korea's leading digital asset prime brokerage and custody firm, has officially joined the Paxos Global Dollar Network (GDN) as Korea's first and only institutional partner - becoming the first Korean institution to establish a direct, contractual bridge between Korea's institutional market and the global dollar-backed stablecoin infrastructure. Why This Matters Now Korea's stablecoin regulatory framework is nearing legislation. As won-backed stablecoins move closer to reality, the ability to interoperate with dollar-backed stablecoins will emerge as the next defining infrastructure challenge for Korean financial institutions. Wavebridge is now the first Korean institution with issuer-direct access to USDG - making it the first domestic gateway capable of bridging Korea's emerging stablecoin ecosystem with the global dollar infrastructure through the USDG system. What Is the Global Dollar Network? The Global Dollar Network is an open network designed to accelerate and reward global stablecoin adoption. Powered by USDG (Global Dollar), the network unites the world's leading financial institutions and digital asset firms including Paxos, Robinhood, Kraken, OKX and over one hundred others in a trusted framework for stablecoin distribution and adoption. Wavebridge joins as Korea's first and only institutional partner, serving as the official conduit for Korean institutional clients seeking access to the global dollar stablecoin network. USDG Institutional Custody Service Wavebridge will launch Korea's first institutional USDG custody service, backed by its GDN partnership. Under the terms of the agreement, institutional clients holding USDG through Wavebridge's platform will have access to the rewards from the GDN ecosystem. Unlike traditional stablecoin custody - which has largely been limited to simple safekeeping - Wavebridge's service offers institutional investors a differentiated value proposition: the opportunity to earn rewards simply by holding USDG in custody with Wavebridge, structured across the following custody tiers. This marks a fundamental shift from conventional stablecoin custody, which has traditionally offered no financial rewards. Wavebridge's model introduces a new institutional reward infrastructure to the Korean market - one where simply holding a trusted dollar stablecoin generates measurable rewards. USDG Minting and Redemption Service - Coming Later This Year In line with the implementation of stablecoin regulations, Wavebridge will launch minting and redemption capabilities for USDG. Under the GDN partnership agreement, Wavebridge will serve as the official distributor providing Korean institutional clients with access to USDG. This gives Korean institutions direct, regulated access to dollar stablecoin on- and off-ramps for the first time - a capability that will prove foundational as won-dollar stablecoin interoperability becomes a market imperative. "Joining the Global Dollar Network as Korea's first institutional partner is not just a business milestone - it is a strategic positioning," said John Oh, CEO of Wavebridge. "As Korea moves toward won stablecoin legislation, the ability to connect that ecosystem to the global dollar infrastructure will be the next defining challenge. Wavebridge is built to be that bridge. We are the only Korean player with direct contractual access to USDG, and we intend to use that position to bring institutional-grade dollar stablecoin infrastructure to the Korean market - starting with custody in March and expanding to minting and redemption." About USDG USDG (Global Dollar) is a dollar-pegged stablecoin issued by Paxos Digital Singapore Pte. Ltd., supervised by the Monetary Authority of Singapore (MAS) as a Major Payments Institution. In the EU, USDG is issued by Paxos Issuance Europe Oy (PIE), an Electronic Money Institution regulated by the Finnish Financial Supervisory Authority (FIN-FSA). Backed 1:1 by cash and U.S. government securities held in segregated reserve accounts. 1 USDG = 1 USD at all times. About Wavebridge Wavebridge is Korea's leading digital asset prime brokerage and custody firm, providing institutional clients with integrated solutions across trade execution, asset custody, and risk management. Anchored by global partnerships and a rigorous compliance framework, Wavebridge is dedicated to connecting Korean institutional investors with the world's most trusted digital asset infrastructure. Wavebridge Media Contact Rebecca Kim Principal Advisor, Brand & IR Strategy / Global Communications, Wavebridge [email protected] SOURCE Wavebridge
Ex-Blackstone staffers raise $25 million for startup Valinor, which aims to put private credit on the blockchain. Many corners of finance - stock exchanges, banks, and payments firms - are embracing digital assets, but the private credit industry has largely stayed away from the crypto craze. The startup Valinor aims to change this, and, on Monday, the company announced that it's raised $25 million to put private credit on the blockchain. Castle Island Ventures led the seed round, which also included the crypto arm of the marquee trading firm Susquehanna, Maven11, and the founders of the Bitcoin-mining-turned-AI company TeraWulf. Connor Dougherty and Lily Yarborough, the cofounders of Valinor, declined to specify at what valuation they raised their capital. "I think what these guys are doing is really just like being able to be the translation agent between these two industries," said Sean Judge, general partner at Castle Island Ventures, in reference to the crypto and private credit sectors. Crypto and private credit. Wall Street already has a growing list of "translation agents" positioning themselves as go-betweens crypto and finance. Those include the Nasdaq and New York Stock Exchange, which are exploring tokenizing stocks, or putting company shares into blockchain wrappers. Banks are experimenting with tokenizing deposits. And asset managers are putting funds, including money market funds, on the blockchain. There are also crypto-literate startups like Alpaca, which recently raised a $150 million Series D round to challenge Interactive Brokers. Dougherty and Yarborough believe they can leverage their traditional finance pedigrees to become crypto's go-between for yet another Wall Street category. The two started their careers as analysts at banks, went to the private credit arm of the asset manager Blackstone to work as investors, and, in 2022, they made the jump into crypto at a digital asset investment fund. Two years later, the pair founded the first iteration of Valinor. Yarborough described their initial venture as focused purely on lending to crypto businesses. Eventually, she and Dougherty decided that, in addition to lending to blockchain companies, they could use blockchains themselves to make the lending process more efficient. "We realized there was a real opportunity to use crypto technology to be a more effective lender," said Yarborough. When it comes to private credit, large institutions typically rely on a chain of humans to check and verify each other's work. Take, for example, a $50 million revolving credit line. Every week, a company can take out millions of dollars. If the firm repays a certain amount, it can borrow another sizable sum. It's a rules-based process, but private credit firms use a combination of spreadsheets and humans to make it work. Dougherty and Yarborough believe that smart contracts, or blockchain-based programs that automatically route money depending on whether certain conditions are met, can replace existing systems. "Especially at a private credit firm, you've always had someone who's actually pushing the wire button," said Dougherty. Valinor has already employed blockchain technology to spin up loans for a handful of fintech and crypto companies, said Dougherty. His firm, which currently has six employees, plans to use the new injection of capital to hand out more loans to more customers and hire more staff. And while there are existing lenders that issue loans backed by customers' Bitcoin or Ethereum, Valinor plans to service what Dougherty calls "real economy credit." "We identified a use case within credit where shared ledgers added a lot of value," said Yarborough.