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Full-Time

Strategic Partnerships Lead

Defi Ecosystem

Posted on 5/14/2024

Paxos

Paxos

201-500 employees

Blockchain-based financial services and digital assets

Consulting
Hardware
Fintech
Crypto & Web3
Financial Services

Senior, Expert

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Communications
Requirements
  • 8+ years of experience in business development, product, consulting, or strategy roles
  • Deep knowledge of and existing relationships with various players in the crypto ecosystem, including DeFi projects, centralized exchanges and blockchain protocols
  • Proven experience in talent attraction and leadership development within a dynamic and fast-paced environment.
  • Exceptional client engagement skills, capable of communicating effectively with C-level executives at large regional and global companies
  • Polished and articulate with credible communication skills in both business and social settings
  • Demonstrated ability to thrive in a startup environment, showing flexibility and resilience in the rapidly changing landscape of emerging technologies
  • A robust network of relationships within the crypto ecosystem
  • A strong desire to work with a global customer base
Responsibilities
  • Develop and Execute Strategy
  • Cross-Functional Collaboration
  • Client Advocacy
  • Strategic Planning
  • Industry Expertise
  • Negotiation and Relationship Building
  • Prioritization

Paxos is a fintech company that uses blockchain technology to improve 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. Paxos differentiates itself by combining transaction fees, custody services, and partnerships with major financial entities to generate revenue. The company's goal is to enhance transparency, reduce settlement times, and lower costs in traditional finance.

Company Stage

Series D

Total Funding

$540.2M

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-5%

2 year growth

0%
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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.
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