When was Paxos founded?

Paxos was founded in 2012 and became a unicorn in 2021, reaching the milestone in 9 years. It raised its 1st funding round 1 year after its incorporation.

Where is Paxos located?

Paxos is headquartered in New York City, United States. It is registered at THE COURTYARD,HIGH STREET,ASCOT,BERKSHIRE,UNITED KINGDOM,SL5 7HP.

Who is the current CEO of Paxos?

Charles Cascarilla of Paxos. They have also founded 3 companies.

How many employees does Paxos have?

As of Mar 31, 2026, the latest employee count at Paxos is 305.

Is Paxos a funded company?

Paxos is a funded company, having raised a total of $535M across 7 funding rounds to date. The company's 1st funding round was a $3.25M Seed round, raised on Nov 11, 2013.

How much is Paxos worth?

The latest valuation of Paxos is $2.4B as of Aug 02, 2021.

When was the latest funding round of Paxos?

Paxos' latest funding was a Series D round on Jan 21, 2022, with participation from 1 investor.

Is Paxos a Cryptocurrencies company?

The primary sectors of Paxos are Cryptocurrencies and Blockchain Infrastructure.

Where does Paxos rank among its competitors?

Paxos ranks 1st amongst 154 active competitors, of which 41 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was ParFin, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Paxos?

Paxos' top competitors include Bridge, Zero Hash and BTSE. Among them, ParFin secured the most recent funding round in November, 2025.

Paxos - 2026 Company Profile, Team, Funding & Competitors

Paxos is a series D company based in New York City (United States), founded in 2012 by Charles Cascarilla and Rich Teo. It operates as a Provider of blockchain infrastructure and regulated stablecoin solutions for enterprises. Paxos has raised $535M in funding from investors like RRE Ventures, Liberty City Ventures and Coinbase, with a current valuation of $2.4B. The company has 154 active competitors, including 41 funded and 9 that have exited. Its top competitors include companies like Bridge, Zero Hash and BTSE.

Sectors and market segments that Paxos operate in

Paxos serves in the FinTech, Blockchain Technology, High Tech market segments.The primary business model of Paxos are:

Company Details

Provider of blockchain infrastructure and regulated stablecoin solutions for enterprises. The company offers a platform for building blockchain and stablecoin solutions. It provides digital assets backed by redemption and regulatory oversight. The company facilitates stablecoin payments, crypto brokerage, and stablecoin issuance. It also offers technology built within regulatory structures.

Website: www.paxos.com/
Social
Email ID: *****@paxos.com
Registered Address: THE COURTYARD,HIGH STREET,ASCOT,BERKSHIRE,UNITED KINGDOM,SL5 7HP

Key Metrics

Founded Year

2012

Location

New York City, United States

Stage

Series D

Total Funding

$535M in 7 rounds

Latest Funding Round

Series D, Jan 21, 2022, Undisclosed

Post Money Valuation

$2.4B as on Aug 02, 2021

Investors

RRE Ventures & 37 more

Ranked

1^st among 154 active competitors

Employee Count

305 as on Mar 31, 2026

Investment & Acquisitions

Latitude & 19 more

Similar Companies

Bridge & 168 more

View Paxos' full profile

Paxos is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAXOS TRUST COMPANY, LLC CIN: 32073532809 , United States, Active	Feb 24, 2020	-	-	-
PAXOS TECHNOLOGY LIMITED CIN: 9952253 , United Kingdom, Active	Jan 13, 2016	-	23 (As on Dec 31, 2024)

Paxos has raised a total funding of $535M over 7 rounds. Its first funding round was on Nov 11, 2013. Its latest funding round was a Series D round on Jan 21, 2022 for an undisclosed amount. 1 investor participated in its latest round. Paxos has 30 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Paxos:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 21, 2022	Undisclosed	Series D	-	-	MercadoLibre	-
Aug 02, 2021	Undisclosed	Series D	$2.4B	-	Bank of America, Coinbase, Founders Fund, FTX	-
Apr 29, 2021	$300M	Series D	$2.4B	-	Oak HC/FT	Declaration Partners, Mithril, Senator Investment Group, WestCap, Liberty City Ventures, Coinbase, Bank of America, PayPal Ventures

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View details of Paxos's funding rounds and investors

The founders of Paxos are Charles Cascarilla and Rich Teo. Charles Cascarilla is the CEO of Paxos.

Here are the details of Paxos' key team members:

Charles Cascarilla: Co-Founder & Co-CEO of Paxos and founder of 2 other companies, Bankchain and Liberty City Ventures.
Contact Info: 1 email address and 1 phone number
Rich Teo: Co-Founder of Paxos.
Contact Info: 1 email address and 1 phone number

View details of Paxos's Founder profiles and Board Members

Paxos' employee count trend

Paxos has 305 employees as of Mar 26. Here is Paxos's employee count trend over the years:

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Top competitors of Paxos include Bridge, Zero Hash and BTSE. Here is the list of Top 10 competitors of Paxos, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Paxos 2012, New York City (United States), Series D	Provider of blockchain infrastructure and regulated stablecoin solutions for enterprises	$535M	Alua Capital Management, Mithril & 36 others	78/100
2nd	Bridge 2022, San Francisco (United States), Acquired	Provider of stablecoin infrastructure and APIs for developers and businesses	$58M	Ribbit Capital, Sequoia Capital & 5 others	70/100
3rd	Zero Hash 2017, Chicago (United States), Series D	Embedded crypto solutions for financial institutions	$286M	Point72 Ventures, Interactive Brokers & 31 others	67/100
4th	BTSE 2018, Tortola (United Kingdom), Series A	Cryptocurrencies exchange platform	$22M	-	66/100
5th	Farcaster 2020, Los Angeles (United States), Acquired	Decentralized white-label social platform provider	$180M	Andreessen Horowitz, Paradigm & 29 others	65/100
6th	Fordefi 2021, New York City (United States), Acquired	MPC wallet platform and web3 gateway solution	$28M	Electric Capital, Lightspeed Venture Partners ... & 15 others	63/100
7th	ParFin 2019, London (United Kingdom), Series A	Developer of infrastructure for managing digital assets and stablecoins	$31.5M	ParaFi, Valor Capital Group & 8 others	57/100
8th	Hercle 2019, Milan (Italy), Series A	Provider of infrastructure for cross-asset and cross-border transactions using digital assets	$11.8M	F-Prime Capital, Prana Ventures & 5 others	53/100
9th	Cybrid 2021, Toronto (Canada), Series A	Provider of API infrastructure for stablecoin payments, compliance, and treasury	$13.8M	Golden Ventures, BDC & 3 others	53/100
10th	PARAMETA 2016, Seoul (South Korea), Series B	Web3 enabler offering white-label blockchain solutions	$20M	Korea Technology Finance, Shinhan Venture Investment ... & 6 others	53/100

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Paxos has made 18 investments in companies including Latitude and Coinbax. Paxos has also acquired 2 companies including Fordefi and Membrane Finance.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 31, 2026	Investments	Latitude	2018	Paris (France)
Dec 22, 2025	Investments	Coinbax	2025	United States
Nov 25, 2025	Acquisition	Fordefi	2021	New York City (United States)