Paxos

Regulated blockchain infrastructure for enterprise digital asset operations.

Custodian Custody Investment Platform Trading Transaction Processing 📍 New York Web-based
Visit Website Last reviewed: April 2026

Overview

Enterprises seeking regulated access to digital asset infrastructure face a fragmented landscape where many providers lack credible regulatory standing. Paxos sits in a distinct position: it holds a limited purpose trust charter from the New York Department of Financial Services (NYDFS), a Major Payments Institution license from the Monetary Authority of Singapore, and national-level oversight from the Office of the Comptroller of the Currency (OCC). For family offices and institutional clients that require counterparty credibility, this multi-jurisdictional regulatory stack is the core differentiator.

Paxos operates as a blockchain infrastructure provider focused on tokenization, custody, trading, and settlement of digital assets for enterprise clients. Its product suite spans several use cases relevant to sophisticated investors:

  • Crypto Brokerage: qualified custody, licensing, and trading infrastructure
  • Stablecoin Payments: global stablecoin acceptance and payouts
  • Pax Gold (PAXG): tokenized gold backed 1:1 by one fine troy ounce stored in LBMA vaults
  • Pax Dollar (USDP): a USD-backed stablecoin with bankruptcy-remote reserve protections
  • Global Dollar (USDG): an enterprise-focused stablecoin network

Paxos issues stablecoins where reserves are held bankruptcy-remote and fully segregated, meaning the underlying asset remains accessible even in an insolvency scenario. Its institutional client roster includes PayPal, Interactive Brokers, Bank of America, and MasterCard. Offices are maintained in New York, London, and Singapore. Pricing is not publicly disclosed, and the platform is structured for enterprise onboarding rather than self-service access. Family offices evaluating digital asset exposure through a regulated custodial or infrastructure layer will find Paxos a credible option; those seeking a managed investment product or portfolio advisory service will need to look elsewhere.

"If Paxos fails, you still have a dollar. It's not meant to be a sexy business, it's about financial innovation."
Paxos

Product & Capabilities

Main Tasks
Custody and safekeeping of digital assets for institutional clients Issuance and redemption of regulated stablecoins (USDP, USDG, PYUSD, PAXG) Crypto brokerage infrastructure with qualified custody and trading Settlement of cash and commodities trades via blockchain Stablecoin payments and global payouts for enterprises
Assets Supported
Cryptocurrency Stablecoins Tokenized Gold Commodities (precious metals: gold, silver, platinum, palladium)
Top Features
Regulated stablecoin issuance with bankruptcy-remote reserves Qualified digital asset custody Tokenized gold (PAXG) backed by LBMA-vaulted physical gold Crypto brokerage infrastructure with licensing support Stablecoin payments and cross-border payouts Mint and redeem functionality for digital assets itBit trading platform Simultaneous zero-risk settlement of cash and commodities Multi-jurisdictional regulatory compliance stack White-label stablecoin issuance for enterprise partners (e.g. PYUSD for PayPal)
Technology
Web-based NYDFS Limited Purpose Trust Charter MAS Major Payments Institution License OCC National Trust Charter
Platform
White-label Available
Integrations
PayPal Interactive Brokers Bank of America MasterCard Binance Revolut Credit Suisse Societe Generale

Company

OwnershipVenture-backed
Offices
New York London Singapore
Top Markets
United States Singapore United Kingdom
Key People
CC
Charles Cascarilla
CEO and Co-Founder
RT
Rich Teo
Co-Founder and CEO Asia