The funding will accelerate the growth of its financial market infrastructure platform
United States, April 30, 2021 /AlexaBlockchain/ – Paxos, the first regulated blockchain infrastructure platform, has raised $300 million in Series D round of funding at $2.4 Billion Valuation.
The latest funding round was led by Oak HC/FT, with participation from existing investors Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures, WestCap and more.
To date, Paxos has raised more than $500 million in funding and with a valuation of $2.4 billion, Paxos is one of the fastest growing fintech startups in the world.
Charles Cascarilla, CEO and Co-Founder of Paxos, commented:
“Demand for our enterprise solutions has accelerated much faster than we could have anticipated. It validates our approach to providing the most innovative and regulated enterprise solutions to replatform the financial system and create the digital economy of the future.”
