Paxos

Pax Gold (PAXG)

Paxos also offers Pax Gold (PAXG), a digital asset backed by physical gold. Each PAXG token represents one fine troy ounce of gold stored in London vaults. Pax Gold allows users to own and trade fractional amounts of gold with the flexibility and liquidity of a cryptocurrency. The token is popular among investors looking to combine the benefits of blockchain technology with the intrinsic value of gold.

Paxos Crypto Brokerage and Financial Infrastructure

Paxos provides comprehensive crypto brokerage services that allow enterprises to offer crypto buying, selling, and holding capabilities directly within their platforms. Through its API-first, enterprise-grade infrastructure, Paxos enables financial institutions to integrate crypto assets securely. Services include trading, custody, and seamless transfers of digital assets.

Paxos’ brokerage services are designed with high regulatory standards, offering institutional-grade security and compliance across jurisdictions like the U.S. and Singapore. Partners like PayPal and Interactive Brokers use Paxos’ solutions to power crypto services, ensuring that digital assets are handled with industry-leading consumer protection and security measures.

Regulatory Compliance and Global Reach

Paxos’ commitment to regulatory oversight is central to its operations. All its stablecoins, including USDP and PYUSD, are fully backed by audited reserves, and monthly attestations are published to ensure transparency. Assets are held in segregated, bankruptcy-remote accounts to protect users in case of insolvency. Paxos operates under strict financial regulations, which has allowed it to build trust with major financial institutions globally.

Other Products and Services

In addition to stablecoins and tokenized gold, Paxos has expanded into settlement services for commodities and securities. It has worked with partners like TD Securities to streamline settlements, making them faster and more efficient by using blockchain technology. These services are tailored for institutional clients looking for reliable, real-time financial solutions.

Paxos has also launched innovative products like Lift Dollar (USDL), a yield-bearing stablecoin, and supports a variety of other services, including itBit, its digital asset exchange platform.