Words nearby Paxos
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Paxos, a New York City–based cryptocurrency firm, announced a $142 million Series C funding round on Thursday that makes it one of the biggest firms in the fast-growing crypto industry.
In October, PayPal announced Paxos was helping it manage its new consumer Bitcoin offering.
In an interview with Fortune, Cascarilla said financial infrastructure is a highly regulated field, and that led him to build Paxos in close cooperation with regulators.
The new round, which means Paxos has raised more than $240 million in total, was led by investment firm Declaration Partners and included contributions from PayPal’s venture arm, among others.
Despite raising plenty of money, Paxos has flown under the radar compared to more prominent crypto firms like Coinbase.
Doria, sallying forth from Messina, had met the governor of Gallipoli off Paxos, and had fought him before daybreak.The Story of the Barbary Corsairs|Stanley Lane-Poole