Paxos Trust Company LLC has acquired Fordefi Inc., a startup with a crypto wallet platform used by more than 200 institutional investors. Fortune reported on Tuesday that the deal is worth more than ...

Digital asset infrastructure firm Paxos said Tuesday it has acquired Fordefi, a wallet provider startup, a move aimed at strengthening its custody offering as institutional adoption accelerates. The ...

Paxos, the veteran stablecoin and blockchain infrastructure firm, is leaning further into DeFi. On Tuesday, the company announced that it had acquired Fordefi, a New York-based startup that helps ...

Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth. Stablecoin issuer Paxos has ...

Paxos, a crypto-focused nonbank financial firm, announced Monday that it is seeking a national trust charter under the Office of the Comptroller of the Currency. Processing Content If approved, the ...

Paxos joins Circle, Ripple in applying for trust bank licenses Company issues PayPal's stablecoin PYUSD Paxos previously applied for trust bank charter in 2020 Aug 11 (Reuters) - Paxos Trust Company, ...

NEW YORK, Aug 7 (Reuters) - Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police illegal activity related to cryptocurrency exchange ...

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering programs, including a ...

Abstract: The problem of consistency in distributed system have been studied by many authors for many years, this paper introduces the Paxos algorithm to solve the problem, which makes a detailed ...