Blockchain-Powered Trust Paxos Raises $65 Mln From Investors

Blockchain and crypto company Paxos has raised $65 mln from investors to extend its operations and launch new products. Paxos, an American financial technology startup, has attracted $65 mln from investors, including venture capital firms RRE Ventures and Liberty City Ventures, and private equity executive Jay Jordan, Reuters reported May 31. The company was initially founded in 2012 as Bitcoin exchange itBit and later rebranded as Paxos, a business focused on providing services using blockchain technology. Paxos holds a trust company charter in the state of New […]
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