Blockchain solutions for financial institutions
Paxos is a regulated blockchain infrastructure platform that allows assets to move instantaneously, anywhere in the world, at any time. The company uses technology to tokenize, custody, trade and settle assets. It offers crypto solutions for enterprises, crypto trading and settlement solutions for securities and commodities. Customers include global enterprises PayPal, Credit Suisse, Societe Generale, StoneX and Revolut.
Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin.
Securitize, the platform focused on tokenizing real-world assets, announced the completion of a $47 million funding round led by BlackRock.
Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization.