Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Paxos history
Paxos company history timeline
Charles Cascarilla and Rich Teo founded Paxos in 2012 as the itBit Bitcoin exchange.
In 2015, the company changed its legal name from itBit to Paxos Trust Company.
The company received $65 million in a funding round in May 2018.
In September 2018, Paxos launched the Paxos Standard stablecoin as one of the industry’s first regulated stablecoins.
Paxos introduced PAX Gold, the first regulated gold-backed digital token, in September 2019.
In October 2019, Paxos received a no-action letter from the United States Securities and Exchange Commission (SEC) to test a new settlement service for United States-listed equities on a private blockchain.
In July 2020, Paxos launched its crypto brokerage with Revolut as the first client.
Rate how well Paxos lives up to its initial vision.
Paxos jobs
Do you work at Paxos?
Is Paxos' vision a big part of strategic planning?
Paxos history FAQs
Zippia gives an in-depth look into the details of Paxos, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Paxos. The employee data is based on information from people who have self-reported their past or current employments at Paxos. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Paxos. The data presented on this page does not represent the view of Paxos and its employees or that of Zippia.
Paxos may also be known as or be related to Paxos, Paxos Technology Solutions, LLC, Paxos Trust Company LLC and itBit.