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Paxos Trust Company is a New York–based financial institution and technology company specializing in blockchain. Paxos was founded in 2012 and is based in New York City with offices in London and Singapore. The company's product offerings include a cryptocurrency brokerage service, asset tokenization services, and settlement services. ItBit, a bitcoin exchange run by Paxos, was the first bitcoin exchange to be licensed by the New York State Department of Financial Services, granting the company the ability to be the custodian and exchange for customers in the United States. They also process all deposits and withdrawals for PayPal
Paxos Trust Company is a New York–based financial institution and technology company specializing in blockchain. Paxos was founded in 2012 and is based in New York City with offices in London and Singapore. The company's product offerings include a cryptocurrency brokerage service, asset tokenization services, and settlement services. ItBit, a bitcoin exchange run by Paxos, was the first bitcoin exchange to be licensed by the New York State Department of Financial Services, granting the company the ability to be the custodian and exchange for customers in the United States. They also process ...
