All funds
$120Tdisclosed portfolio round capital
1 Jun, 2026last investment
17portfolio companies
7team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 23 Jul 2026 across private, secondary, seed, series a, series e, strategic, unknown. Later-round outcomes are capped at the period end.

64.7%companies with a later round · 11/17
1.44×median round-size step-up · n=10
Not availablemedian valuation step-up · n=0
4.8%recorded-solo rate · 1 solo / 20 syndicated
Payments · 7 companiesFinance · 4 companiesBlockchain Platforms · 2 companies

These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records. 1 ambiguous legacy rounds were excluded.

Opportunities

Crypto jobs across Paxos's portfolio

28 current roles at companies backed by Paxos, sourced from JobStash's crypto job board.

People

Team

B

Bill Bradley

Board of Directors

B

Brian Stern

Board of Directors

C

Charles Cascarilla

CEO + Co-Founder

J

J. Christopher Giancarlo

Board of Directors

J

Jim Manzi

Board of Directors

P

Patricia Kemp

Board of Directors

S

Scott Malpass

Board of Directors

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Paxos is recorded as an investor.

Blockchain Platforms

Alpen Labs develops Alpen, an EVM-compatible Bitcoin validity rollup and testnet for building Bitcoin-native financial applications. The platform enables developers to deploy smart contracts and build applications involving BTC lending, payments, vaults, and other programmable financial use cases.

Strategic9 Jan, 2025$8.5T round
Seed10 Apr, 2024$11T roundSyndicated · 15 disclosed investors
Infrastructure

Aptos Labs creates products and applications for the Aptos blockchain to redefine the Web3 user experience.

Unknown1 Sep, 2024
Strategic1 Sep, 2022
Series A1 Jul, 2022$150M round
Strategic1 Mar, 2022$200M roundSyndicated · 11 disclosed investors

Arbelos Markets provides liquidity and trading solutions in the crypto sector.

M&A1 Jan, 2025
Private8 May, 2024$28T roundSyndicated · 12 disclosed investors
Seed1 May, 2024$28M roundSyndicated · 12 disclosed investors
Finance

Argo Vault is a digital platform that simplifies gold investment. Built by precious metals experts from the Sprott Family and Peter Grosskopf, it offers an institutional-grade investing experience with features like direct gold ownership, zero transaction fees, and secure, insured storage.

Unknown1 Jun, 2024Syndicated · 2 disclosed investors
Blockchain Platforms

Canton Network helps institutions transfer assets privately by providing the first privacy-enabled public blockchain for financial markets.

Unknown1 Jul, 2026$10M round$2B valuation
Unknown1 Jun, 2026$355M round
Strategic4 Dec, 2025$50T round
Series E1 Jun, 2025$135M roundSyndicated · 17 disclosed investors
Series D1 Apr, 2021$120M round
Series C1 Feb, 2020
Series C1 Dec, 2019$35M round
Series B1 Oct, 2017$40M round
Unknown1 Jun, 2016$7.2M round
Unknown1 Feb, 2016$60M round
Crown logo

Crown

crypto
Payments

Crown is a Brazilian fintech infrastructure company operating BRLV, a 1:1 Brazilian real stablecoin backed by federal government bonds. It provides on-chain settlement, FX, payments, treasury, and value-accrual infrastructure for financial institutions and digital-economy businesses.

Series A1 Dec, 2025$14M round$90M valuation
Seed1 Oct, 2025$8.1M roundSyndicated · 5 disclosed investors
Cyclops logo

Cyclops

hybrid
Payments

Cyclops provides crypto and stablecoin infrastructure exclusively for payments companies. Its platform supports settlement, payins, payouts, treasury management, and custom payment solutions through a unified integration.

Unknown1 Mar, 2026$8M roundSyndicated · 13 disclosed investors
Fin logo

Fin

crypto
Payments

Fin enables users to send large cross-border payments instantly using stablecoin rails for lower fees and faster settlement than traditional banking.

Unknown1 Dec, 2025$17M round
Seed21 Feb, 2023$6T roundSyndicated · 8 disclosed investors
Fordefi logo

Fordefi

crypto
Uncategorized

Fordefi is an asset management platform providing secure custody solutions for institutional clients in DeFi, focusing on security and operational efficiency.

M&A1 Nov, 2025$100M roundRecorded solo · lead signal
Seed+13 Feb, 2024$10T roundSyndicated · 5 disclosed investors
Unknown1 Feb, 2024$10M roundSyndicated · 3 disclosed investors
Seed8 Nov, 2022$18T round
Harbor logo

Harbor

crypto
Finance

Harbor is a crypto trading platform and native-asset DEX designed for wallets and apps to access cross-chain liquidity. It provides trading infrastructure, APIs, custody vaults, validators, and subnet capabilities.

Seed1 Dec, 2025$4.2M roundSyndicated · 12 disclosed investors
Higlobe logo

Higlobe

crypto
Payments

Higlobe helps professionals receive USD payments from US companies by providing virtual bank accounts and low-cost transfers to local banks.

Unknown1 Sep, 2022$14M roundSyndicated · 28 disclosed investors
Finance

Securitize provides a platform for issuing and managing compliant digital securities using blockchain technology.

Ipo1 Jun, 2026$400M round$1.3B valuation
Strategic1 May, 2025
Strategic 1 May, 2024$47T roundSyndicated · 6 disclosed investors
Unknown1 May, 2024$47M roundSyndicated · 7 disclosed investors
Series B21 Jun, 2021$48T round
Series A12 Jul, 2020$13T round
Unknown1 Nov, 2019
Series A1 Sep, 2019$14T round
Series A26 Nov, 2018$13T round
Series A23 Oct, 2018$13T round
Payments

Trace Finance provides international payment infrastructure for businesses through APIs for PIX, boleto, TED, and foreign exchange services.

Series A1 Jun, 2026$32M roundSyndicated · 8 disclosed investors
Seed1 Feb, 2022$4.3M round
Triangle logo

Triangle

crypto

Triangle provides a wallet infrastructure API that empowers businesses to embed Web3 experiences, such as DeFi, NFTs, and payments, into their products. It abstracts the complexities of blockchain, allowing developers to build on multiple chains with a unified API.

M&A1 Nov, 2024Syndicated · 16 disclosed investors
TrueX logo

TrueX

crypto
Finance

TrueX is a crypto trading platform offering advanced tools for professional traders, including robust liquidity, low-latency APIs, and stablecoin-native order books. It serves active traders seeking institutional-grade execution with assets protected by an external qualified custodian.

Series A20 May, 2025$11T round
Seed18 Sep, 2024$9T roundSyndicated · 9 disclosed investors
Ubyx logo

Ubyx

crypto
Payments

Ubyx lets users deposit stablecoins from multiple issuers into bank accounts through a clearing system that provides full-value redemption.

Unknown19 Feb, 2026
Strategic7 Jan, 2026
Unknown1 Jan, 2026
Seed1 Jun, 2025$10M roundSyndicated · 13 disclosed investors
XFX logo

XFX

crypto
Payments

XFX helps financial institutions settle cross-border payments by providing wholesale liquidity and real-time settlement across fiat and stablecoin rails.

Series A26 Mar, 2026$17T round
Seed17 Jun, 2025$9.1T roundSyndicated · 8 disclosed investors