Paxos
Paxos files to become SEC-registered clearing agency
The application comes after the blockchain infrastructure company completed a pilot in 2021 to test its settlement service.
This Week: MEMX; Paxos/Credit Suisse/Instinet; Blue River; CJC/TREP & More
A summary of some of the past week's financial technology news.
INTL FCStone Takes Paxos Precious Metals Confirmation Platform
The platform automates trade confirmations, reconciles transactions and aims to minimize operational errors.
Markets Learn Painful Lessons as Blockchain Grows Up
Shelving early blockchain projects has pushed the technology further into maturity, and offers lessons for the future.
Flush with Cash, Paxos Plans Precious-Metals Blockchain Launch Next Week
In addition to going live with its blockchain, the trust company has netted an additional $65 million in Series B funding.