Paxos Trust Company LLC has acquired Fordefi Inc., a startup with a crypto wallet platform used by more than 200 institutional investors. Fortune reported on Tuesday that the deal is worth more than ...

Digital asset infrastructure firm Paxos said Tuesday it has acquired Fordefi, a wallet provider startup, a move aimed at strengthening its custody offering as institutional adoption accelerates. The ...

Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth. Stablecoin issuer Paxos has ...

Paxos joins Circle, Ripple in applying for trust bank licenses Company issues PayPal's stablecoin PYUSD Paxos previously applied for trust bank charter in 2020 Aug 11 (Reuters) - Paxos Trust Company, ...

In addition to the fine, Paxos agreed to spend another $22 million improving its compliance program to bring it up to snuff with the New York Department of Financial Services’ (NYDFS) standards. “The ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. USDG is landing in Europe compliant with the EU’s Markets in ...

Abstract: The problem of consistency in distributed system have been studied by many authors for many years, this paper introduces the Paxos algorithm to solve the problem, which makes a detailed ...

Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said. Paxos, the blockchain firm behind the Pax Dollar stablecoin, is working to ...

SYS = Connection traversing PCIe as well as the SMP interconnect between NUMA nodes (e.g., QPI/UPI) NODE = Connection traversing PCIe as well as the interconnect between PCIe Host Bridges within a ...