8. Paxos $142.0M
Round: Series C
Description: Paxos is a regulated financial institution building infrastructure to enable movement between physical and digital assets. Founded by Charles Cascarilla and Richmond Teo in 2012, Paxos has now raised a total of $235.3M in total equity funding and is backed by investors that include Alua Capital, Canaan Partners, Blockchain Capital, RRE Ventures, and Digital Currency Group.
Investors in the round: Alua Capital, Declaration Partners, Ken Moelis, Liberty City Ventures, Mithril Capital Management, PayPal Ventures, RIT Capital Partners, RRE Ventures, Senator Investment Group
Month of Funding: December
Industry: Blockchain, Cryptocurrency, Finance, Financial Services, FinTech
Founders: Charles Cascarilla, Richmond Teo
Founding year: 2012
Total equity funding raised: $235.3M
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