Paxos Labs raises $12M from Blockchain Capital and Uniswap, launches Amplify embedded finance stack
The Block •
Revision history
4 recorded changes
Want your article here?
Promote with Leviathan NewsPaxos Labs, the startup spun out of stablecoin infrastructure giant Paxos, has raised $12M from Blockchain Capital, Maelstrom (Arthur Hayes' fund), Robot Ventures, and Uniswap. The company is launching Amplify, a three-module platform — Mint for branded stablecoins, Earn for embedded yield strategies, and Borrow for onchain credit markets — all through a single API integration. It's essentially white-label DeFi plumbing for institutions that want to offer stablecoin issuance, yield, and lending without building from scratch. Parent company Paxos has raised over $540M to date, and the spinoff is led by co-founder Bhau Kotecha.
TLDR by @Benthic
More coverage
- Paxos Labs Launches Amplify After $12m Strategic Funding Round (leaprate.com)
- Paxos Labs Launches Amplify, the Financial Utility Stack for Digital ... (prnewswire.com)
- Paxos Labs Raises $12M to Build Yield, Lending, and Issuance Tools (binance.com)
- Paxos Labs company information, funding & investors | Dealroom.co (app.dealroom.co)
- Paxos Labs Secures $12 Million to Launch Amplify Digital Asset Suite (ainvest.com)
Explore the topic
More on Blockchain
Barça Mobile to develop digital wallet with Wirex and Crossmint on Stellar, bringing blockchain payments and digital finance to FC Barcelona’s global fanbase
𝕏/@StellarOrg ·
Broadridge's Distributed Ledger Repo platform processes $8T in July as blockchain expands into institutional repo, tokenized collateral and onchain shareholder governance
The Block ·
T. Rowe Price allocates 1.26% of active crypto ETF to DOGE, viewing memecoin seasons as blockchain stress tests
Coindesk ·
Tom Lee predicts crypto platforms will become the future of trading as BlackRock tokenizes "almost every asset" on blockchain rails, shifting markets toward onchain finance
𝕏/@coinbureau ·
Ovato launches blockchain-based rewards ecosystem for local merchants and shoppers
Prnewswire ·
Wu Blockchain data shows 22.7% of leading Bitcoin miners are unprofitable under current power costs, highlighting mounting pressure on less-efficient mining hardware
𝕏/@WuBlockchain ·
Barça Mobile to develop digital wallet with Wirex and Crossmint on Stellar, bringing blockchain payments and digital finance to FC Barcelona’s global fanbase
𝕏/@StellarOrg ·
Broadridge's Distributed Ledger Repo platform processes $8T in July as blockchain expands into institutional repo, tokenized collateral and onchain shareholder governance
The Block ·
T. Rowe Price allocates 1.26% of active crypto ETF to DOGE, viewing memecoin seasons as blockchain stress tests
Coindesk ·
Tom Lee predicts crypto platforms will become the future of trading as BlackRock tokenizes "almost every asset" on blockchain rails, shifting markets toward onchain finance
𝕏/@coinbureau ·
Ovato launches blockchain-based rewards ecosystem for local merchants and shoppers
Prnewswire ·
Wu Blockchain data shows 22.7% of leading Bitcoin miners are unprofitable under current power costs, highlighting mounting pressure on less-efficient mining hardware
𝕏/@WuBlockchain ·