Paxos Labs raises $12M from Blockchain Capital and Uniswap, launches Amplify embedded finance stack
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Paxos 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.
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