Forbes contributors publish independent expert analyses and insights. Former Banking Regulator During GFC, Crypto Policy Since 2016 OCC trust bank charters for Circle, Ripple, Paxos, BitGo and ...
Paxos, the veteran stablecoin and blockchain infrastructure firm, is leaning further into DeFi. On Tuesday, the company announced that it had acquired Fordefi, a New York-based startup that helps ...
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 ...
Paxos, the issuer of the PayPal USD (PYUSD-USD) dollar-pegged stablecoin, has acquired Fordefi, an institutional-grade custody and wallet technology provider, it said on Tuesday. The deal, terms of ...
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 ...
NEW YORK, Nov. 25, 2025 /PRNewswire/ -- Paxos, the leading regulated blockchain infrastructure platform, today announced it has acquired Fordefi, an institutional-grade custody and wallet technology ...
USDG, the base asset, is a 1:1 USD-backed stablecoin issued by Paxos under regulatory oversight, already operational on Ethereum, Solana, Ink, and X Layer. USDG0 builds on this foundation but ...
Paxos, PayPal’s blockchain partner, accidentally minted $300 trillion worth of stablecoins Wednesday in what it called a “technical error,” quietly burning the tokens just minutes later. Market ...
Paxos has noted that stablecoins are becoming core infrastructure for the global financial sector. They aim to enable faster settlement, economical cross-border payments as well as efficient on- and ...
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, a crypto-focused nonbank financial firm, announced Monday that it is seeking a national trust charter under the Office of the Comptroller of the Currency. Processing Content If approved, the ...
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