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Paxos (company)

Paxos (company)

Paxos is an American financial technology (“fintech”) company, established in September 2016 and based in New York, with international offices in London and Singapore. Its main business is developing and providing blockchain technology for the financial services industry.

The company’s main product is Bankchain, a cloud-based platform as a service (PaaS) blockchain settlement solution for capital markets. In 2016, Paxos partnered with Euroclear to provide blockchain settlements for London's bullion market and this partnership is said to have ended in July 2017.

Management

The Paxos CEO is co-founder Charles Cascarilla, and its board of directors includes the former chairwoman of the U.S. Federal Deposit Insurance Corporation (FDIC) Sheila Bair; former Democratic U.S. Senator William Warren "Bill" Bradley; former chairman of the Financial Accounting Standards Board (FASB) Robert H. Herz; and former chairman, president, and CEO of Lotus Development Corporation Jim Manzi.

Timeline

People

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Charles Cascarilla

Founder

Jim Manzi

Sheila Bair

William Bradley

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