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Category Paxos

Circle, Ripple, Bitgo, Fidelity, and Paxos Conditionally Approved for National Trust Banks

Circle, Ripple, Bitgo, Fidelity, and Paxos Conditionally Approved for National Trust Banks

Federal regulators moved crypto deeper into U.S. banking as the OCC conditionally approved five digital-asset trust banks, signaling growing confid...
Five Crypto Firms Win Initial Approvals as Banks, Including Ripple, Circle, Fidelity

Five Crypto Firms Win Initial Approvals as Banks, Including Ripple, Circle, Fidelity

The firms have obtained conditional approval from the Office of the Comptroller of the Currency to convert into national trust banks.
Paxos Acquires Fordefi to Enhance Institutional Crypto Custody Infrastructure

Paxos Acquires Fordefi to Enhance Institutional Crypto Custody Infrastructure

Paxos strengthens its blockchain infrastructure by acquiring Fordefi, a multi-party computation (MPC) wallet technology provider trusted by nearly ...
Paxos to acquire DeFi wallet startup Fordefi in $100 million deal

Paxos to acquire DeFi wallet startup Fordefi in $100 million deal

Paxos has announced that it is acquiring the DeFi wallet startup Fordefi. Paxos will pay over $100 million to acquire Fordefi and then gradually in...
Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services

Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services

The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.