Paxos Raises $142 Million in Series C Funding Paxos has raised $240 million total, making it a top funded blockchain company Paxos will continue to grow and expand its financial market infrastructure platform News provided by Share this article Share this article NEW YORK, Dec. 17, 2020 /PRNewswire/ -- Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, led the round, which includes investments from Liberty City Ventures. To date, Paxos has raised more than $240 million in funding. Charles Cascarilla, CEO and Co-Founder of Paxos, commented, "In the last year, global adoption of crypto and blockchain-based solutions by enterprises has accelerated. We are proud to count among our clients' global leaders in payments, banking, trading and fintech, such as PayPal, Credit Suisse, Societe Generale and Revolut. Paxos is uniquely positioned to address the digital asset needs of global brands and bring our solutions to enterprises with trillions in assets and billions of end users. We are grateful for the support of our new investment partners which helps bring us closer to our vision for a more open, accessible economy."