Paxos Labs

Stub active Updated Apr 14, 2026

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Location New York, NY
Founded 2026
Latest Stage Strategic
Total Raised $12M

Investors

strategic (2026)
strategic (2026)
strategic (2026)
blockchain-capital strategic (2026)

Founders

Bhaumik Kotecha Co-Founder
Charles Cascarilla CEO

About

Paxos Labs is a spinoff from Paxos, the regulated stablecoin infrastructure company founded in 2012, focused on decentralized finance (DeFi) 1. The company develops the Amplify platform, a financial utility stack that enables enterprises to create branded stablecoins and provide customers access to DeFi protocols through a single integration 12. Early customers include neobank Hyperbeat and the Aleo blockchain team 1. Paxos Labs is on track to break even by year-end 2026 1.

Funding History

Date Round Amount Lead Co-investors
2026-04-14 Strategic $12M Blockchain Capital Robot Ventures, Maelstrom, Uniswap Labs 1

What Investors Say

No verified investor quotes available at this time.

What Founders Say

No verified founder quotes available at this time.

Sources


  1. Fortune, “Exclusive: Paxos Labs raises $12 million after startup spins off from veteran stablecoin issuer,” April 14, 2026. https://fortune.com/2026/04/14/paxos-paxos-labs-fundraise-blockchain-capital/

  2. PRNewsWire, “Paxos Labs Launches Amplify, the Financial Utility Stack for Digital Assets,” April 14, 2026. https://www.prnewswire.com/news-releases/paxos-labs-launches-amplify-the-financial-utility-stack-for-digital-assets-302739970.html