In the Margins

Blockchain company Paxos raises $65M

May 31, 2018

By Reuters

Blockchain and cryptocurrency startup Paxos has raised $65 million from investors, including venture capital firms RRE Ventures and Liberty City Ventures. Paxos will use the cash injection to expand its operations, which include providing blockchain-based services to financial institutions, as well as operating cryptocurrency exchange and custodian itBit, the New York-based company said. Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Directors see modest pay increase in 2021

Independent mutual fund director compensation levels increased in 2021, though the year-on-year change was significantly lower than in 2020, according to new data obtained by Fund Board ...