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.

 

 

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