Paxos
Paxos is a blockchain infrastructure platform based in New York, founded in 2012 by Charles Cascarilla and Richmond Teo. The company specializes in regulated digital asset solutions and rebranded to Paxos Trust Company in 2015 after obtaining a trust charter for digital assets. With over $500 million in funding and offices in London and Singapore, Paxos operates as a remote-first organization. Paxos offers a range of services, including the Paxos Standard (USDP) and PAX Gold (PAXG), which are regulated stablecoins. The company provides white-label crypto brokerage solutions for enterprises, enabling trading, custody, and compliance services. Paxos also received SEC approval to settle U.S.-listed equities via blockchain and operated the itBit Exchange until 2023. The company is committed to regulatory compliance, overseen by the NYDFS and Singapore’s Monetary Authority, and publishes monthly reserve reports for transparency. Paxos partners with major companies like PayPal, Mercado Libre, and Mastercard to enhance crypto trading and infrastructure.
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Headcount trend
Paxos went from 300 employees in Jul 2023 to 231 in Jun 2025. Jan to Jun 2025: 21 people joined, 28 left.
Headcount data through Jun 2025
Org structure
Headcount by department
Hiring now
See all jobsSalaries at Paxos
All salaries11 salary profiles in the US
Most reported roles
H-1B sponsorship
The department split adds up all the years listed above. FY2026 alone: 2 filings.
Funding
- Apr 2021 · Series D · $300M · Oak HC/FT, Declaration Partners, Mithril Capital
- Dec 2020 · Series C · $142M · Declaration Partners, Mithril Capital Management, RIT Capital Partners plc
- May 2018 · Series B · $65M · Liberty City Ventures, RRE Ventures LLC.
- May 2015 · Series A · $25M · RRE Ventures LLC., Liberty City Ventures
- Jun 2013 · $4.7M
- Nov 2011 · Seed · $3.3M · Canaan Partners, RRE Ventures, Liberty City Ventures
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Paxos FAQ
How many employees does Paxos have?
Paxos has about 231 employees, down 2.1% over the 3 months to Jun 2025.
Does Paxos sponsor H1B visas?
Yes. Paxos filed 2 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.
What is Paxos's revenue per employee?
Paxos makes about $781K in revenue per employee, based on $180.4M annual revenue and 231 employees.
How much does Paxos pay?
6figr has 11 salary profiles for Paxos in the US, with pay broken down by role, level, gender and ethnicity on the Paxos salaries page. See Paxos salaries
How much funding has Paxos raised?
Paxos has raised $539.95M in total funding; its latest round was Series D in Apr 2021.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.
