New York based cryptocurrency infrastructure and white-label services platform raised $300m in Series D funding led by Oak HC/FT.
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Paxos raises $300m in Series D funding at a $2.4b valuation
In particular, Paxos has partnered with PayPal for its cryptocurrency features. Since October 2020, PayPal customers have been able to buy, hold and sell a handful of crypto assets — Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Venmo, a PayPal subsidiary, added the same cryptocurrency features just a few days ago.
