Paxos Labs Raises $12M to Launch Amplify Digital Asset Suite for US Platforms
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Paxos Labs Raises $12M to Launch Amplify Digital Asset Suite for US Platforms
"Paxos Labs was incubated within Paxos, which has processed more than $180 billion in tokenization activity for large financial institutions over the past decade. The new entity is built to sit on top of that infrastructure and give platforms a direct path to monetizing the digital assets they hold."
"Amplify is the infrastructure that makes it possible through a single integration. A single SDK activates the full suite within any application. Each module carries independently configurable parameters, while Paxos Labs handles liquidity, counterparty vetting, and enterprise controls behind the scenes."
Paxos Labs has raised $12 million in a funding round led by Blockchain Capital to launch Amplify, a product suite designed for platforms to monetize digital asset holdings. Amplify includes three modules: Earn, Borrow, and Mint, allowing platforms to activate crypto holdings via a single SDK integration. The Earn module offers institutional-grade yield, Borrow provides asset-backed lending, and Mint enables the issuance of branded stablecoins. Paxos Labs aims to simplify the integration process while managing liquidity and enterprise controls.
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