Investment services

Paxos is a New York-based fully regulated financial institution and technology company specializing in blockchain solutions. The company's product offerings include a cryptocurrency brokerage service, asset tokenization services, and settlement services. Paxos owns a cryptocurrency exchange - ItBit, that was the first crypto exchange to be licensed by the New York State Department of Financial Services. One of the products PAX Gold (PAXG) is a digital asset backed by physical gold. Paxos Trust Company is the custodian for PAX Gold tokens and their associated physical gold bars. The company is based in New York with offices in Singapore and London.