Paxos is a leading regulated blockchain infrastructure and tokenization platform. It partners with enterprises to tokenize, custody and trade assets. Leading companies worldwide use its blockchain solutions. Paxos is licensed to engage in virtual currency business activity by the NYDFS and is the issuer of regulated digital assets including PayPal USD (PYUSD), Pax Dollar (USDP) and Pax Gold (PAXG). Paxos International issues the yield-bearing regulated stablecoin Lift Dollar (USDL). Paxos Singapore is the issuer of Global Dollar (USDG). Regulated by the NYDFS in the US, the MAS in Singapore and FSRA in Abu Dhabi Global Market, it has raised $540 million from leading investors.